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From Raj:
"I am thrilled to announce that by the end of 2024, High Tide will have successfully opened 29 new stores, achieving our publicly stated goal of adding 20 to 30 locations across Canada this year. This remarkable growth has been driven by our strong free cash flow, allowing us to expand without tapping into our cash reserves.
"Canada remains a dynamic and exciting growth market as we advance toward our ambitious goal of 300 locations nationwide within the next few years. Simultaneously, we are equally energized by our recently launched international initiatives that will drive our global expansion. I want to take this opportunity to thank our dedicated team for their unwavering efforts, especially as we push through December. Their hard work continues to be the backbone of our success," added Mr. Grover.
The large drop we've seen in share price and overreaction was way over done.
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