Bullboard - Stock Discussion Forum 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... see more

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TSXV:HITI - Post Discussion

High Tide Inc > Thoughts?

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Post by sejd on Mar 31, 2021 6:25pm

Thoughts?

What are all your thoughts on the quarter?
Looks like sales are up but so is loss?

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Comment by SpeedJ581 on Mar 31, 2021 6:41pm

Great results. 38.3 million even beats guidance. EBITDA of 4.6 million. Gross profit at 14.8. What's not to like! Growing at this pace is going to cost money, you can't ask for better results.

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Comment by SlackerSlave on Mar 31, 2021 6:49pm

current market cap is trading at only 3.7 multiple of sales. Considering some in this space are upwards of multiples of 10 or greater, I think there's lots of room for stock price appreciation.

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