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ugh not more good news for them to dump there discounted shares to geez
getting ready for another sad red bloody day here
well let’s hope tomorrow is not another blood bath but it’s been like 1-2
days green for every 4-5 days red which i don’t like
i rather wait for bottom
hope it turns around tomorrow sucks that all the good news out got ambushed by bad market days and bad sectors days
it’s as if we never even got those record breaking best earnings ever
they didn’t even count
not to mention stores opening like every other week .. it’s like that doesn’t account for any share holder value either
These discounted warrants need to be gone already!
i wish i could buy back in but i did last week too early at 67-68
had to sell half at loss today i don’t see a bottom yet but kept half unless i’m wrong
only good thing is i’m playing with profits but still sucks to be off sync of this big after beautiful earnings dip
yah another red day keeps the investors away
man these bags are getting heavy
sucks going down with the ship
should have got out and stayed out at .72
thanks to all this share holder value
wish i could buy discounted warrants and dump them every day too
ugh not another store opening?!
the last few openings caused a lot of selling
new york is legal right now
shops to sell
recreational prob won’t open till next year
but def legal for rec now
can walk down the street with your pot now
have no idea
no one knows when the rs will finalize
this been trading sideways for weeks now so i imagine it’s going to be in the .60-.70 range unless some other news pops this higher but we been getting a lot of selling on good news so idk if that will even help
maybe if the discounted warrants run out we can start up trending again before the rs
good thing is these discounted warrants and cheaper shares from financing will run out at some point
unfortunately if you live in the USA you can’t buy or trade these warrants it’s only for canada but i heard they are still trading at a pretty good discount so i’m sure that is helping keeping the price down but can’t go on for ever
the RS doesn’t bother me so i don’t think so
it would hold back people that don’t know any better that this is a good RS to uplist
i think all the discounted warrants and shares from financing is whats holding back this
people can buy these warrants immediately trade them in for shares at a cheaper price then market then go dump for a profit
it’s ridiculous
break that .65 support
got anymore good news so these guys can dump their discounted warrants and shares at?
amazing financials means nothing in otc land ????
lol yeah guess this doesn’t matter
got to love how this trades
I already made my 400% gain
and sold 2/3s at profit
rs doesn’t scare me or bother me
i embrace it
once otcx is out of the picture and this is off the otc there will be real long investors and not just otc flippers
LOL Timber as usual even with record breaking highest ever earnings report
this OTC is so backward
This will have little to no impact on the cannibis market
same way vape crisis 1.0 had no impact
interesting yeah some thing is definitely different this time I doubt we will see the selling we usually do after earnings
I’m thinking it’s going to pop up big or worst case scenario it continues to trade sideways but I’m Leaning more towards a pop-up
I guess it wasn’t that slow but it was pretty sneaky and unexpected
Something is definitely brewing I’m leaning towards a huge pop in the morning
watch those .68 300k ask get gobbled up on secret slow mo lol
so this is not following the same pattern of build up to earnings,,, like it did the past 2 times.. And we know this earnings coming up will be record breaking!
so possibly there will be a big surge upwards tomorrow and so the opposite it has done in the past on earnings ..
It normally has a day or two sell off after earnings ... let’s see if this does the opposite since we got opposite prior to earnings ...
probably will have no effect the same way 100% plus increase in sales has no effect on share price
we are about to get a record breaking earnings later today and volume has dried up, no build up to earnings release like previous earnings, just a lot of sideways low volume trading
clearly being in the otc is holding this down snd we need to get off the otc to get out next big break out
$HITIF
record breaking earnings tomorrow!
Over bought? lol with a RSI of 56?
i can give ya some credit on the over bought part if this was back when the RSI was 90 and price was .85
But it being over bought right now is just plain hog wash.
High Tide Opens its 80th Cannabis Retail Store in Burlington, Ontario
NEWS PROVIDED BY
High Tide Inc.
Mar 26, 2021, 06:00 ET
CALGARY, AB, March 26, 2021 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that its new Canna Cabana retail store, located at 3505 Upper Middle Road, Unit D3, in Burlington, Ontario, has begun selling recreational cannabis products for adult use. The new store represents High Tide's 80th branded retail location across Canada selling recreational cannabis products and consumption accessories, and the Company's eighth new organically built store in the month of March alone. The new Burlington store is strategically located within a popular commercial plaza with a major grocery anchor and several national restaurant chains nearby.
High Tide Inc, - March 26, 2021 (CNW Group/High Tide Inc.)
"The new store is another step towards our commitment of reaching 30 branded retail locations within Ontario by September of this year. I am so proud of the work our team has put into launching eight new stores this month alone. March has been the busiest month in terms of new store openings since High Tide's inception," said Raj Grover, President and Chief Executive Officer of High Tide. "Continued expansion in Canada's largest province remains a core part of High Tide's organic growth strategy. We will continue to execute this strategy by bringing our one-stop cannabis shop concept to high traffic areas like the new Upper Middle Store in Burlington," added Mr. Grover.
High Tide Opens Two New Stores in Underserviced Calgary Neighbourhoods
NEWS PROVIDED BY
High Tide Inc.
Mar 25, 2021, 06:00 ET
CALGARY, AB, March 25, 2021 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that its new Canna Cabana retail store, located in the affluent Silverado neighbourhood of Calgary, has begun selling recreational cannabis products for adult use, and that an additional store located in Calgary's Shawnessy neighbourhood will begin sales tomorrow. The new stores are located at 850 - 19369 Sheriff King Street SW and 130 - 296 Shawville Blvd SE, and represent High Tide's 78th and 79th branded retail locations across Canada selling recreational cannabis products and consumption accessories. The Silverado store, the first cannabis retail store within the neighbourhood, is situated in a popular retail plaza anchored by a major grocery chain while the Shawnessy location is in a power centre alongside major national retail brands.
High Tide Inc (CNW Group/High Tide Inc.)
"Both new stores will follow High Tide's "one stop cannabis shop" differentiated model for all our customers' cannabis and consumption accessory needs," said Raj Grover, President and Chief Executive Officer of High Tide. "While Alberta remains a competitive market, our business strategy in the province focuses on continuing organic growth by opening new stores in underserviced neighbourhoods while offering price points and product offerings that appeal to a broad spectrum of consumers," added Mr. Grover.
If that is true there should be a filing for that.
most reverse splits or for share selling scams or to initiate further dilution. It’s a different story when it’s a reverse split in order to up list.
If it wasn’t for the up listing there is no need for reverse split so most of the negative things that come with a reverse split are not applicable here
6:00a ET 3/24/2021 - Dow Jones
Press Release: High Tide Acquires Leading E-commerce Retailer Smoke Cartel
Mentioned: SMKC
High Tide Acquires Leading E-commerce Retailer Smoke Cartel
Canada NewsWire
CALGARY, AB, March 24, 2021
CALGARY, AB, March 24, 2021 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition (the "Acquisition") of Smoke Cartel Inc. ("Smoke Cartel") (OTCQB: SMKC) and now operates both the largest and second largest e-commerce platforms for consumption accessories in the world(1) with a combined total of 33 million site visits in 2020. As a result of the acquisition, High Tide has considerably expanded its footprint in the United States market, and is very enthusiastic about its position to begin online cannabis sales should the United States move forward with federal legalization.
"The acquisition of Smoke Cartel is part of our strategy to aggressively pursue M&A targets that can be immediately accretive to shareholders. Now that the transaction has closed, High Tide will move quickly to take advantage of Smoke Cartel's proprietary and licensable drop-shipping technology to enhance all our e-commerce businesses and further drive vertical integration across all accessory business lines, while continuing to make progress on our application to list on the Nasdaq," said Raj Grover, President and Chief Executive Officer of High Tide. "This deal immediately gives High Tide access to Smoke Cartel's 550,000 customers, driving more sales opportunities and increased profit margin, " added Mr. Grover.
The Acquisition was completed pursuant to the terms of the definitive agreement (the "Acquisition Agreement") previously announced by the Company on January 25, 2021. High Tide acquired all of the issued and outstanding shares of Smoke Cartel ("SC Shares") for US$8.0 Million, implying an approximate value of US$0.31 per SC Share.
The consideration was comprised of: (i) 9,540,754 common shares of High Tide (the "HT Shares"), having an aggregate value of US$6.0 Million with each HT Share priced at the 10-day volume weighted average price of the HT Shares on the TSX Venture Exchange immediately prior to the closing of the Acquisition (the "Share Consideration"); and (ii) US$2.0 Million in cash (the "Cash Consideration"). As a result of U.S. securities law considerations and negotiations between the parties, certain Smoke Cartel significant shareholders have agreed to allow the Cash Consideration to be allocated first to Smoke Cartel's shareholders generally, who were paid fully in cash, using all or a portion of the Cash Consideration.
Pursuant to the Acquisition Agreement, 25% of the Share Consideration has been placed in escrow for a period of 12 months from Closing.
In connection with the Acquisition, High Tide is excited to announce that Sean Geng, Founder and CTO of Smoke Cartel, has joined the High Tide team as Chief Technology Officer to oversee all IT and e-commerce initiatives for High Tide globally.
The Acquisition is an arm's length transaction pursuant to applicable regulatory policies.
________________________ 1 As of March 23rd, 2021, based on traffic analytics data provided by SEMrush Inc."
ABOUT SMOKE CARTEL
Smoke Cartel, Inc. (OTCQB: SMKC) is one of the leading online retailers of glass water pipes, vaporizers, consumption accessories, and hemp derived CBD products. The company provides a marketplace with a wide variety of high-quality products, subscription boxes, reliable customer service, and rapid dependable shipping. Smoke Cartel leverages its proprietary marketplace technology to seamlessly connect brands & vendors with its growing customer base built over the last 7 years. The company's website at www.smokecartel.com offers fast load times and optimizations, making the customer experience quick, seamless, and engaging.
ABOUT HIGH TIDE
High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 77 current locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide's retail segment features the Canna Cabana, KushBar, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity.com and CBDcity.com, and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Aphria Inc. (TSX:APHA) (NYSE:APHA) and Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB).
High Tide Announces Filing of Form 40-F with SEC Fulfilling a Significant Milestone for the NASDAQ Listing
CALGARY, AB, March 22, 2021
Press Release
Canada NewsWire
CALGARY, AB, March 22, 2021 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (OTCQB: HITIF) (Frankfurt: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of smoking accessories, is pleased to announce that it has filed a Form 40-F Registration Statement ("Form 40-F") with the United States Securities and Exchange Commission (the "SEC"), fulfilling a significant milestone in the process for High Tide to list its common shares on The Nasdaq Stock Market LLC ("Nasdaq"). A copy of the Form 40-F is available on the Company's website at www.hightideinc.com.
"We were the first Canadian cannabis retailer to pursue this prestigious listing on Nasdaq and we believe it will allow us to greatly expand our shareholder base, enhance shareholder value and accelerate our already aggressive M&A initiatives in Canada, Europe and the United States," said Raj Grover, President and Chief Executive Officer of High Tide. "We are currently in several discussions with potential acquisition targets in these jurisdictions and look forward to updating the market soon," added Mr. Grover.
The listing of the Company's common shares on Nasdaq remains subject to the approval of Nasdaq and the satisfaction of all applicable listing and regulatory requirements, including the effectiveness of the Form 40-F.
High Tide's common shares will continue to trade on the OTCQB under the ticker symbol HITIF until Nasdaq approval and up listing. High Tide's common shares will continue to trade on the TSX Venture Exchange ("TSXV") under the ticker symbol "HITI" post-Nasdaq up listing. There can be no assurance, however, that Nasdaq approval will be received.
Following receipt of all required approvals, the Company will issue a press release announcing its first trading date on Nasdaq.
Release of First Quarter 2021 Financial Results
The Company will release its financial and operational results for the quarter ended January 31, 2021 after market close on April 1, 2021. High Tide's first quarter 2021 financial and operational results will be available on SEDAR and on the Company's website at www.hightideinc.com/invest.
Following the release of its first quarter 2021 financial and operational results, High Tide will host a conference call with Raj Grover, President and Chief Executive Officer, and Rahim Kanji, Chief Financial Officer, at 5:00 PM Eastern Time on April 1, 2021. The conference call will discuss High Tide's first quarter 2021 financial and operational results and updates on the Company's plans for 2021.
High Tide Announces Filing of Form 40-F with SEC Fulfilling a Significant Milestone for the NASDAQ Listing
CALGARY, AB, March 22, 2021
Press Release
Canada NewsWire
CALGARY, AB, March 22, 2021 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (OTCQB: HITIF) (Frankfurt: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of smoking accessories, is pleased to announce that it has filed a Form 40-F Registration Statement ("Form 40-F") with the United States Securities and Exchange Commission (the "SEC"), fulfilling a significant milestone in the process for High Tide to list its common shares on The Nasdaq Stock Market LLC ("Nasdaq"). A copy of the Form 40-F is available on the Company's website at www.hightideinc.com.
"We were the first Canadian cannabis retailer to pursue this prestigious listing on Nasdaq and we believe it will allow us to greatly expand our shareholder base, enhance shareholder value and accelerate our already aggressive M&A initiatives in Canada, Europe and the United States," said Raj Grover, President and Chief Executive Officer of High Tide. "We are currently in several discussions with potential acquisition targets in these jurisdictions and look forward to updating the market soon," added Mr. Grover.
The listing of the Company's common shares on Nasdaq remains subject to the approval of Nasdaq and the satisfaction of all applicable listing and regulatory requirements, including the effectiveness of the Form 40-F.
High Tide's common shares will continue to trade on the OTCQB under the ticker symbol HITIF until Nasdaq approval and up listing. High Tide's common shares will continue to trade on the TSX Venture Exchange ("TSXV") under the ticker symbol "HITI" post-Nasdaq up listing. There can be no assurance, however, that Nasdaq approval will be received.
Following receipt of all required approvals, the Company will issue a press release announcing its first trading date on Nasdaq.
Release of First Quarter 2021 Financial Results
The Company will release its financial and operational results for the quarter ended January 31, 2021 after market close on April 1, 2021. High Tide's first quarter 2021 financial and operational results will be available on SEDAR and on the Company's website at www.hightideinc.com/invest.
Following the release of its first quarter 2021 financial and operational results, High Tide will host a conference call with Raj Grover, President and Chief Executive Officer, and Rahim Kanji, Chief Financial Officer, at 5:00 PM Eastern Time on April 1, 2021. The conference call will discuss High Tide's first quarter 2021 financial and operational results and updates on the Company's plans for 2021.
HITIF is the only green On my watchlist today
Almost all my pot stocks i watch were red today except High Tide and 2 others but they weren’t up much.
We are going to stair step up to the earning like before... hold on tight grab more while you still can
im thinking we pass our current 52week high.
this is a fake company birthed by another fake shell company
hitif is a real company im glad i moved my money there
the big run is not here lol
try hitif or any weed penny stock for that matter is better then this
They they would be right in line with high tide who has better financials
hmmm one of them has to change
my bet is high tide jumps and catches up to sundial
I wonder if this is the pre earnings release build up that we usually get before earnings
maybe we get a slow climbing rise over the next 3 weeks or so till the earnings are released for Q1
With the meta revs being included i think this is going to be a record breaking earnings and we may possibly hit a $1 by next month when they release it. Of course there will be a sell off the day of but prior to that im thinking we hit a $1 then slide down like usual and find a new foundation to build from maybe .75-80
oh boy no more flipping portions of my shares for me
need to hold tight for the climb!
same old dumping on good news
So predictable
glad i sold a bunch
will buy them back later at 59-60 cents
same old push down manipulation led by otcx
get ready to see 60 and lower again
That’s right otcx you make sure you take away most of our gains for today and keep us down as at as you can
thank you for your constant fake 100k sells and manipulative bids
Now the big question is can we get another green close and make it 2 days in a row
Nice it’s such a good feeling to buy and automatically be up and green
we haven’t had two consecutive green closing days in a long time ... maybe some bad news would help us to close green because good news isn’t helping at all