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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 Oldweedon May 08, 2024 11:04am
79 Views
Post# 36028941

RE:RE:Something Brewing?

RE:RE:Something Brewing?
monte8 wrote: Not sure what's going on but they are very close in volumes, while they have similar business Curaleaf has a presence in 17 states, and owns and operates 145 dispensaries and 18 cultivation sites while, High Tide has more dispensaries albeit in Canada and online however, no cultivation sites.


Sure, HITI is retail focused but it's vertical chain is a little more than you indicated. HITI has wharehousing and a distribution network in the USA in addition to their online platforms. Consider that any MSO would more than double their retail presence and effectively become the dominant player in Canada, I would think ANY MSO would be banging on the door to partner with HITI! As for CURA HITI becomes even more attractive with HITI's partnership in Germany where HITI will have 1st mover retail advantage. Again, HITI is very very well positioned in the sector!
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