High Tide Inc (HITI)

[antonaki2]

There is already a procedure put in place by UPS to counter the Nicotine Vape bylaw. Businesses will have to register, show tax collection verification and proof of age signature for customers to collect their vape
delivery.

They will have to go to UPS registered points of access (like the CVS chain for one) to pick up. If anything this will strengthen the stronger distributor companies like High Tide because smaller vape on-line businesses won't want to go through the added trouble and the expense and will probably close or continue in illegal fashion. There are also numerous other private delivery carriers more then happy to step in as well.

Business to business sales from distributors are barely effected at all. If High Tide perceived a problem they would never have closed the Smoke Cartel acquisition or at least tried to re-negotiate price. Raj was aware of the change quite some time ago and that the intent of the change was never to stop vaporizer hardware sales but to stop teen-age nicotine vaping.