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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 > Question
View:
Post by Oldweed on May 07, 2024 11:23am

Question

Since we are already on the NASDAQ how will "Safer" directly benefit HITI? I would be interested to hear thoughts on what this would mean for HITI in the near to mid-term. Do you see it as institutions will move in in anticipation of HITI moving THC products into their retail stream south of the border?
Comment by Oldweed on May 07, 2024 11:49am
I see it as a big 1st advantage as any institution and or whale investor will have instant access to HITI, as they would to CGC and TLRY. However, HITI is at a far more attractive multiple and has a proven profitable business model, the other 2 do not as of yet. All the MSOs will have to wait for the uplisting process and then for the custody of shares to be available, which will take at least a ...more  
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