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 > 4’th qtr results are out. And a letter of intent with German

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Post by Ronbromleygross on Jan 30, 2023 6:52pm

4’th qtr results are out. And a letter of intent with German

Fabulous results and topped most estimates on revenues and earnings. We have a letter of intent for entry into Germany too. Let's see the others in this space compete or top those results. The best is yet to come imo.

https://hightideinc.com/high-tide-releases-audited-2022-financial-results-featuring-record-fourth-quarter-revenue-of-108-2-million-and-record-adjusted-ebitda-of-5-0-million/

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Comment by Ronbromleygross on Jan 30, 2023 8:14pm

Further details on the "Sanity Group" letter of intent posted by Raj on the ER today that Hiti has mentioned with regards to their Germany entrance. A leading German company and is positioned to be a leader in "Europe" . Read the link below to get up to speed on what they do and where they are headed in this space. https://www.newcannabisventures.com ...more

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Comment by pacer217 on Jan 30, 2023 8:17pm

Yes, The revs #.s are great and getting better,/ The Net loss per share.@ 52 cents surprising to me, with Rev. over $100 million. Impairmnet loss sticks out -- do not know what that is. Growth is healthy upward projection. Any accounting experts can help to alleviate my puzzlement??

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