High Tide Inc. HITI
Rating
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Company Overview
High Tide Inc. is a Canadian cannabis retail and consumer products company operating primarily in the regulated adult-use cannabis sector. The company’s activities span cannabis retail, e-commerce, accessories manufacturing and distribution, and ancillary cannabis services. High Tide is best known for its chain of branded cannabis retail stores operating under the Canna Cabana banner, which has become one of the largest cannabis retail networks in Canada by store count. In addition to physical retail, the company owns and operates several global e-commerce platforms focused on cannabis accessories and consumption products.
The company generates revenue primarily through retail cannabis sales, membership-based discount programs, and online sales of accessories and lifestyle products. High Tide also operates businesses involved in manufacturing and wholesale distribution of consumption accessories through subsidiaries such as Famous Brandz, Vaporization USA, and related e-commerce entities. The company serves recreational cannabis consumers across Canada while maintaining international exposure through accessory-focused e-commerce operations in the United States and Europe. High Tide was founded in 2009 by Raj Grover and evolved from a cannabis accessory business into a vertically integrated retail-focused cannabis company following Canadian cannabis legalization in 2018 and a series of acquisitions that expanded its retail and digital commerce footprint.
Income Statement
Balance Sheet
Cash Flow
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Price History
- Low
- $2.02
- Current
- $2.65
- High
- $3.80
Valuation
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Corporate Info
Unit 112
Calgary, AB T3K 2M4