Tag Archive: High Tide

High Tide Toasts 2024 Growth, Reaching 191 Canadian Retail Outlets

Canadian cannabis company High Tide has emerged as a leading player, now operating 191 Canna Cabana locations across Canada, with 29 new stores opened in 2024. Continue reading →

Cannabis Briefs for September 24, 2024

Cannabis Briefs for November 28, 2023

•Canadian cannabis sales dipped 5% to C$560 million ($411m) in September compared with the prior month, after reaching a high of C$589 million ($433m) in August. Continue reading →

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 →

Cannabis 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 →

Canadian 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 →