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 > Wake up HITI

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Comment by Pedal2themetal7on Mar 08, 2024 9:08pm

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Post# 35923992

RE:RE:RE:RE:Wake up HITI

Almost 500 million yearly revenue, outstanding shares are at a great level, same with market cap, and they survived a reverse split and yet the daily volume is anemic . I'm not overly concerned about the SP but the low volume is why I only have a small position.

I like this company, lots of upside, but cannabis is still a very volatile industry. Until I actually see something concrete from the US, I'm not considering it in my DD. The next 18 to 24 months should be interesting with the 2nd Germany pillar getting the government approval.

IMHO

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