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

We came across a bullish thesis on High Tide Inc. (HITI) on Substack by Ray Myers. In this article, we will summarize the bulls’ thesis on HITI. High Tide Inc. (HITI)'s share was trading at $2.08 as of March 26^th. HITI’s trailing P/E was 72.46 according to Yahoo Finance.

[caption id="attachment_1231700" align="aligncenter" width="768"] A close-up of a package of cannabis accessories, displayed on a brightly-lit retail shelf.[/caption]

High Tide has solidified its position as a dominant force in Canada’s legal cannabis retail market by strategically focusing on retail...