Home Financial Markets Penny Stocks The performance of High Tide Inc (HITIF) is going berserk – and...

The performance of High Tide Inc (HITIF) is going berserk – and investors are becoming more confident

What Happened

High Tide Inc’s stock closed up 10.67 % on the session to $0.6760 on Thursday. Trading has been in a range of $0.6760 to $0.5385. In the last month, shares of HITIF rose over 123.40%; the average volume for the month was over 11.81M shares. HITIF stock gained more than 366.21% on a three-month basis, with an average volume of 4.49M.


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What they Do

The High Tide brand is a retailer of cannabis products that manufactures consumption accessories. As measured by revenue, the Company is Canada’s largest cannabis retailer, with more than 70 locations scattered across Ontario, Alberta, Manitoba, and Saskatchewan.

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How did that Happen

High Tide Inc. (OTCQB: HITIF) announced that it would release its quarter- and year-end financial and operational results on March 1, 2021, after the market close. High Tide will report its financial and operating results for the year ended October 31, 2020, on SEDAR and at its website, www.hightideinc.com/invest.

High Tide’s fourth quarter and full-year financial and operating results published on October 31, 2020, will be followed by a conference call hosted by Mr. Raj Grover, CEO, and Mr. Rahim Kanji, Controller. During the conference call, the Company’s fourth quarter and full-year results and its plans for 2021 will be discussed.

Joining INFO

US/CANADA Participant Toll-Free Dial-In Number: (833) 570-1148

US/CANADA Participant International Dial-In Number: (914) 987-7095

Conference ID: 7898014

All participants and speakers will need to provide the Conference ID listed above to join the conference call.

The Encore Replay will be available until March 9, 2020.

Toll-Free Encore Dial-In Number: (855) 859-2056

Encore Dial-In Number: (404) 537-3406

Conference ID: 7898014

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Finally,

There are many marijuana-related companies that investors can invest in. Despite that, investors still face good reason not to jump headfirst into most of them, even though there is currently a lot of hype.

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