High Tide Confirms Inclusion In Fourth Cannabis ETF Since Its NASDAQ Debut

Retail-focused cannabis company High Tide Inc. HITI HITI 2LYA reported Wednesday that its shares are now included in The Cannabis Growth ETF BUDX, as per the recently-disclosed listing of holdings available on its website.

"This is now the fourth cannabis ETF that has initiated a position in High Tide since we began trading on the Nasdaq just over four months ago,” Raj Grover, president and CO of High Tide stated. " Additionally, the number of equity research analysts covering High Tide has doubled from two to four over the same time period, with more likely on the way. All of this demonstrates that our growth strategy and the execution of our business plan are not going unnoticed, as we just surpassed 100 stores in Canada which are complemented by our unique online portfolio of businesses, including multiple e-commerce platforms in the ancillary cannabis space focused on the U.S. market"

More recent news from High Tide:

High Tide's Canna Cabana Milestone: Opens 100th Cannabis Dispensary, Big Plans For 2022

High Tide Q3 2021 Revenue Nearly Doubles, Reports Net Loss Ahead Of Debut In British Columbia

High Tide's Private Label Cannabis Partnership With Heritage And Loosh Brands, Heritage To Enter Missouri

Price Action

High Tide’s shares were trading 0.17% lower at $5.89 per share during Wednesday’s pre-market session.

Photo: Courtesy of High Tide