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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

TSXV:HITI - Post Discussion

High Tide Inc > All Good
View:
Post by Oldweed on Feb 08, 2024 3:16pm

All Good

Looks like we are bouncing off 2.30 to form a new floor for the next leg up. I listened to the Echelon review and noted they came to the same conclusion that HITI is doing everything right and is now in a very attractive merger or takeover position. WIth two catalysts on the horizon, (Canadian tax review) and the reclassifiacation to Schedule 3) HITI will benefit from both. In Canada, it will be critical that the market consildates in preparation of of the MSO invasion, and the MSOs will be looking North to Canada as a new market. HITI will be on everyones radar, I have no doubt we have a multi bagger in HITI.

GLTA
Comment by OldDweeb on Feb 08, 2024 4:32pm
It would appear the crystal ball is very cloudy. The stock is languishing. Good luck with the speculation.
Comment by Pedal2themetal7 on Feb 08, 2024 6:50pm
You won't see a major change in the SP until the daily volume starts to increase and institutional investors take a serious look at this company. They have done a fantastic job growing organically so far, if they achieve their goal regarding the number of stores they want to open, the SP should reflect the expansion. So far I like what the CEO has done and his vision, he started this ...more  
Comment by Oldweed on Feb 08, 2024 8:36pm
Maybe time to uplist to the TSX.
Comment by Pedal2themetal7 on Feb 08, 2024 11:21pm
I like their approach, they have been methodical every step so far, I believe they're building a very strong foundation and they will be able to adapt to the usual unknown obstacles. It is interesting how the CEO started this company and what he has done so far. Every move he makes has a strategic plan, and so far he's proving to be adapting well to this demanding new industry. The SP ...more  
Comment by paradini on Feb 09, 2024 1:36pm
It would be a very good decision to get on TSX. More institutional investors will get in(eventually).  Until weed sentiment improves we will not attain the value this company deserves.  But when the sentiment changes, look out there will be the next wave of money! I could eventually see companies like Tilray potentially trying to buy out Hiti, great revenue and a low cost could really ...more  
Comment by Oldweed on Feb 09, 2024 2:01pm
Yep, and if not Tilray it will be an MSO partner or a whale like ATD!
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