High Tide to Acquire Fastendr™ Retail Kiosk and Smart Locker Technology Through Acquisition of Bud Room Inc.
High Tide Inc. - Common Shares (HITI)
Company Research
Source: Business Wire
Fastendr™ is a unique and fully automated technology that integrates retail kiosks and smart lockers to facilitate a better buying experience through browsing, ordering and pickup.The Fastendr™ technology offers faster transaction times, increased average basket size, lower overhead and labor costs, and provides a seamless end to end customer experience.High Tide through this acquisition gains ownership of the Fastendr™ technology which will improve the Company’s competitive advantage in bricks-and mortar cannabis retail.A pilot conducted at Bud Room’s Ottawa location found that over 60% of customers preferred to use the Fastendr™ kiosks and spent over 20% more when doing so.All existing and future Canna Cabana locations will be equipped with this customized and innovative kiosk and smart locker technology as it delivers a faster customer experience in busier retail locations while also enabling the efficient operation of smaller footprint stores.High Tide intends to license this tech
Show less
Read more
Impact Snapshot
Event Time:
HITI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HITI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HITI alerts
High impacting High Tide Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
HITI
News
- High Tide Inc. (HITI) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- High Tide Reports Approximately $2 Million in Retail Sales on '4/20'PR Newswire
- High Tide Inc. (HITI) Declines More Than Market: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- High Tide (HITI) Forms 'Hammer Chart Pattern': Time for Bottom Fishing? [Yahoo! Finance]Yahoo! Finance
- How to Find Cheap Stocks Under $10 to Buy Now [Yahoo! Finance]Yahoo! Finance
HITI
Analyst Actions
- 3/18/24 - TheStreet
HITI
Sec Filings
- 4/23/24 - Form 6-K
- 4/15/24 - Form 6-K
- 4/12/24 - Form 6-K
- HITI's page on the SEC website