High Tide Inc.
High Tide Inc. is an omnichannel retailer and branded consumer packaged goods company operating within the regulated cannabis market. Headquartered in Calgary, Alberta, Canada, the company's mission is to establish itself as a leading retail and medical cannabis enterprise internationally, aiming to unlock the full potential of the cannabis plant.
The company's core business encompasses a network of licensed cannabis retail stores across Canada, primarily under its flagship Canna Cabana brand, which offers a curated selection of cannabis flower, pre-rolls, vapes, and lifestyle accessories. High Tide also maintains a robust e-commerce presence, delivering hemp-derived products, vaporizers, glassware, and other ancillary goods through various platforms such as Grasscity, Smoke Cartel, Daily High Club, NuLeaf Naturals, FAB CBD, and Blessed CBD. Additionally, High Tide is involved in medical cannabis distribution, notably in Germany through its majority stake in Remexian Pharma GmbH.
Led by Founder, President, and CEO Raj Grover, High Tide has established itself as the largest cannabis retail brand in Canada, with over 220 Canna Cabana locations and a 12% market share, making it the second-largest cannabis retail brand globally by store count. The company's Canadian operations are supported by its Cabana Club, which is recognized as the largest cannabis loyalty program worldwide, boasting over 2.58 million members. In September 2025, High Tide expanded its global footprint by acquiring a majority stake in Remexian Pharma GmbH, a leading medical cannabis importer and distributor in Germany. The company reported fiscal year 2024 revenue of $522.3 million and Q1 2026 revenue of CAD 178.3 million, reflecting a 25% year-over-year growth.
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