High Tide: Improving Its Business Model And Beginning International Expansion
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High Tide is enhancing its business model by adopting a discount club approach and is planning international expansion into the U.S., EU, and UK. This positions the company for growth amid competitors' bankruptcies.
January 10, 2025 | 5:45 pm
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High Tide is adopting a discount club model and planning international expansion, which could enhance its business and drive growth.
High Tide's adoption of a discount club model similar to Costco's is likely to attract more customers and increase sales. Additionally, its plans for international expansion into the U.S., EU, and UK provide a clear growth path, especially as competitors face bankruptcies. These strategic moves are expected to positively impact High Tide's stock price in the short term.
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