High Tide

company

About

High Tide is a retail-focused cannabis corporation along with the manufacture and distribution of consumption accessories.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$19M
Industries
Cannabis,Consumer Goods,Retail
Founded date
Jan 1, 2009
Number Of Employee
251 - 500
Operating Status
Active
Stock Symbol
cve:HITI
Legal Name
High Tide, Inc.

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$44M
High Tide has raised a total of $44M in funding over 2 rounds. Their latest funding was raised on Aug 18, 2022 from a Post-IPO Debt round.
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

Investors

Number of Lead Investors
Number of Investors
2
2
High Tide is funded by 2 investors. Connect First Credit Union and ATB Financial are the most recent investors.
Investor Name Lead Investor Funding Round
Connect First Credit Union Yes Post-IPO Debt
ATB Financial Yes Post-IPO Debt

Employee Profiles

Number of Employee Profiles
3
High Tide has 3 current employee profiles, including Executive Greg Fleury
Executive
Executive
Board member

Acquisition

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