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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 Ronbromleygrosson Oct 07, 2024 8:28pm
71 Views
Post# 36257081

RE:Increased Volume

RE:Increased Volume

We have stabilized here it seems.  Could be the investing community has finally seen 3 straight qtrs of ER's that show Hiti is actually progressing and growing in this space with the financial results to prove Raj and the Hiti team actually have a business model and "international road map" to implement the Canna Cabana on a global scale.  

I think the big money and/or smart money is finally starting to understand Hiti is NOT a LP/Producer in this MJ space.  We are a "retailer" and we just sell the product and the accessories in this space.  If they are only now starting to figure this out, then it bodes very well for Hiti shareholders and the company here.  Being early in this space can be frustrating for sure but remember too that when big money invests here, the moves up can be fierce and spectacular unlike the long slow 4 year move down  many of us here have experienced.

Hopefully the USA elections throw some fuel on this mini flame we now see with Hiti.  If not then no big deal.   Raj will figure out a way to convince the big money whales to invest with little Hiti.  Small or microcaps like Hiti move up monstrous with just some bit of volumes!  We have seen this many times already here.   The next time it could be the long awaited permanent move up.  Markets work both ways (down and back up) but only when you pick the right stocks.  Don't dwell on the past.  Focus on the future.   Smart investors always do.  So do I.  GLTA.

Ron
 

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