High tide enters new vertical in the united states with launch of cannabis seeds

Calgary, alberta--( business wire )--high tide inc. (“high tide” or the “company”) (nasdaq: hiti) (tsxv: hiti) (fse: 2lya), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that it has begun selling cannabis seeds in the united states, initially through its wholly owned subsidiaries grasscity and smoke cartel, which are the two most popular e-commerce platforms for consumption accessories in the world.2 the company plans to expand seed sales to additional online retail platforms within its portfolio in 2023.3 this launch comes on the heels of the american drug enforcement agency's recent official determination that cannabis seeds fall under the legal definition of hemp and can therefore be sold openly in the united states.
HITI Ratings Summary
HITI Quant Ranking