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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 Jun 06, 2024 2:00pm
131 Views
Post# 36075872

RE:RE:Today is a Good Day

RE:RE:Today is a Good DayI agree the US is a mess in general, never mind this sector, but fortunatley, that has no impact on the current evaluation of HITI. Raj is laser focused on doubling Canadian retail, and on any opportunities developing internationally. HITI is not dependent on the Y S to survive and the business HITI has in the US is not affected by the safe banking issue, but will dramatically explode when it all gets sorted out. So no downside for HITI in the US, only upside. That's the beauty of this company, it's already a viable business making money and doubling in size in markets. Most others are a one day future promise to make money, we are already there, with a long runway to keep growing. Rest assured, the US is a massive opportunity, and I'm confident Raj has an expansion plan ready to go, for now we wait while the US market cannabilizes itself. All that means is cheaper entry for HITI before all the dust settles. My opinion, we have they key to succeeding in California, the successful BM and mom and paps stores will tuck nicely into our model. Stay tuned:)
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