High Tide Inc. (OTCMKTS:HITID – Get Free Report)’s share price traded down 1.1% during mid-day trading on Friday. The stock traded as low as $2.64 and last traded at $2.66. Approximately 206,304 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 386,249 shares. The stock had previously closed at $2.69.
High Tide Stock Down 3.0%
The stock has a 50-day moving average of $2.61 and a 200 day moving average of $2.43.
High Tide Company Profile
High Tide Inc is a Canadian cannabis retail and consumer-products company headquartered in Calgary, Alberta. The company operates the Canna Cabana retail chain, which sells recreational cannabis products and consumption accessories through physical stores and online channels.
High Tide’s product offering includes dried cannabis, pre-rolls, edibles, beverages, concentrates, topicals and other cannabis-related products, along with accessories such as vaporizers and storage items. The company also operates digital and e-commerce platforms, including Grasscity, a retailer of cannabis consumption accessories, and provides customer loyalty and membership services through its Cabana Club program.
High Tide was founded in 2009 and has expanded its retail presence across Canada, including markets such as Alberta, Ontario, Saskatchewan, Manitoba and British Columbia.
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