High Tide Inc.
High Tide Inc.
Sector: Industrial
Description
High Tide Inc is an Alberta-based company that manufactures and distributes cannabis accessories and retails cannabis products across North American and Europe.
Founded in 2009 by Canadian businessman Raj Grover, the firm is listed on TSXV under the stock quote of ‘HITI’.
The founder along with High Tide also established two subsidiary companies, namely Valiant Distribution and Canna Cabana.
The Canadian firm claims to be a leading enterprise that offers cutting-edge smoking accessories globally and one of the largest ecommerce platforms selling accessories across the globe.
In addition, the company aims to become a leading cannabis retailer internationally.
In June 2021, High Tide expanded its US ecommerce platform for cannabis accessories and acquired Daily High Club through its wholly owned US subsidiary, High Tide USA Inc.
The cannabis retailer’s portfolio of brands include:
• Canna Cabana
• Kush Bar
• New Leaf
• META
• Famous Brandz Inc
• CBDcity
• Valiant Distribution
• Grasscity
• FABCBD
• Smoke Cartel
CANNA CABANA
The company was established in 2018 and is reportedly considered as one of the leading retail brands that offers various cannabis strains through Edison Cannabis Co – Slurricane Strain; Spinach – Diesel (Sour Diesel) Strain; Spinach – Blue Dream Strain, and San Rafael ’71 – Pink Kush Strain.
These strains are available in various forms such as Blue Dream, GG4, OG Kush, GSC, White Widow, Pink Kush, Sour Diesel and Granddaddy Purple, the Canadian firm claims.
META CANNABIS
The brand, founded in 2014, offers cannabis in flower, pre-rolls, vaporizers, concentrates, and edibles.
NEWLEAF
The brand operates recreational retail network in 19 locations in Alberta. Various product offerings include dried flower, cannabis oil and accessories such as pipes, bongs, vape and extras.
KUSHBAR
KushBar Cannabis Co is a retail-focused brand that offers cannabis products in diversified brand, including Ace valley, Aurora, Clipper, 48 North, Daily Special, Foray, Hiway, etc.
SMOKE CARTEL
Founded in 2013, Smoke Cartel is an online platform for cannabis accessories, including glass water pipes, vaporizers, hemp-derived CBD products, bubblers, dab torches, and grinders.
GRASSCITY
Grasscity, founded in 2000, is an online headshop with operations in Amsterdam. The product offerings include silicon bongs, glass, mini bongs, glass dab rigs, dab torches, chillums, spoon PIPE, metal, wooden pipes, desktop vaporizers, portable vaporizers, portable vaporizers, rolling papers, CBD, etc.
Peers

U.UN
Sprott Physical Uranium Trust

CANB
CanadaBis Capital Inc.

SPDR
Spyder Cannabis Inc.

AEP
Atlas Engineered Products Ltd.

RSI
Rogers Sugar Inc

MARV
Marvel Discovery Corp.

XX
Avante Logixx Inc.

ALA
AltaGas Ltd.

VNP
5N Plus Inc.

FCC
First Cobalt Corp.

CLL.A
CCL Industries Inc

KWE
KWESST Micro Systems Inc.