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Corporation
RETAIL (NON-INTERNET/MOBILE) | Other Retail
hightideinc.ca

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Founded Year

2009

Stage

IPO | IPO

Total Raised

$7.5M

Date of IPO

12/17/2018

Market Cap

0.47B

About High Tide

High Tide is a retail-focused cannabis and lifestyle accessories company. High Tide is developing an expanding network across Canada of cannabis and cannabis accessory retail stores, as well as manufacturing and distributing branded cannabis accessories.

High Tide Headquarter Location

11127 15 Street NE #112

Calgary, Alberta, T3K 2M4,

Canada

855-747-6420

Latest High Tide News

06:00 ET High Tide Announces Opening of Canna Cabana Retail Cannabis Store in Guelph

Sep 17, 2021

News provided by Share this article Share this article CALGARY, AB, Sept. 17, 2021 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI ) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories, announced today that its Canna Cabana retail cannabis store located at 106 Silvercreek Parkway North in Guelph, Ontario, has begun selling recreational cannabis products for adult use. This opening represents High Tide's 95th branded retail location across Canada, and 24th in Ontario, selling recreational cannabis products and consumption accessories. The new Canna Cabana store is High Tide's second to open in Guelph, a fast-growing community in the heart of southern Ontario, and the first in the city which will operate under the Canna Cabana brand. It is strategically located alongside a major transportation corridor and is situated within a plaza anchored by a national pharmacy chain. The new store is also less than a 5 minute drive from Conestoga College's Guelph Campus. High Tide Inc. September 17, 2021 (CNW Group/High Tide Inc.) "With the opening of this new Guelph store we remain on track to launch several more locations in Ontario in quick succession over the next few weeks. We are excited to bring our unique one stop shop experience to the residents of Guelph through our signature Canna Cabana brand which has been very well received by customers across our national store network," said Raj Grover, President and Chief Executive Officer of High Tide. "While we continue our rapid bricks and mortar expansion in Canada, we are also committed to the continued growth of our e-commerce portfolio. I look forward to sharing further news in this regard very soon," added Mr. Grover. About High Tide Inc. High Tide is a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 95 current locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide's retail segment features the Canna Cabana, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its established ecommerce platforms including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through CBDcity.com and FABCBD.com as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Tilray Inc. (TSX: TLRY ) (Nasdaq: TLRY) and Aurora Cannabis Inc. (TSX: ACB ) (Nasdaq: ACB). Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. For more information about High Tide Inc., please visit www.hightideinc.com , its profile page on SEDAR at www.sedar.com , and its profile page on EDGAR at www.sec.com . CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this news release are forward-looking information or forward-looking statements. Such information and statements, referred to herein as "forward-looking statements" are made as of the date of this news release or as of the date of the effective date of information described in this news release, as applicable. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (generally, forward-looking statements can be identified by use of words such as "outlook", "expects", "intend", "forecasts", "anticipates", "plans", "projects", "estimates", "envisages, "assumes", "needs", "strategy", "goals", "objectives", or variations thereof, or stating that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken, occur or be achieved, or the negative of any of these terms or similar expressions, and other similar terminology) are not statements of historical fact and may be forward-looking statements. Such forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to the ability of High Tide to execute on its business plan and that High Tide will receive one or multiple licenses from Alberta Gaming, Liquor & Cannabis, British Columbia's Liquor Distribution Branch, Liquor, Gaming and Cannabis Authority of Manitoba, Alcohol and Gaming Commission of Ontario or the Saskatchewan Liquor and Gaming Authority permitting it to carry on its Canna Cabana Inc. and KushBar Inc. businesses. High Tide considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that any one or more of the government, industry, market, operational or financial targets as set out herein will be achieved. Inherent in the forward-looking statements are known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements. The forward–looking statements contained herein are current as of the date of this news release. Except as required by law, High Tide does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances. Any and all forward-looking statements included in this news release are expressly qualified by this cautionary statement, and except as otherwise indicated, are made as of the date of this news release. SOURCE High Tide Inc. For further information: Media Inquiries, Omar Khan, Senior Vice President - Corporate and Public Affairs, [email protected] ; Investor Inquiries, Vahan Ajamian, Capital Markets Advisor, [email protected] Related Links

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Expert Collections containing High Tide

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

High Tide is included in 1 Expert Collection, including Cannabis.

C

Cannabis

3,602 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

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