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 > Different perspective

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Post by BadgerUSA on Apr 06, 2021 3:07pm

Different perspective

stock price. A subway store does about 418,000 USD a year. Hitide store does about 334,000 USD per year. A McDonald's does about 2.6 million USD per year. A 78 store US cannabis store chain does about 6.7 million USD per store annually. Hightide is still a very small player with low return on capital long way to go to make it on Nasdaq. Will have to do a 3 to 1 or 4 to 1 split.

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Comment by SpeedJ581 on Apr 06, 2021 9:52pm

LOL Wow... you didn't do any research. Your numbers on high tide are completely out to lunch. Since the last quarter probably didn't even have 70 stores open for the whole quarter not to mention covid, they did over 30 million in just cannabis sales in 3 months... not including accessories. That puts a store at about 1.7 million a year Canadian. Thats over 1.3 US so ...more

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Comment by Ronbromleygross on Apr 06, 2021 10:34pm

Nice job speedJ581 badger usa can you double check your figures and compare them to speeds analysis. It is important for us all to understand and get the right facts Ron

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High Tide Inc