High Tide Inc V.HITI

Bounce Back !

[Babuwabu]

Nice to see a bounce back from yesterday's lows.  Way overdone!
This take down in share price was started a couple weeks ago on the rumor of financing.  It was just a rumor! 

The CEO has stated it would not tap into financing unless it abolutely had to!

In the mean time, there were a couple press releases of stores openings; 3 additional locations (2 in Ontarion and 1 in alberta). 

Above all, High Tide Chief Executive Raj Grover states "This remarkable growth has been driven by our strong free cash flow, allowing us to expand without tapping into our cash reserves". 

The company said it would end 2024 having opened 29 stores across Canada, which is in line with their publicly stated goal of adding 20 to 30 locations accross Canada this year.

[Oldweed]

Just a healthy consolidation before the next leg up imo, our trend line is still intact, in fact, even stronger now after the pull back. HITI has built trust with investors and the result is shown in the SP trend line. It's actually remarkable how good this microcap looks in comaprison to it's peers in the market, and now we look fwd to online HEMP sales in the US. It's gonna be a very