Shares of High Tide Inc. (OTCMKTS:HITIF – Get Free Report) rose 0.7% on Thursday. The stock traded as high as $2.72 and last traded at $2.69. 286,922 shares were traded during trading, a decline of 95% from the average daily volume of 5,944,036 shares. The stock had previously closed at $2.67.
High Tide Trading Down 3.0%
The company’s fifty day simple moving average is $2.62 and its 200-day simple moving average is $2.42.
High Tide Company Profile
High Tide Inc is a Canadian cannabis company focused primarily on adult-use cannabis retail and related consumer products. The company operates cannabis stores under the Canna Cabana brand, offering cannabis flower, pre-rolls, vapes, edibles, beverages and other products where permitted by law. Its retail operations are supported by the Cabana Club loyalty program and the Fastendr retail technology platform.
High Tide also operates cannabis-related e-commerce and accessory businesses, including Grasscity, an online retailer of smoking accessories, and Famous Brandz, a cannabis lifestyle and accessories brand.
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