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High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.


TSXV:HITI - Post by User

Post by Oldweedon Jan 15, 2024 9:21am
162 Views
Post# 35826632

HITI is Positioned Perfectly

HITI is Positioned PerfectlySo we already know HITI has already cracked the code to profitability, this puts us in a fantastic market position. As the US border opens up the MSOs will be looking at entering the legal market in Canada and taking market share from the LPs as fast and hard as they can. The LPs will be squeezed and will be looking hard at HITI as well, as it's critical they find a way to profitability on home turf. Without it, they will not stand much of a chance to finance expansion the US. I hope, Raj will resist the easy quick exit and build this retail empire. Future looks bright!
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