High Tide Inc. (OTCMKTS:HITIF – Get Free Report)’s share price dropped 0.4% on Wednesday. The stock traded as low as $2.69 and last traded at $2.72. 563,630 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 5,944,036 shares. The stock had previously closed at $2.73.
High Tide Stock Down 5.5%
The firm’s 50 day moving average price is $2.52 and its 200-day moving average price is $2.39.
About High Tide
High Tide Inc is a Canadian cannabis company focused primarily on the retail sale of recreational cannabis and cannabis-related products. Its retail operations are conducted mainly under the Canna Cabana brand, which offers products such as cannabis flower, pre-rolls, edibles, beverages, concentrates, vaporizers and consumption accessories, subject to applicable provincial regulations.
The company also operates cannabis lifestyle and e-commerce businesses, including online platforms that sell consumption accessories and related products.
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