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High Tide Optimistic on U.S. Cannabis Rescheduling
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High Tide Optimistic on U.S. Cannabis Rescheduling

High Tide, Inc. (TSE:HITI) has released an update.

High Tide Inc. celebrates a significant move by the Biden administration to reclassify cannabis as a Schedule III substance, which could fuel the growth of the legitimate cannabis sector in the U.S. and weaken the illicit market. This shift is poised to impact High Tide’s financial strategy and its aspirations to become a top multi-state operator in America, particularly following Germany’s recent legalization efforts.

For further insights into TSE:HITI stock, check out TipRanks’ Stock Analysis page.

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