High Tide (OTCMKTS:HITIF) Trading Up 1.6% – Here’s Why

High Tide Inc. (OTCMKTS:HITIFGet Free Report)’s share price traded up 1.6% during trading on Thursday . The stock traded as high as $2.6250 and last traded at $2.59. 481,286 shares were traded during trading, a decline of 92% from the average session volume of 5,944,036 shares. The stock had previously closed at $2.55.

High Tide Price Performance

The business has a 50-day simple moving average of $2.68 and a two-hundred day simple moving average of $2.92.

About High Tide

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High Tide Inc (OTCMKTS: HITIF) is a Canada-based retail-focused cannabis lifestyle company offering a broad range of cannabis accessories, vaping hardware and branded consumer products. Operating under a portfolio of well-known retail banners and e-commerce platforms, High Tide supplies smoking and vaping paraphernalia such as glassware, vaporizers, rolling papers, grinders and storage solutions. The company also develops proprietary consumer packaged goods for both regulated cannabis markets and ancillary segments.

Founded in 2014 by Raj Grover, High Tide initially concentrated on the fast-growing vaping sector before expanding into brick-and-mortar smoke shops and online retail.

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