High Tide Senior Executive Available to Comment on Fourth Anniversary of Legalization

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HIGH TIDE is a company that is involved in the cannabis industry. The company’s Senior Executive is available for comment ahead of the fourth anniversary of legalization. The company has been involved in the industry since the early days of legalization and has seen the industry grow and change over the years. The company is one of the leading suppliers of cannabis products and services in Canada.

The company has a wide range of products including dried cannabis, oils, and accessories. The company is also involved in the production of cannabis products.

Stock Price

It has been four years since the legalization of cannabis in Canada, and the media coverage surrounding the industry is mostly neutral. On Monday, HIGH TIDE ($TSXV:HITI) stock opened at CA$2.0 and closed at CA$2.0, up by 2.1% from last closing price of 2.0. The company has seen steady growth since legalization, and its stock price has been relatively stable. HIGH TIDE is optimistic about the future of the cannabis industry, and its senior executives are available to discuss the company’s plans for the future.

VI Analysis

The company’s fundamentals reflect its long term potential, below analysis on HIGH TIDE are made simple by VI app. VI Star Chart shows that HIGH TIDE has a low health score of 3/10 with regard to its cashflows and debt, is less likely to safely ride out any crisis without the risk of bankruptcy. HIGH TIDE is strong in growth, medium in asset, profitability and weak in dividend. HIGH TIDE is classified as ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability.

What type of investors may interested in such company? Potential investors may be interested in HIGH TIDE as a high-growth company, but should be aware of the risks associated with its lower profitability and stability.

VI Peers

The Canadian cannabis industry is getting more competitive by the day. High Tide Inc, Nova Cannabis Inc, Kiaro Holdings Corp, and Fire & Flower Holdings Corp are all vying for a piece of the pie. All four companies are focused on expanding their operations and building their brands. High Tide Inc is a leading retailer of cannabis products and accessories in Canada. The company has a strong online presence and is expanding its brick-and-mortar locations. Nova Cannabis Inc is a vertically integrated cannabis company with operations in Canada and Australia. The company has a diverse product portfolio and is focused on innovation. Kiaro Holdings Corp is a Canadian cannabis company that operates retail stores across the country. The company is focused on providing high-quality products and customer service. Fire & Flower Holdings Corp is a Canadian cannabis retailer with operations in Alberta, Saskatchewan, and Ontario. The company is focused on providing a premium customer experience.

– Nova Cannabis Inc ($TSX:NOVC)

Nova Cannabis is a Canadian licensed producer of medical cannabis. The company is headquartered in Calgary, Alberta. As of March 2021, the company had a market capitalization of CAD 41.15 million. The company’s return on equity was -14.5% as of December 2020. Nova Cannabis produces and sells a variety of cannabis products including dried flower, pre-rolls, oils, and capsules. The company also operates a chain of retail stores under the banner “Nova Cannabis” in Alberta and Ontario.

– Kiaro Holdings Corp ($TSXV:KO)

Kiaro Holdings Corp is a publicly traded company with a market capitalization of 1.07 million as of 2022. The company has a return on equity of -117.62%. Kiaro Holdings Corp is engaged in the business of providing online marketing and advertising services. The company offers a range of services including search engine optimization, pay per click management, social media marketing, and web design and development.

– Fire & Flower Holdings Corp ($TSX:FAF)

Fire & Flower Holdings Corp is a leading retailer of cannabis in Canada. The company has a market cap of $94.23 million and a return on equity of -20.94%. The company operates a network of retail locations across the country and offers a wide range of cannabis products.

Summary

HIGH TIDE is a publicly traded company that owns, operates, and invests in cannabis retail businesses in Canada. HIGH TIDE is a vertically integrated company that also manufactures and distributes cannabis accessories and smoking products. Investing in HIGH TIDE offers exposure to the growing Canadian recreational cannabis market.

The company’s vertically integrated business model provides a diversified product offering, and its retail brands have a strong presence in the Canadian market. HIGH TIDE is well-positioned to capitalize on the continued growth of the Canadian recreational cannabis market.