Redditors Are Buying This Under-The-Radar Cannabis Stock
Group 1 - High Tide Inc (NASDAQ:HITI) is recognized as one of the best small-cap stocks according to Redditors, engaged in the cannabis retail business in Canada, with a stock price decline of 13% over the past year [1] - A Redditor suggested that High Tide could develop a "Costco-like" business model based on memberships, and there is optimism that the stock will benefit from easing cannabis restrictions in North America [2] - In September, High Tide reported quarterly revenue of approximately $149.7 million, surpassing analysts' expectations of $106.5 million [2] Group 2 - While High Tide shows potential as an investment, there is a belief that certain AI stocks may offer greater returns with limited downside risk [3]