High Tide Inc V.HITI

Reverse split

[aurorahigh]

I understand the reason for the rs and knew it was imminent when I invested in hiti.  Luv the company and it’s vision going forward however can they justify a ~$9.00 sp in current environment on roughly 40m last Q?
With the newer stores coming online and further stores being bought I’d expect these numbers to increase was just curious to others opinions on the new sp price after rs?  Yea their float will be 46m
can they sustain that price level?
Any levelheaded opinions be appreciated.

[Moetown1]

First off, if you are the same aurora from namaste - hello! I think I recognize that username from 2017-2018 Sean days. Anyways, I don't focus on the share price, you want to focus on market cap. 49 million outstanding shares at $9 a share is the same as close to 700 million outstanding shares at today's share price. Share price is irrelevant. Imagine if you got into canopy when it was a

[aurorahigh]

 Hey nice to see you’re still here too.  I’m still on N Agreed share price is irrelevant just was curious how market would price it.   Makes me think a major m&a will shortly follow.  All speculation but in this industry you never know.

[Fendall]

What does the share price have to do with anything? It may effect people's moonshot dreams but it means absolutely nothing.  Market cap is 10 times more important.  400 million cap with expected revenues of 200 million for the year, hovering on profitability and growing fast with new acquisitions.... very undervalued to peers in industry.   20-40 dollar per share range end of