HITI Profile
High Tide Inc. is a prominent player in the cannabis industry with a broad presence across Canada, Europe, the United States, and internationally. The company is engaged in various facets of the cannabis retail business, including the manufacture and distribution of smoking accessories and lifestyle products related to cannabis. High Tide operates a comprehensive retail network, wholesaling and retailing cannabis products through its licensed stores, which include both company-operated and franchised locations.
The company is also involved in operating a data analytics service platform, which supports its retail operations and enhances its market insights. This platform contributes to High Tide's strategic decision-making and operational efficiency. Additionally, High Tide manages several e-commerce platforms, including Grasscity.com and CBDcity.com, which cater to the online cannabis and CBD markets, further expanding its reach and customer base.
As of January 9, 2023, High Tide Inc. operates 151 retail locations across key Canadian provinces such as Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. This extensive retail footprint reflects the company's significant presence in the Canadian cannabis market and its commitment to providing accessible cannabis products to consumers.
Founded in 2009 and headquartered in Calgary, Canada, High Tide Inc. was originally known as High Tide Ventures Inc. before rebranding in October 2018. The company has grown substantially since its inception, leveraging its diverse business model and strategic expansions to establish itself as a leading entity in the global cannabis industry.
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