High Tide (OTCMKTS:HITID) Trading 3.5% Higher – Still a Buy?

High Tide Inc. (OTCMKTS:HITID) traded up 3.5% during mid-day trading on Thursday . The company traded as high as $2.38 and last traded at $2.35. 389,506 shares traded hands during trading, an increase of 1% from the average session volume of 386,249 shares. The stock had previously closed at $2.27.

High Tide Price Performance

The business’s fifty day simple moving average is $2.60 and its two-hundred day simple moving average is $2.91.

About High Tide

High Tide Inc (OTCMKTS:HITID) is a Canada-based vertically integrated specialty retailer and distributor of cannabis and smoking accessories. The company operates a network of retail cannabis dispensaries under the Canna Cabana and Bud Bar brands, alongside smoke shops branded as Smoker’s Corner. Through its wholesale distribution arm, High Tide supplies a broad portfolio of glassware, vaporizers, and other lifestyle products to retailers across Canada and the United States. In addition, the company markets its offerings directly to consumers via its e-commerce platform.

High Tide’s product range spans finishing grinders, smoking devices, rolling papers, and branded accessories for both medicinal and recreational cannabis consumers.