Stockchase Opinions

Jim Cramer - Mad Money High Tide Inc. HITI-X DON'T BUY Jul 12, 2021

The weed space is too crowded. He likes Grow Generation.

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BUY
It is in the retail sector. The issue has been that there has not been enough retail locations in Ontario. They have been in the cannabis supply area for some time. They are now the second largest. He thinks it will expand as Ontario builds out its retail locations
WATCH
The accessory side is seeing a lot of success. A large retailer in Canada and now moving into the US. Could consolidate this space. A takeover target in the future as they accumulate stores in Canada and the US.
COMMENT
Cannabis is such a challenging sector. Has expanded into the U.S. He has great respect for management. It could be a possible takeout target.