High Tide Inc. (HITI): A Bull Case Theory

We came across a bullish thesis on High Tide Inc. (HITI) on an X/Twitter thread by M. V. Cunha. In this article, we will summarize the bull's thesis on HITI. High Tide Inc.'s share was trading at $2.49 as of Oct 17^th. HITI’s forward P/E was 38.17 times, according to Yahoo Finance.

[caption id="attachment_1235626" align="aligncenter" width="768"] A close-up shot of a cannabis leaf on a cannabis cultivation farm.[/caption]

High Tide (NASDAQ:HITI) has emerged as a standout in the cannabis industry. It started from a business focused on selling consumption accessories. The company's...