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 > Friday Expectations

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Comment by OldDweebon Mar 18, 2024 12:44pm

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RE:RE:RE:Friday Expectations

The concern is some markets like Ontario and Alberta are saturated with retail locations. My little town of 100K population has 15 locations. Some municipalities have refused weed to be sold so there is some spill over effect but it may not be enough for long term viability. I can envision margin compression as others will try to compete with HITI. Their financials at this point have failed to impress IMO.

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