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Stock impact report

High Tide: Why The Market Is Wrong After Q4 [Seeking Alpha]

High Tide Inc. - Common Shares (HITI) 
Company Research Source: Seeking Alpha
The core Canadian Canna Cabana business continues to thrive, creating great long-term earnings potential. The European cannabis wholesale business was weak in Q4 due to transitory disruption in Portugal. Remexian's performance should recover. The ecommerce segment has continued to weaken High Tide's earnings, but speculative CBD potential after Trump's marijuana rescheduling could aid the U.S. performance. I estimate HITI stock to have 103% upside to $4.67. JHVEPhoto/iStock Editorial via Getty Images High Tide Inc. HITI ) reported record fiscal Q4 results for the August-October period. The company's primary Canadian cannabis retail business continues to thrive, resulting in record revenue and EBITDA for the quarter. Other businesses reported more This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of HITI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own op Show less Read more
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