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

High Tide Inc > Shake shake shake, wa wa wa. Shake that tree, lol

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Comment by paradinion Jan 30, 2024 11:04am

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Post# 35852588

RE:Shake shake shake, wa wa wa. Shake that tree, lol

2 things after reviewing the financials. That can be seen by some as quite negative.

Q4- eps (.39)
profit margin dropped by 1%.

For a growth company a drop on margin is not great.

this company is betting longer term... rapid expansion will mean more share dilution, or more debt. This unfortunately will hold the share price back until the fruits ripen. Here's to a good growing season!

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