High Tide is a retail-focused cannabis corporation along with the manufacture and distribution of consumption accessories.
High Tide is a retail-focused cannabis corporation. It is among the most vertically integrated companies in the Canadian cannabis market, with portfolio subsidiaries including RGR Canada Inc., Smoker's Corner Ltd., Famous Brandz Inc., Canna Cabana Inc., and the majority of KushBar Inc.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 18, 2022 | Post-IPO Debt | $19M | 1 | Connect First Credit Union | — | Detail |
Jul 18, 2022 | Post-IPO Equity | $10M | — | — | — | Detail |
Jun 22, 2022 | Post-IPO Debt | $5M | — | — | — | Detail |
Oct 18, 2021 | Post-IPO Debt | $10M | 1 | ATB Financial | — | Detail |
Nov 20, 2020 | IPO | — | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Connect First Credit Union | Yes | Post-IPO Debt |
ATB Financial | Yes | Post-IPO Debt |
High Tide has acquired 13 organizations. Their most recent acquisition was Grasscity on Dec 14, 2018. They acquired Grasscity for $6.73M.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Dec 14, 2018
Grasscity
|
Cannabis | acquisition | $ 6.73M | Detail |
Aug 21, 2020
Meta Growth
|
Cannabis | acquisition | — | Detail |
Jan 25, 2021
Smoke Cartel
|
Cannabis | acquisition | $ 8M | Detail |
May 3, 2021
FAB CBD
|
Cannabis | acquisition | $ 20.64M | Detail |
Jun 25, 2021
Daily High Club
|
Quality Assurance | acquisition | $ 10M | Detail |