High Tide (band)

High Tide Places 38th on The Globe and Mail's Fifth-Annual Ranking of Canada's Top Growing Companies

Retrieved on: 
Friday, September 29, 2023
High Tide, Uncertainty, High, High Tide (band), AB, Business, FSE, Financial Times, Cannabis, Real-time, Retail

38 on the 2023 Report on Business ranking of Canada's Top Growing Companies.

Key Points: 
  • 38 on the 2023 Report on Business ranking of Canada's Top Growing Companies.
  • Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth.
  • High Tide earned its spot with a three-year growth of 1,040%.
  • This follows the Company's 2022 ranking of 21st out of 430 companies, with a three-year growth rate of 1,970%.

High Tide Opens First Canna Cabana Location in Oshawa, Ontario

Retrieved on: 
Friday, August 18, 2023
High Tide, TSX Venture Exchange, University, CMA, High Tide (band), Education, Process, Calendar, AB, Control, FSE, ELITE, Oil, Adviser, Durham College, Golden Horseshoe, Supply chain, Budtender, CPA, Cannabis, Master, CFO, Supply, News, General Motors, Retail, Mining

This opening marks High Tide's 155th Canna Cabana branded retail cannabis location in Canada and the 51st in Ontario, Canada's largest province.

Key Points: 
  • This opening marks High Tide's 155th Canna Cabana branded retail cannabis location in Canada and the 51st in Ontario, Canada's largest province.
  • Durham College is an 8-minute drive from this new Canna Cabana and houses a student population of approximately 12,000.
  • "Oshawa, with its automotive manufacturing roots, is an exciting new market for Canna Cabana, and our real estate strategy again stands out with this location.
  • Prior to joining High Tide, he was Chief Financial Officer for the Americas of a large Mining Construction company.

High Tide Celebrates Earth Day With Announcement of Contribution Towards Recycling Over 20,000 Pounds of Plastic Waste Through Partnership With [Re] Waste

Retrieved on: 
Friday, April 21, 2023
High Tide, Plastic, Partnership, High Tide (band), AB, Earth Day, ELITE, FSE, Recycling, Collection, Cannabis, Drug

High Tide and [Re] Waste have partnered together to reduce the environmental impact of cannabis products by placing collection points within all Canna Cabana retail store locations nationwide.

Key Points: 
  • High Tide and [Re] Waste have partnered together to reduce the environmental impact of cannabis products by placing collection points within all Canna Cabana retail store locations nationwide.
  • Through this initiative, both Alberta-based companies High Tide and [Re] Waste are making an impact across the nation for greater environmental sustainability.
  • "High Tide is proud to partner with [Re] Waste, another Alberta-grown business, to divert thousands of units of single-use cannabis plastics from landfills into reusable and functional products.
  • "[Re] Waste is thrilled to have partnered with High Tide and to have contributed to the diversion of over 20,000 pounds of plastic waste from landfills through our innovative recycling program for cannabis packaging.

High Tide Releases Audited 2022 Financial Results Featuring Record Fourth Quarter Revenue of $108.2 Million and Record Adjusted EBITDA of $5.0 Million

Retrieved on: 
Tuesday, January 31, 2023
Financial statement, FSE, ConnectFirst Credit Union, LOI, World Vision International, EBITDA, Ontario Cannabis Retail Corporation, AB, Legislation, ELITE, News, Bank statement, Letter, Anomaly, EDGAR, Government, Partnership, Sale, CBD, Manitoba Liquor & Lotteries Corporation, Cannabis, Cannabis shop, CAD, Acquisition, High Tide (band), Creditor, High Tide, Softgel, Business, SEDAR, Video game, Mail order, Cryptocurrency, Drug, Retail, Silviculture

In the fourth quarter of fiscal 2022, revenue was $93.9 million in Canada (an increase of 16% sequentially), $13.2 million in the United States (an increase of 4% sequentially), and $1.2 million internationally (a decrease of 37% sequentially).

Key Points: 
  • In the fourth quarter of fiscal 2022, revenue was $93.9 million in Canada (an increase of 16% sequentially), $13.2 million in the United States (an increase of 4% sequentially), and $1.2 million internationally (a decrease of 37% sequentially).
  • Sequentially, Cabanalytics data sales increased to $6.4 million from $5.5 million in the third fiscal quarter
    The Company's bricks-and-mortar locations generated same-store sales growth of 50% year-over-year and 9% sequentially in the fourth fiscal quarter of 2022.
  • High Tide stands for great experience and expertise in building retail cannabis brand strategies like no other player.
  • For the New Cannabis Ventures' senior listing, segmented cannabis-only sales must generate more than US$25 million per quarter (CAD$31 million) – for full details, see: https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
    Selected financial information for the fourth quarter and year ended October 31, 2022:

High Tide Enters New Vertical in the United States With Launch of Cannabis Seeds

Retrieved on: 
Tuesday, December 13, 2022
Smoke, Controlled Substances Act, EDGAR, SEO, Law enforcement, Uncertainty, TSX Venture Exchange, Cannabis, Federal Analogue Act, Risk, Sale, CBD, FSE, Growth, Multimedia, AZ Business Magazine, AB, SEDAR, Indian stock exchange, Seed, TSX Venture 50, TSX, Latin American drug legalization, RSU, Legislation, Removal of cannabis from Schedule I of the Controlled Substances Act, Report, High Tide, Tide, High Tide (band), CSA, Public expenditure, Online shopping, Mobile phone, Drug, Retail, Risk management

Each RSU entitles the holder to acquire one common share of the Company upon vesting.

Key Points: 
  • Each RSU entitles the holder to acquire one common share of the Company upon vesting.
  • High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets.
  • The Company is the largest non-franchised cannabis retail chain in Canada, with 142 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.
  • For more information about High Tide, please visit www.hightideinc.com and its profile pages on SEDAR at www.sedar.com and EDGAR at www.sec.gov .

High Tide Launches Exclusive Paid Membership Program: "Cabana Elite"

Retrieved on: 
Tuesday, November 29, 2022
COVID-19, Growth, TSX Venture 50, Cannabis Act, Report, TSX, Multimedia, Risk, High Tide, ELITE, TSX Venture Exchange, Tide, Legislation, Cannabis, SEDAR, CBD, Tax, AZ Business Magazine, Research, High Tide (band), Consultant, Publication, EDGAR, Public expenditure, Drug, Online shopping, Risk management, Bank

We are confident ELITE will generate excellent returns for our shareholders, who can rely on High Tide for continued innovation and execution," added Mr. Grover.

Key Points: 
  • We are confident ELITE will generate excellent returns for our shareholders, who can rely on High Tide for continued innovation and execution," added Mr. Grover.
  • In addition, High Tide announces the grant of an aggregate of 25,000 incentive stock options (the "Options") to certain employees of the Company.
  • High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets.
  • For more information about High Tide, please visit www.hightideinc.com and its profile pages on SEDAR at www.sedar.com and EDGAR at www.sec.gov .

High Tide Becomes Top Revenue-Generating Cannabis Company in Canada

Retrieved on: 
Tuesday, November 22, 2022
Adult, Growth, TSX, Tax, Report, Cannabis, Knowledge, News, SEDAR, Legislation, TSX Venture Exchange, Consultant, Sale, Public expenditure, Research, Multimedia, CBD, Tide, Publication, CAD, High Tide, High Tide (band), TSX Venture 50, AZ Business Magazine, NCV, EDGAR, Drug, Retail, Online shopping, Risk management

According to New Cannabis Ventures, we are now the highest Canadian revenue-generating cannabis company across all three verticals of retail, extraction and growing.

Key Points: 
  • According to New Cannabis Ventures, we are now the highest Canadian revenue-generating cannabis company across all three verticals of retail, extraction and growing.
  • This opening marks High Tide's 142nd Canna Cabana branded retail cannabis location in Canada and is the 44th location in Ontario.
  • In addition, High Tide announces the grant of an aggregate of 15,000 incentive stock options (the "Options") to certain employees of the Company.
  • High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets.

High Tide Announces Launch of Its NuLeaf Naturals Multicannabinoid Products in Manitoba

Retrieved on: 
Wednesday, October 26, 2022
FSE, TSX Venture 50, Publication, Brick, Legislation, AZ Business Magazine, Public expenditure, Cannabis, CBC, Club, Google Analytics, Achievement, High Tide, Softgel, Knowledge, Company, TSX Venture Exchange, CBN, Tax, Manitoba Liquor & Lotteries Corporation, EDGAR, Consultant, CBG, CBD, Ontario Cannabis Retail Corporation, Cannabidiol, Risk, Growth, Tide, TSX, Cannabinol, Research, The Company (production company), Multimedia, Goal, Compliance, View, MBLL, Sale, Cannabinoid, High Tide (band), Report, Cabana, THC, Manitoba Liquor Control Commission, Forward-looking statement, AB, SEDAR, Online gambling, Online shopping, Risk management, Marketing

"I am delighted to announce that the highly anticipated NuLeaf Naturals Multicannabinoid products are now available for all licensed cannabis retailers to stock in Manitoba, Canada's fifth most populous province.

Key Points: 
  • "I am delighted to announce that the highly anticipated NuLeaf Naturals Multicannabinoid products are now available for all licensed cannabis retailers to stock in Manitoba, Canada's fifth most populous province.
  • Listing these products across multiple Canadian provinces will ensure greater access to these unique multicannabinoid formulations for even more Canadian consumers.
  • This announcement comes on the heels of NuLeaf Naturals products being listed with the Ontario Cannabis Store last week in Ontario, and we look forward to listing these groundbreaking products in additional Canadian provinces soon," said Raj Grover, President and Chief Executive Officer of High Tide.
  • Since inception, NuLeaf has been committed to creating the world's highest quality cannabinoid products in their most pure and potent form.

High Tide Announces Launch of Its NuLeaf Naturals Multicannabinoid Products in Ontario

Retrieved on: 
Tuesday, October 18, 2022
FSE, TSX Venture 50, Publication, Brick, Legislation, CD, AZ Business Magazine, Public expenditure, Cannabis, Space Delta 9, CBC, Club, Achievement, High Tide, Softgel, Knowledge, Company, TSX Venture Exchange, CBN, Tax, EDGAR, Consultant, CBG, Time, Cannabidiol, Risk, Growth, Tide, TSX, Cannabinol, Research, The Company (production company), Multimedia, Goal, Compliance, View, Sale, Bedford Falls Productions, Cannabinoid, Ontario Cannabis Retail Corporation, High Tide (band), Cabana, Delta, Forward-looking statement, AB, OCS, SEDAR, Online shopping, Risk management, Marketing, CBD

This listing comes after NuLeaf received approval from the Ontario Cannabis Store ("OCS") to list these additional products in the OCS's Fall Product call of 2022.

Key Points: 
  • This listing comes after NuLeaf received approval from the Ontario Cannabis Store ("OCS") to list these additional products in the OCS's Fall Product call of 2022.
  • While we are starting in Ontario, we look forward to launching these trail-blazing Multicannabinoid product lines in other Canadian provinces in the near future.
  • I am pleased to announce that as of today NuLeaf has become High Tide's first U.S.-based CBD subsidiary to have its products available for order in Canada through the OCS," said Raj Grover, President and Chief Executive Officer of High Tide.
  • "Since its founding in 2014, NuLeaf has been committed to creating the world's highest quality cannabinoid products in their most pure and potent form.

High Tide Closes the Second Tranche in Its Acquisition of Choom, Adding Established Retail Store in Niagara Falls, Ontario

Retrieved on: 
Thursday, September 1, 2022
CBD, Amazon (company), Person, AB, Tide, NASDAQ, High Tide (band), AZ Business Magazine, Acquisition, TSX Venture Exchange, Companies' Creditors Arrangement Act, CAD, Company, FSE, TSX, Chum (tent), Multimedia, TSX Venture 50, Intention, Cannabis, News, EDGAR, Projection, SEDAR, Forward-looking statement, High Tide, Retail, Risk management, Niagara Square

The Store is located at 7555 Montrose Road in Niagara Falls, Ontario, and is situated in Niagara Square, an outlet mall anchored by numerous national big box and discount retailers.

Key Points: 
  • The Store is located at 7555 Montrose Road in Niagara Falls, Ontario, and is situated in Niagara Square, an outlet mall anchored by numerous national big box and discount retailers.
  • The Acquisition was completed pursuant to the terms of a binding agreement dated June 28, 2022 ("Acquisition Agreement").
  • High Tide acquired the Store, including inventory, for CAD$1.1 Million, for approximately $300,000 in cash and by issuing 364,185 common shares of High Tide (each a "High Tide Share") at a deemed price of $2.3375 per High Tide Share.
  • Pursuant to the Acquisition Agreement, 70% of the High Tide Shares issued are subject to a four month hold.