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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

Comment by Pedal2themetal7on Feb 08, 2024 6:50pm
124 Views
Post# 35871283

RE:RE:All Good

RE:RE:All Good

You won't see a major change in the SP until the daily volume starts to increase and institutional investors take a serious look at this company.

They have done a fantastic job growing organically so far, if they achieve their goal regarding the number of stores they want to open, the SP should reflect the expansion.

So far I like what the CEO has done and his vision, he started this company, has a great structure to be successful within the cannabis industry, a takeover is always a possibility but I personally see them acquire as needed and as they move along and keep growing. 

Still a penny stock, in a volatile market, but a lot of potential.

IMHO
 

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