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 > Something Brewing?

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Post by Oldweed on May 08, 2024 9:45am

Something Brewing?

Just noticing the strengh in SP this morning and similar volume as CURA on the TSX right out of theh gate.

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Comment by monte8 on May 08, 2024 10:23am

Not sure what's going on but they are very close in volumes, while they have similar business Curaleaf has a presence in 17 states, and owns and operates 145 dispensaries and 18 cultivation sites while, High Tide has more dispensaries albeit in Canada and online however, no cultivation sites.

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Comment by Oldweed on May 08, 2024 11:04am

Sure, HITI is retail focused but it's vertical chain is a little more than you indicated. HITI has wharehousing and a distribution network in the USA in addition to their online platforms. Consider that any MSO would more than double their retail presence and effectively become the dominant player in Canada, I would think ANY MSO would be banging on the door to partner with HITI! As for CURA ...more

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Comment by monte8 on May 08, 2024 11:38am

I agree with your post Oldweed, HITI is more attractive than CURA. 1st wall at $3.16 taken down, now another at $3.19. Someone is purposely trying to keep HITI at this level.

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Comment by monte8 on May 08, 2024 1:06pm

Seems to have punched through the earlier resistances and in the $3.30's. Something is brewing! Someone knows something. Please share with this board. Thanks!

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Comment by Dynaboy72 on May 08, 2024 1:42pm

Over 700k shares bought on nyse a big whale buying.

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Comment by Oldweed on May 08, 2024 1:59pm

Being on the Nasdaq, a small float like this gets gobbled up in no time when big money moves in:)

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Comment by monte8 on May 08, 2024 2:26pm

Yeah! On the Nasdaq the volume at 800K. For the last couple weeks the share price has been hovering low $3.00's. Yep! Some in the know are buying and now the share price has been bid up about 10%. I believe news will be coming soon.

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