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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 Jan 09, 2025 3:38pm
27 Views
Post# 36396665

RE:RE:RE:RE:RE:Todays Action

RE:RE:RE:RE:RE:Todays Action
Ronbromleygross wrote:

My guess is that one if not more of the MSO's already had a partnership agreement with Raj and Hiti over 1 year ago when Raj talked about that on one of the podcasts that he has a "Roladex" of opportunities with US partnerships ready to go once he gets the green light to enter the USA upon reform news.  

My guess is he may get better opportunities today considering how low the MSO's have and will continue to head lower while Hiti has made significant strides up on its own growth and operational performance over the last few years.   The proof is there no doubt and is not based on word of mouth BS like some of these other CEO's spit out. 

Yep, impossible to get a clear market view now, I remember there being a partnership agreed upon for the USA. I vaguely remember "Green" in the name, but that could be GTII or the company CURA bought "Northern Green" for German supply. As you pointed out, the market is very fluid, and on top of the existing players you can be sure there are plenty of Whales looking into the sector as well. Some are betting on beverage being big, and they are probably right, however if you are not being bought out by the likes of COKE, PEPSI, or alcohol, it will be very very difficult to win in the hemp market against any of these whales. One thinng for sure, all the insiders are aware of the best performing companies out there, that said, with HITI likely getting 15% of the Canadian market, poised for US and German expansion, and millions of suscribers globally, we are in a very good position.

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