OrbitonOpen research workspace →
High Tide Inc. logo

High Tide Inc.

TSXV:HITILive AI agent

Founded in 2009, High Tide, Inc.

Investor website: https://hightideinc.com/

About

Founded in 2009, High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world’s most powerful plant. High Tide is the highest revenue-generating cannabis company reporting in Canadian dollars, with revenue exceeding $700 million on an annualized basis. High Tide’s wholly owned subsidiary, Canna Cabana, is the largest cannabis retail chain in Canada with over 220 locations, a 12% share of the market, and is the second-largest cannabis retail chain globally. The Company’s Canadian operations are powered by its Cabana Club, which is the largest cannabis loyalty program globally, with over 2.65 million Cabana Club members and more than 178,000 paid-tier members (ELITE) in Canada. In September 2025, High Tide entered the European medical cannabis market through the acquisition of a majority stake in Remexian Pharma GmbH, one of the leading importers and distributors of medical cannabis, currently commanding a 14.1% market share in Germany, Europe’s largest federally regulated cannabis market. The Company’s portfolio also includes global e-commerce assets, including the two most popular consumption accessory e-commerce platforms in the world, as well as leading hemp-derived CBD brands NuLeaf Naturals, FAB CBD, and Blessed CBD which serve consumers in the United States and the United Kingdom. Since 2021, High Tide has consistently featured in the Report on Business Magazine’s annual ranking of Canada’s Top Growing Companies, earning the distinction for a fifth consecutive year in 2025. High Tide was also ranked number one in the retail category on the Financial Times list of Fastest Growing Companies in the Americas for 2023, and was recognized as a top 50 company by the TSX Venture Exchange in 2022, 2024, and 2025. We’ve spent the last fifteen years developing an intimate understanding of cannabis consumers and building a suite of retail and distribution platforms to serve their needs. With strong momentum in Canada, expanding international operations in Germany, and growing opportunities in the United States, High Tide is uniquely positioned for global expansion through emerging legal markets.

Verified company data

Cash position
$46.4 million
Shares outstanding
4214979
Projects
["High Tide acquired 100% of the equity interest of J. Supply Holdings Inc., operating as Northern Helm, resulting in High Tide's acquisition of four retail cannabis stores operated by Northern Helm in Ontario for $7.77 Million. The Stores are located at 2377 Highway 2 in Bowmanville, 225 Gore Road in Kingston, 1414 King St. E in Courtice, and 199 Wentworth St W in Oshawa."]
Leadership
Raj Grover (Founder, President & Chief Executive Officer, Established business strategist and dealmaker, founder of High Tide and its subsidiaries, grew High Tide from a small shop to Canada’s largest cannabis retailer.), Mayank Mahajan (Chief Financial Officer, Brings over 15 years of expertise in financial services, technology, and manufacturing, registered CPA in Canada and the US.), Andy Palalas (Chief Marketing Officer, Responsible for developing distribution channels and overseeing revenue portfolio, has a decade of experience in sales and marketing.), Aman Sood (Chief Operating Officer, Over two decades of experience in retail project management and operations, specializes in operational improvements and market identification.), Omar Khan (Chief Communications and Public Affairs Officer, Over 20 years of experience in political and communications strategy, previously served as National Cannabis Sector Lead.), Joy Avzar (Senior Vice President Legal and Compliance, Over 20 years of legal experience, specializes in mergers & acquisitions and regulatory compliance.), Vahan Ajamian, CPA, CA, CFA (Capital Markets Advisor, Nearly 20 years of capital markets experience, recognized as a leading analyst in the cannabis investment community.), Sandy Sharma (Vice President, Human Resources, Over 15 years of experience in managing human capital across various sectors.), Sri Pavithra Priyalakshmi (Vice President, Digital and eCommerce, Over a decade of experience in eCommerce and digital transformation, specializes in customer-centric innovation.), Shanon Hewett-Throop (Vice President, Procurement & Sourcing, Over 15 years of management experience in Health & Wellness and Food & Beverage sectors.), Mitesh Patel (Senior Creative Director, Over a decade of experience in brand building and marketing strategy, specializes in impactful design and consumer behavior.)

Verified data last updated:

Recent filings