High Tide (OTCMKTS:HITID) Shares Down 0.4% – Here’s Why

Shares of High Tide Inc. (OTCMKTS:HITID) dropped 0.4% during trading on Monday . The company traded as low as $2.43 and last traded at $2.48. Approximately 297,608 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 386,249 shares. The stock had previously closed at $2.49.

High Tide Trading Down 0.4%

The company has a fifty day moving average price of $2.52 and a 200 day moving average price of $2.93.

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.