Our brand new cannabis play ready for an oversold bounce
Published: Mon, 05/13/19
![]() Subscribers, Pot is hot folks, and tomorrow's trade idea could be ready to unleash the mother of all bounces. It's sold off big from lofty highs just a few months ago, and with the market's deep in the red after the US-China trade deal negotiations failed, the baby got thrown out with the bathwater as they say. Get High Tide, Inc (HITIF) (CN:HITI) on your screen immediately. HITIF was trading at almost $0.48 back in February. Today it closed at $0.2723. That's once heck of a discount it can be picked up at. And today's news has put the wheels in motion. The Company announced it will present at the 3rd Annual Canaccord Genuity Cannabis Conference on Tuesday, May 14, 2019 at 10:00 AM Eastern Standard Time at the Grand Hyatt Hotel in New York, New York . The Company will be making hard copies of the presentation available to conference attendees, while also posting an electronic version of the presentation to its website at www.hightideinc.com/invest. The Canaccord Genuity Cannabis Conference is a one-day event that will feature company presentations and one-on-one meetings with senior management teams representing every facet of the global cannabis industry, including U.S. multi-state operators, Canadian licensed producers, technology providers, brand owners and hemp producers from across North America , Europe , Australia and South America . Attendees interested in arranging a one-to-one meeting at the conference should contact their Canaccord Genuity representative. High Tide currently has 13 Canna Cabana retail locations licensed in Alberta and continues to advance its next 23 locations, which are under various stages of
development and construction. In Ontario , two Canna Cabana-branded retail cannabis locations in Hamilton and Sudbury were opened on April 20th and both are performing strongly in each market, with the next branded retail cannabis location in downtown Toronto expected to open on or before June 1, 2019 . In Saskatchewan , the Company is progressing through the last steps to complete two pending retail cannabis acquisitions. Lastly, across Alberta , British Columbia and Nova Scotia the Company has
13 Smoker's Corner accessories shops, of which five are corporately owned and eight are franchises. About HITIF... High Tide, Inc (HITIF) is an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products. Representing the core of High Tide's business, RGR Canada Inc. is a high-quality and innovative designer, manufacturer and
distributor of cannabis accessories. Our Conclusion... We think HITIF could make one heck of a bounce play. With recent highs of over $0.47 just a couple months ago, there is plenty of upside to be had - especially with the recent news the Company has released. I'll be back later with some more insight, but for now, get HITIF on your screen now and do your research. All the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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