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A Canadian cannabis retail (not producer) growth star?
A Canadian cannabis retail (not producer) growth star?
And possible 3-6 bagger in a year?
#Weedstocks #Potstocks #Marijuanastocks #Cannabis #Marijuana
Today High Tide Completes Acquisition of Meta Growth
And Creates..
A Canadian cannabis retail (not producer) growth star?
A Canadian cannabis retail (not producer) growth star?
And possible 3-6 bagger in a year?
#Weedstocks #Potstocks #Marijuanastocks #Cannabis #Marijuana
Today High Tide Completes Acquisition of Meta Growth
And Creates..
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A Leading Canadian Cannabis Retailer with 65 Operating Retail Locations1 and $148 million in Annualized Revenue.
Both companies have already begun executing on post-closing integration initiatives,
A Leading Canadian Cannabis Retailer with 65 Operating Retail Locations1 and $148 million in Annualized Revenue.
Both companies have already begun executing on post-closing integration initiatives,
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which are expected to result in approximately 60% of the initially identified annual synergies being realized almost immediately.
High Tide to commence trading on the TSX Venture Exchange on November 19, 2020 under the same #HITI stock symbol
which are expected to result in approximately 60% of the initially identified annual synergies being realized almost immediately.
High Tide to commence trading on the TSX Venture Exchange on November 19, 2020 under the same #HITI stock symbol
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The combine entry will be larger than any peer in the space presently and be clear market leader in Canada cannabis retail sector witch is doing well and not under price pressure like the producers.
It will create the largest retail network of cannabis dispensaries...
The combine entry will be larger than any peer in the space presently and be clear market leader in Canada cannabis retail sector witch is doing well and not under price pressure like the producers.
It will create the largest retail network of cannabis dispensaries...
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in the country, with a combined 63 stores across Ontario, Alberta, Manitoba and Saskatchewan.
And the growth continues the company plans to double the current footprint to 115 locations by the end of 2021.
The Canadian recreational cannabis market size is expected....
in the country, with a combined 63 stores across Ontario, Alberta, Manitoba and Saskatchewan.
And the growth continues the company plans to double the current footprint to 115 locations by the end of 2021.
The Canadian recreational cannabis market size is expected....
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to rise to ~$9bn by 2025e, implying an impressive annual growth of +30% (CAGR) over the next five years
High Tides revenue for q3 2020 increased by 180% million form the same quarter last year
Gross profit q3 was up by 202% form last year with a gross profit margin around 40%
to rise to ~$9bn by 2025e, implying an impressive annual growth of +30% (CAGR) over the next five years
High Tides revenue for q3 2020 increased by 180% million form the same quarter last year
Gross profit q3 was up by 202% form last year with a gross profit margin around 40%
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And Positive adjusted EBITDA of $1.94 million first of its kind in Canada.
High tide also have a eCommerce kickers with the platforms Grasscity.com and CBDcity.com witch show substantial growth.
And High tide is also rapidly growing in United States...
And Positive adjusted EBITDA of $1.94 million first of its kind in Canada.
High tide also have a eCommerce kickers with the platforms Grasscity.com and CBDcity.com witch show substantial growth.
And High tide is also rapidly growing in United States...
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and it's international business.
Geographically for the three months ended July 31, 2020, revenue was earned 75% in Canada, 23% in the United States and 2% internationally.
The global legal marijuana market size is expected to reach USD 73.6 billion by 2027, according to...
and it's international business.
Geographically for the three months ended July 31, 2020, revenue was earned 75% in Canada, 23% in the United States and 2% internationally.
The global legal marijuana market size is expected to reach USD 73.6 billion by 2027, according to...
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A new report published by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.1% during the forecast period.
After the merger the joint company High tide inc would get a $148 million in annualized revenue and a market cap of just $78.7 million...
A new report published by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.1% during the forecast period.
After the merger the joint company High tide inc would get a $148 million in annualized revenue and a market cap of just $78.7 million...
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giving a p/s of low 0.52 witch is very attractive to peers.
Following the close of the transaction the company will apply to uplist from the CSE to the TSX Venture, up valuation with a bigger listing?
ATB Capital Markets analyst David Kideckel seems to think so....
giving a p/s of low 0.52 witch is very attractive to peers.
Following the close of the transaction the company will apply to uplist from the CSE to the TSX Venture, up valuation with a bigger listing?
ATB Capital Markets analyst David Kideckel seems to think so....
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They just launched coverage of High Tide with a “Speculative Buy” rating and $0.60 per share target price, which at press time represented a projected one-year return of 275 per cent.
And we got some skin in the game to Insiders own over 30 procent and....
They just launched coverage of High Tide with a “Speculative Buy” rating and $0.60 per share target price, which at press time represented a projected one-year return of 275 per cent.
And we got some skin in the game to Insiders own over 30 procent and....
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and in my opinion we have a very talented CEO in Raj Grover with over 11 years of experience and success in the business.
And the Sector might get some tailwind after the lelction.
Joe Biden and running mate Senator Kamala Harris does support adult-use of marijuana...
and in my opinion we have a very talented CEO in Raj Grover with over 11 years of experience and success in the business.
And the Sector might get some tailwind after the lelction.
Joe Biden and running mate Senator Kamala Harris does support adult-use of marijuana...
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And decriminalization, moderate rescheduling, federal medicinal legalization, allowing states to set their own laws and expunging prior cannabis convictions — though not federal legalization.
And Montana, Arizona, New Jersey and South Dakota is set to approve marijuana..
And decriminalization, moderate rescheduling, federal medicinal legalization, allowing states to set their own laws and expunging prior cannabis convictions — though not federal legalization.
And Montana, Arizona, New Jersey and South Dakota is set to approve marijuana..
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ballot measures.
This is not a recommendation
of any sort and as always do your own due diligence.
Feel free to retweet
/No one
(I own stock in high tide inc)
more reading:
ceo.ca/@newswire/high…
cantechletter.com/2020/10/high-t…
ca.linkedin.com/in/raj-grover-…
google.com/amp/s/amp.redd…
ballot measures.
This is not a recommendation
of any sort and as always do your own due diligence.
Feel free to retweet
/No one
(I own stock in high tide inc)
more reading:
ceo.ca/@newswire/high…
cantechletter.com/2020/10/high-t…
ca.linkedin.com/in/raj-grover-…
google.com/amp/s/amp.redd…
$HITIF $HITI $META
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