Q: HITI reported 1st quarter revenue larger than it's market cap, and it's improving profitability with what appears to be a scalable retail model. They seem to have a membership-based business model in place that will bleed out the excess competition. Thoughts on buying a small position for a 1-2 year hold?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Could you give me your opinion on the 2 stocks mentioned above. If picking one of the two, which would you prefer?
Thanks.
Thanks.
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Alimentation Couche-Tard Inc. (ATD $69.61)
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High Tide Inc. (HITI)
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Fire & Flower Holdings Corp. (FAF $0.29)
Q: I could use some help with thinking about pot retail opportunities. ATD has bought into FAF, but aside from licensing issues in certain jurisdictions, I don’t see the long term benefit for ATD. I mean why do they need FAF at all? Or is this a testing the waters kind of move for ATD? Do you think adding cannabis to ATD’s corner store offerings has the potential to bump up revenue in a meaningful way? And on the other side, are there any players in the cannabis retail space that look promising? What do they really have to offer that a larger company like ATD could not replicate in a heartbeat? Thanks, and please deduct credits at your discretion.
Q: Any comments on this one?