Tag Archive: High Tide
Cannabis Briefs for March 21, 2023
•New bills have been filed in Congress that would regulate CBD and bring clarity around its use as a food and beverage additive. Continue reading →
Posted in News on March 21, 2023Cannabis Briefs for February 7, 2023
•Canadian retailer High Tide saw revenues almost double to C$357 million ($265m) for the year ended October 31, with adjusted EBITDA up 17% to $14.6 million ($11m). Continue reading →
Posted in News on February 7, 2023Canadian Retail Player High Tide On A Steep Growth Curve
Canada-based cannabis operator High Tide Inc. is expanding rapidly in its home market and has big plans for the United States. In the span of 13 years, High Tide has evolved from a single-unit, two-employee cannabis store to a multi-national cannabis firm with more than 140 Canadian store locations and more than 1,400 employees, plus holdings and business ventures throughout the United States and the United Kingdom. Revenue almost doubled to C$249 million ($182m) in the nine months through July. High Tide CEO Raj Grover has ambitious growth plans for his company, which is publicly traded on the Nasdaq, Toronto (TSXV), and German (FWB) stock exchanges. SNDC recently caught up with Grover for an update. Continue reading →
Posted in News on December 27, 2022Cannabis Briefs for July 12, 2022
•Statewide cannabis sales in Illinois totaled $126.8 million in June, according to the latest data from the Illinois Department of Financial and Professional Regulation. Continue reading →
Posted in News on July 12, 2022Cannabis Briefs for April 27, 2021
•Chicago-based multi-state operator Verano Holdings is investing $115 million in its Pennsylvania business as it looks to raise its profile in the country’s fifth-most populous state. Continue reading →
Posted in News on April 27, 2021Cannabis Briefs for August 25, 2020
•Two of Canada’s biggest cannabis retailers, High Tide and Meta Growth, are merging. Continue reading →
Posted in News on August 25, 2020