HITI

FoodCooker62

Combined Tilray and Canopy are worth $1B. Operating cash flow: -124,4M $  VFF + Auxly + HITI are worth just over $700m. Operating cash flow: 94,4M $ Casual 200 milion profitability delta. Joke ass meme shithole sector

Maximum-Tone164

HITI is always a consistent bet

BroChochOooo

People sleeping on HITI.

SuzyCreamcheezies

You have to mention something about HITI before they'd even *think* about replying. Lol.

BroChochOooo

What’s up with HITI

the_mammynun

Yeah I meant relative to their valuation, which is primarily cash. I might be a shareholder one day but I'm not interested in the cultivation business, there's too much room for disruption in Canada and the US from globalization of the supply chain and interstate commerce.  However if they found a way to grow the Spinach, Lord Jones brands internationally without cultivating all the product themselves, and acquired high quality US brands like Wyld supplementally .. that would get my attention.  At the moment HITI is the only investment I like in the space.  I guess CRON agrees because despite passing up so many M&A opportunities they still offered HITI $30m of convertible debt. 

SwordfishOk504

I[m not a SNDL shareholder. I'm just someone who can actually read. You do yourself and your investment a disservice when you fight against your own baseless assumptions instead of accepting actual due diligence. In your mind this is some kind of "SNDL vs HITI" conversation but that's all in your mind. I'm looking at this objectively, you're just as biased as the SNDL folks.

martyd94

Got more HITI today..... GTII closed 4 cents too high for my limit order. 🙃

the_mammynun

I'm fully aware of the numbers. It's not a race and that's not Raj's style. HITI takes a disciplined approach to store site selection and funds organic store growth with free cash flow. No need for dilution.  When Trulieve deconsolidated their Arizona, PN rec assets, HITI did not announce that they were now the world leader in retail, even though it was technically true. I think ZG is jumping the gun especially because of the AGCO investigation would risk that title, giving it back to HITI. At any moment, Nasdaq could allow trulieve to reconsolidate, giving the title back to them. A major merger could also happen, sending any of these companies far from the #1 spot. Raj mentioned during the AMA that any new M&A in Canadian retail will likely resemble the recent deal, small 4-store acquisition in differentiated markets at around 4.5x EBITDA valuations. These deals are now typically funded via a 33/33/33 split of dilution, FCF, and debt. I'll be tuning into the SNDL earnings call today. Very curious to hear ZG comment on the AGCO investigation for the first time vocally.

Love2Garden860

Guilty as charged, though let's be fair, when one of your key equity bets is showing record numbers while the rest of the sector is bleeding out, you take your wins where you can get it. HITI's success *was* good for SNDL's balance sheet at the time. No shame in highlighting a win. Let’s not forget that SNDL is structured as an investment company, not just the largest cannabis & liquor retailer in Canada. 🤷🏼

the_mammynun

You're also the guy that shared HITIs record financials on r/weedstocks  framed as a SNDL win because they own 5% of HITI. 

No_Love_Gained

Very likely and am waiting as well. RYM, TSND and CL will be my plays. I've already bought into HITI and OGI the last couple of weeks.

Maximum-Tone164

For long term. HITI. It is the most consistent of the bunch.

Grace_Lannister

A mention here and there but HITI

ektara61

Then how come HITI is going down?

the_mammynun

Buy HITI

Kbarbs4421

Yeah, I also get that vibe. Sundial drew forst.blood by fucking with HITI's stock.(right?). This may be a bit of regulatory tit for that tat?

SwordfishOk504

imo this is about SNDL and HITI fighting.

Maximum-Tone164

HITI is the only weed play. It's consist. Managed well. Is not dependent on rescheduling, but can only benefit from it.

SuzyCreamcheezies

Counterpoint: You are making shit up. The only tantrums around Tilray are from people who do not even invest in the company. Any attempt at discussion is met with derision. This sub has devolved into a Green Thumb, Trulieve and Cresco circlejerk.. with a light glazing of VFF, Auxly and HITI for good measure. Two of those with a higher share dilution than Tilray. But yeah, toooooootal meme stock. Look at that stock price fly! 🤡

Unlucky-Reporter-709

Why is this subreddit obsessed with trashing Tilray for dilution? 1: ACB total diluted shares- 7.43 billion (!!!) 2: CGC total diluted shares- 4.14 billion 3: SNDL total diluted shares-2.5 billion 4: HITI total diluted shares-1.32 billion **5: TLRY total diluted shares- 1.05 billion** 6: OGI total diluted shares- 563 million 7: CRON total diluted shares-375 million I am the first one to criticize Tilray, but my god the obsession with that company on this subreddit when the vast majority of cannabis companies are disasters and many are more or just as dilutive is just so obnoxious and stupid. And don't kid yourself, if MSOs had the same access to the larger market they would be digging into equity as well. It's free money as far as these companies are concerned, and when things open up more in the USA like in Canada, the competition will become extremely aggressive and the need for funds to grow and keep up will be vast. There isn't some inherent dilutive gene trait in all of the Canadian companies that US companies don't have.

Beautiful_Goal5107

HITI

the_mammynun

Well you're wrong but HITI. I'm actually up 40% but I've been holding for 4 years.

SwordfishOk504

Their sentiment shows one of the fundamental problem with this new gen of memstock investors. They don't really understand valuation, just vibes. HITI has some interesting promise, but in the short term the stock isn't going to do much because they have pretty much hit market saturation in Canada retail and the Remexian thing is too new to really know how that will play out long term. And they have lost close to $100 million in the last three fiscal years.

Cool_Ad_5101

HITI Is interesting but they are a low margin high volume play. If they can figure out how to be a higher margin and high volume play I would be more interested. Definitely on the radar though 

BroChochOooo

Lol. there is a serious problem when HITI kills it. And tank everyday. Wow

lifetwoshort

Started to buy HITI.

CallShot7029

Oof. I bought into HITI at like 8 or something. Got out around 4. Put the money in Tilray. Cry every day.

No_Love_Gained

HITI is a victim of its own success but I am sure it'll fly one of these days soon. Looking at the charts looks we are in the process of breaking away from channel and that'll see us achieve 5 cad (if we follow the same path as the last run up). Glta

Gambit2112

this garbage sector is dragging down my precious $HITI

No_Love_Gained

HITI's price manipulation on ER days is unbelievable and plays out like clockwork everytime. Looking at the charts it's right in the channel and setup for another leg up (like Aug-Sep) last year.

the_mammynun

HITI started premarket up 40% this morning. Too bad it didn't hold but at least it's a solid entry for anyone new. Between aftermarket and today's premarket, 8m+ shares have traded. That's over 20x the daily average.

rpez89

Where are my HITI brothers and sisters at, been waiting on this moment for time 🙏

Visual-Try-8081

HITI

Visual-Try-8081

I am not selling my HITI shares until they are worth 10.

redditusertomorrow

$HITI

SilentExtinction

I mean those are some pretty solid numbers. Watch HITI open at -10% tomorrow lol.

Narradisall

Assuming HITI earnings were good given the AH pump. Really should stop putting things on my watchlist and then watching them pump

the_mammynun

HITI secured their $40m credit facility with BMO this morning and acquired 4 new stores. PRs available on r/HighTideInc

the_mammynun

I'm talking about HITI earnings. You responded to my comment about HITI.

the_mammynun

Interesting, HITI also reporting after market.

the_mammynun

To be clear, HITI has 92 stores in Alberta, most of which are in the greater Calgary area. This is just the latest one. 

the_mammynun

For what they promised to be 10 years ago, you're right that's a massive let down. However its not surprising because being a mid-cost LP is pretty much the worst game in town right now. MSOs will also have their lunch eaten but in time. Right now they are protected by state licensed programs, so they don't have to play in a free market like Aurora.  Instead focus on companies with differentiated models that can survive commoditization and a free market. Only HITI comes to mind as being a pure play retailer means their (lower) margins are protected. They manage their expectations because margins were never 50%+ like with MSOS during the current Golden age. They learn how to survive now and thrive later. HITI also has a European import subsidiary. Global logistics will always be important regardless of pricing. Again, margins are protected.

the_mammynun

Since Trulieve deconsolidated 34 rec stores to list on the NYSE, they have dropped from 240 stores to 206. This means HITI is officially the largest cannabis retail worldwide at 224 stores.

the_mammynun

Why don't you scroll through Trulieve or Green Thumb's press release history? They always announce new store openings and nobody complains. People only complain when it's HITI. 

martyd94

Been buying this in my RRSP the past couple weeks. Got a good feeling long term about HITI.

the_mammynun

I mean HITI has been on the NASDAQ for 5 years and never has volume.

Visual-Try-8081

Day traders will day trade. Nothing new in cannaland. Long GTI, HITI, MSOS, TLRY, and recently on the lows VFF (from bigger to smaller position)

Narradisall

Dunno why I bought some HITI going into earnings. That stock never moves.

the_mammynun

Yeah I agree with this, except that idea that US companies will take over the global markets once they mature. In my opinion, everyone will have a fair shot. The US doesn't bring anything special to the table in terms of the global marketplace. If there is consolidation it's more likely to come from global alcohol or tobacco conglomerates than an MSO. Differentiated companies like HITI will probably be acquired and grow ops will shift to places like south America. If you aren't a pure play retailer, global logistics specialist, or CPG company there probably isn't much room for you in the future of the industry. Arguably retail will matter the least since that is also quite susceptible to change and policy variation on a state to state and country to country level. 

the_mammynun

Anyways, I really don't care for companies with grow ops which is 99% of the industry. That's the part which will suffer long term. That's why I only invest in HITI, and would eventually invest in brand/CPG exclusive focussed companies who source their product from partner growers.

jonnyohman1

Tbf HITI wasn’t nasdaq listed until 2021ish

the_mammynun

That headline lol... As if LPs and HITI have not been NYSE and NASDAQ listed for the better part of 10 years.

the_mammynun

People were all over the place with opinions. I definitely didn't expect it this fast, but I always maintained that it was ultimately the decision of NYSE/Nasdaq. Raj from HITI mentioned that Nasdaq permission was the only thing they were missing from opening doors in the US.

Russticale

Thanks Mate, that's gotta be the most exciting news. Plus the reverse splits, in anticipation of uplist. Man is it tempting to buy in 100% right now. I loaded like 35% long this week with my capital, wish I took it to 50% yesterday. Was buying PLNH, VFF, and trying to wait for MRMD under .08. This morning, my fomo chase entries are HITI, CRON, CGC, and ACB. Saving cash for the OTC American names I need to square up positions on.

the_mammynun

Dump weed and tlry and add to your HITI position.

No_Love_Gained

Just surprised to see HITI, CGC and Tlry all in the same portfolio.

Cool_Ad_5101

HITI will probably be fine if you don’t need the money. The other two keep reverse splitting so I am not confident 

akaChadThundercock

I'm confident you'll be fine on HITI, but I wouldn't say the same about the others.

Alarming_Pension_213

$HITI >

Dadraik

ok, I'm following you - I bought 4 contracts, only becuase I'm limited in available capital - here's what I see, my position, and my exit strat # THE PLAY AT A GLANCE [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#the-play-at-a-glance) ||| |:-|:-| |**Ticker**|HITI| |**Option**|$2.50C Jul17 (call, strike $2.50, expires July 17, 2026)| |**Cost per contract**|$0.25 (bid $0.20 / ask $0.25, verified live June 1)| |**Contracts**|4| |**Total at risk**|$100.16 (including $0.04 regulatory fee)| |**Break-even**|$2.75 (requires +13.2% from $2.43)| |**Expected value**|\+EV -- see model below| |**Probability of profit**|\~42% (model base case)| |**Catalyst date**|June 15, 2026 -- Q2 FY2026 earnings| |**Conviction**|3.5/5| |**Verdict**|ENTERING -- limit order placed after-hours June 1, fills at open June 2| # THE NUMBERS [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#the-numbers) Note: Revenue and income figures are in Canadian dollars (CAD). Divide by \~1.37 for approximate USD. |Metric|Value| |:-|:-| |Current price|$2.43 USD| |52-week range|$2.10 -- $4.055| |Position in range|20% -- near lows| |Market cap|$216.79M USD| |Revenue TTM|$629.85M CAD (+17.4% YoY)| |Operating income TTM|\+$17.33M CAD (positive)| |Free cash flow TTM|\+$18.28M CAD (positive)| |EBITDA TTM|\+$43.82M CAD (6.96% margin)| |Net income TTM|\-$34.45M CAD (non-cash driven)| |Forward PE|41.04 (implies \~$0.06 EPS inflection)| |Beta|1.07| |Shares outstanding|87.9M (+7.4% YoY -- slow dilution)| |Analyst rating|Strong Buy| |Analyst coverage|6 analysts| |Analyst consensus target|$5.67 (+131% from $2.43)| |Earnings date|June 15, 2026 (Q2 FY2026)| |Fiscal year end|October 31| Why the GAAP losses are misleading: The company is a roll-up -- they have grown by acquiring cannabis retail licenses, e-commerce brands, and distribution platforms. Each acquisition creates amortizable intangible assets (brand value, customer lists, licenses). That amortization hits the income statement as a non-cash expense each year. The cash the business actually generates -- as measured by FCF -- has been positive for three consecutive years. # THE CHAIN [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#the-chain) Three strikes available on Robinhood: |Strike|Ask|Bid|Spread|At Risk (1 contract)|Break-even|Needs| |:-|:-|:-|:-|:-|:-|:-| |$7.50C|$0.05|\~$0|Dead|$5|$7.55|\+211%| |$5.00C|$0.10|\~$0|Dead|$10|$5.10|\+110%| |$2.50C|$0.25|$0.20|$0.05 (20%)|$25|$2.75|\+13.2%| The $5C and $7.50C have no real market -- ask prices of $0.05-$0.10 with zero bid. Not usable. The $2.50C is the only viable instrument. The 20% spread ($0.05) is wide but acceptable at this price level -- maximum friction of $5/contract on entry vs. exit. **Position: 4 contracts at $0.25 = $100.16 at risk.** # UPSIDE SCENARIOS [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#upside-scenarios) 4 contracts at $0.25 = $100 total at risk. |HITI price at Jul 17|Option value per contract|4-contract return|Return %| |:-|:-|:-|:-| |$2.75 (break-even)|$0.25|$0|0%| |$3.50|$1.00|\+$300|\+300%| |$4.00|$1.50|\+$500|\+500%| |$5.00|$2.50|\+$900|\+900%| |$5.67 (consensus)|$3.17|\+$1,168|\+1,168%| Expected value model: |Scenario|Prob|HITI price|Option value|EV contribution (4 contracts)| |:-|:-|:-|:-|:-| |Strong Q2 beat, FCF acceleration|15%|$4.50-5.67|$2.00-3.17 avg|\+$3.15| |Solid beat, guidance maintained|25%|$3.00-4.50|$0.50-2.00 avg|\+$1.25| |In-line quarter, no catalyst|30%|$2.43-3.00|$0-0.50 avg|\-$0.75| |Miss or guidance cut|20%|$2.10-2.43|$0|\-$1.00| |Significant deterioration|10%|Below $2.10|$0|\-$1.00| EV per contract = +$0.47 on $0.25 invested = approximately +188% expected return Note: This EV model assumes the thesis is correct that GAAP losses are non-cash and the business is genuinely improving. If operating leverage does not show on June 15, the in-line and miss scenarios become more likely. # BEAR CASE [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#bear-case) What kills this trade: 1. Revenue growth decelerates. The 17% TTM growth slows materially -- new store openings flatten, same-store sales disappoint. Cannabis retail is still commoditizing in Canada. 2. FCF turns negative. If operating expenses increase faster than gross profit, the cash story that justifies the position breaks. 3. Sector news. Any negative regulatory development in Canadian cannabis -- pricing pressure, taxation changes, license freezes -- would hit the whole sector including HITI. 4. No catalyst. Management reports an in-line quarter with no evidence of the earnings inflection analysts are projecting. Stock stays flat or dips. Option expires worthless. If things go wrong: stock falls toward $2.10. Option expires worthless. # EXIT RULES [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#exit-rules) * If HITI stock hits $4.50 before June 15: Sell 3 contracts (recover \~$600+), let 1 ride through earnings as a free carry. * On June 15 earnings (before open June 16): Sell all remaining contracts at open June 16 regardless of outcome.

WilliamBlack97AI

Maybe a little of spce and High tide inc When I share 1W HMA charts, that have bullish crossovers coming up, you better pay attention. $HITI All it takes is one more push towards $2.45 and have support built there. If $HITI manages to do that, the 1W HMA will soon turn green and from there it could produce another September 2025 squeeze. Earnings this month! Also My largest position by far is $HITI , one of the most underfollowed names I've ever seen. Vey undervalued right now based on its current fundamentals

WilliamBlack97AI

Look $HITI nasdaq. Earnings next month

CompletelyLost3

HITI

AlternativePlastic89

I'm with you. HITI is a coiled spring getting tighter every quarter. Earnings 6/15. A second consecutive beat to the upside could get this one going.

Den923

Big week in UK for cannabis. Could HITI make some acquisition - partnerships announcement for medical cannabis partnerships? I think so.. [https://cannabis-europa.com/events/cannabis-europa-london-2026/](https://cannabis-europa.com/events/cannabis-europa-london-2026/)

the_mammynun

One other thing. HITI is developing their own cannabis brands as well like Queen of Bud, by sourcing product from partner growers. By owning 220+ retail stores across Canada they are in a great position to grow and market their own brands. Consider how powerful your local grocery stores are compared. In-house food brands have become the cheapest options available and retailers have massive amounts of data to shape decisions around their products. Think of CostCo and Kirkland. In France we have Carrefour, and 50%+ of the products sold at their stores are Carrefour branded products. Retailers have all the power long term.

SuzyCreamcheezies

You should know by now that foodcooker only engages when you say nice things about VFF, HITI or Auxly. But don't bring up Auxly's \~1.5B share count.

WilliamBlack97AI

$HITI , no doubt . Earnings next month https://preview.redd.it/yfzpqc1k9a2h1.jpeg?width=1024&format=pjpg&auto=webp&s=76b8d5aa51abd4adc0229765db82d0902de3c293

Fluffy-Pineapple-143

HITI - Canadian canabis retailer is the storefront. Backend is wholesale medical cannabis to Germany (Remexian), and re-rateability comes from US medical cannabis through NuLeaf.

the_mammynun

Agreed, however as HITI is not an LP they don't pay excise taxes. The LP and/or end-consumer pays. If things pan out in Germany (and throughout Europe), it will not only be a major growth driver but a solid diversification strategy. Currently one of HITIs biggest risks/threats is if retail opens up to grocery or convenience stores. Unlikely, but still an existential threat that needs to be acknowledged. The medical distribution business abroad gives us a significant safety net to fall back on.

Cool_Ad_5101

I like that HITI entered Germany. The Canadian excise tax really sucks 

Visual-Try-8081

Isn't GTBIF profitable? Or HITI? I don't buy the “not profitable” argument. GTBIF has a $300 million cash war chest and very little debt. How did they achieve that if they’re not profitable? There are companies in the market that lose money or generate only a small fraction of that revenue, yet still have insane valuations. GTBIF is trading at only a 1.3x valuation. This isn’t about profitability. This is about OTC, MSOS ETF, short selling, options, and manipulation. I’ll patiently wait for Schedule III and uplisting. After that, we’ll see how it works out. For now, I’m just holding the stocks and obviously not buying options.

the_mammynun

HITI not near all time lows, but could be doing better.

benderok37

Yet, all Canadian companies near at all time lows.  HITI, OG, SNDL, ACB, TLRY, CGC. 

the_mammynun

Seems like it. However I'm just not sure how scalable their model is due to their focus on microgrows. Again, being a distribution platform competing with the likes of HITI is not an enviable position. Not sure what to make of it as an investment today. Shockingly, even at their current $7.5m valuation, they actually have a higher P/S ratio than HITI today. 0.6x vs. 0.4x. considering all of HITIs scale and history, why pay a higher multiple for less experienced and niche competitor who is also diluting at such a rapid rate?

the_mammynun

Everyone is building momentum in Europe right now. I do like Herb's model, basically unionizing the supply chain of microgrows and selling it to veterans online + now abroad. Lots of competition though. HITI has 60x their revenue and is also trying to consolidate the Canadian export market. I'm not sure if HERB's niche is big enough to matter to HITI, but maybe they will be an acquisition target down the line, once they prove the concept abroad.

ExplanationNormal339

Eyes on [$HITI](https://aimytrade.io/ticker/hiti?utm_source=reddit&utm_medium=comment&utm_campaign=RobinHoodPennyStocks&utm_term=HITI&utm_content=template_1778853610213_vph0sd) today

WilliamBlack97AI

$HITI NASDAQ long term [https://x.com/i/status/2050686842584920340](https://x.com/i/status/2050686842584920340) https://preview.redd.it/tvdm6d6ty30h1.jpeg?width=1024&format=pjpg&auto=webp&s=d8671e8dd305f05f2dfc0069402e0d7324069a55

WilliamBlack97AI

$HITI NASDAQ long term [https://x.com/i/status/2050686842584920340](https://x.com/i/status/2050686842584920340)

the_mammynun

It will only affect telemedicine platforms, since HITI, Aurora etc do not advertise individual products to consumers. One day when there is a rec system in place the rules might be different but this is in regards to medical.

akaChadThundercock

Its an advantage of scale. It sucks for the mom and pops in the space, but its a revenue source that only really matters once you have enough total customers to build up enough data that the LPs can use. With that added revenue stream, you can run just fine at slightly lower margins on product that others can't compete with. It's a big reason why I'm so bullish and balls deep on HITI lol

the_mammynun

You guys need to get over yourselves. This user posted a press release about a cannabis company that is frankly dominating in Canada and in Germany. That's what this sub is for. Not sure why investors always get accused of pumping HITI when I've seen way worse for TLRY, GTII, TRUL, CURA, etc.. this is a top company and it should be on your radar.

FoodCooker62

Ive seen this news and commentary that its a validation of HITI strategy and remexian. Its a relatively positive sign but I wonder if this is not just (or mostly) the delayed Portugal shipments seeping into their sales. That would mean ageing biomass slowly devaluing to 0.  If thats the case i would think its at substantially lower margins than they would like to see.

CompletelyLost3

HITI is doing a lot of things right. It has made mistakes, made some poor purchases and diluted sometimes questionably… but it continues to expand, revenue growth is impressive. Analysts all agree it is undervalued. If remexian performs and if it continues to build market share in Canada we are going to see the share price approach $10 or surpass it.

zapbundles

I’m a large $HITI shareholder. Genuinely asking given my position, Is it illegal to sell shelf space? Why do you think it isn’t sustainable?

akaChadThundercock

A buyout is definitely possible!  I doubt SNDL will be able to, they don't have enough cash for a buyout with the poison pill that HITI approved within the last year. But someone definitely could.

grimeyGR1

There are classes of licensed producers (cultivation, processing, medical etc.). You can not cultivate and still be an LP, which is what HITI is, a licensed producer that does processing.

LandStander420

I own HITI, I own almost everything, it’s just a matter of, how much

No_Cell6708

HITI sells weed at a loss and makes its money illegally selling shelf space and selling its customers information to data aggregators. It isn't sustainable

akaChadThundercock

Let's go with Dutch Bros instead of Starbucks then. BROS has similar margins to HITI and is very much not built to be a 3rd space. They trade at over 4x p/s as a retailer. I get it's apples to oranges no matter where we compare, but there's are plenty of retailers trading at much higher multiples than HITI. I get your comparison to tobacco, but there's a ton of differences there too. Tobacco products are sold in gas stations and convenience stores, something that's a long time away for weed. So weed is more like liquor in that regard. There are no small scale tobacco farmers in the developed world as far as I'm aware(could be wrong). The money is in the cpg, and farming the commodity works because of the scale. Eventually there will be consolidation and an Altria of weed will appear, but I don't see that happening before a retailer dominates the space.

the_mammynun

No one is talking about LPs. HITI is not an LP.

GeoLogic23

How many indoor grows do you think HITI operates?

the_mammynun

Glad to offer a new perspective. Consider HITI for low cost exposure to Canadian retail and cannabis exports to Europe. You've doubled up on the US market which I don't think is necessary. Personally I would swap TLRY before GTII but I understand if you want exposure to a meme stock. Last rally TLRY went up 300%. Apparently, fundamentals don't matter at all. 

the_mammynun

Trulieve should have stayed in Florida. Their numbers never recovered after the harvest acquisition. However I see promise there because of how efficiently they scale in their home state. I think they will convert successfully to rec when the time comes. For now I don't hold the stock. OP never mentioned investing in LPs. He mentioned HITI, which is a retailer and German importer that also markets its own white label brands. I hold the stock. I don't invest in LPs either. I dont see any long term upside to investing in growers, which is also why I don't like the MSO model as it stands today. I would be more interested in a pure play US retailer, or a pure play US CPG company. (Think Wyld/Grön)

the_mammynun

Skip GTII, they really aren't as well built as people think, despite profitability. Too many fragmented markets, too vulnerable for disruption. HITI and TRUL dominate their respective markets. 

_viixxx

Looking to put some cash in today - I work in the medical cannabis industry in Australia but this is my first time investing. I’m thinking 50% HITI, 25% GTII and 25% TRUL. Any advice much appreciated :)

akaChadThundercock

I think its the best explanation for why HITI has such little volume compared compared to its peers. HITI has more revenue in its retail operations than SNDL has in retail and grow ops combined, yet has a fraction of the volume. I try to avoid expecting anything. Expectations are just delayed disappointment lmao. But Q2 really depends on remexian and how much the bottleneck in Portugal has been resolved. If it's fully resolved? It'll be a crazy good Q. But I doubt its fully resolved so it'll probably be solid but not enough to drive the price up a significant amount 

akaChadThundercock

I think HITI really suffers from not falling into the same categories as others in the space. Its not an MSO or LP, so people interested in weed are less interested in a straight retailer. And people interested in healthy, growing retailers don't want to touch it because of weed. 🤷‍♂️

Ok-Technology-3023

I'm thrilled to see someone mentioning High Tide. $HITI makes up a little over 50% of my portfolio/retirement. I have purchased shares as low as $1.36 and will commit to holding it until it revisits it's former $14 highs or experiences a 200% gain in a month or less similar to what $VFF did several month ago. This stock is truly undervalued.