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home / news releases / HITIF - High Tide: Strong Growth Suggests Undervaluation


HITIF - High Tide: Strong Growth Suggests Undervaluation

  • While the Canadian cannabis producer jumped 300% from its initial IPO price in November, I believe the company continues to trade at a discount.
  • The legal cannabis market is gigantic and growing quickly; High tide is simultaneously seeing strong revenue growth.
  • High Tide has a chance to multiply many times from current levels, considering valuations of peers and levels reached in 2018.
  • Various risks remain, including high competition, low liquidity, and slower than expected adaptation of cannabis.

For further details see:

High Tide: Strong Growth Suggests Undervaluation
Stock Information

Company Name: High Tide Inc.
Stock Symbol: HITIF
Market: OTC
Website: hightideinc.com

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