#High Tide #Canna Cabana #TSX Venture

High Tide's Achievements Continue

High Tide Inc., a leading enterprise in the cannabis retail sector, has achieved remarkable recognition by being named one of the Top 50 companies on the TSX Venture Exchange (TSXV) for the second consecutive year. The announcement made on February 19, 2025, highlights the company’s impressive ranking of 21 out of 50, showcasing its strong performance in share price appreciation, trading volume, and market capitalization growth over the past year.

A Testament to Hard Work

The achievement was met with excitement by Raj Grover, the founder and CEO of High Tide. He stated, “We continue to experience tremendous success in the domestic market with the rapid expansion of our Canna Cabana brand resulting in soaring customer loyalty.” This loyalty is reflected in the growth of the Cabana Club, which has now expanded to over 1.7 million members. High Tide's strategic focus on operations and customer experience has clearly paid off as they consistently push the boundaries of what is possible in the cannabis retail space.

Expansion into New Markets

High Tide doesn’t just stop at domestic success. The company's ambition includes venturing into international markets starting with Germany. Their goal is to create the most comprehensive array of Canadian cannabis brands and products available to consumers worldwide, marking a significant step in their global strategy.

High Tide’s Retail Innovations

What sets High Tide apart is its commitment to innovative retail strategies. They operate the largest cannabis retail chain in Canada, currently boasting 192 locations across major provinces. Additionally, their unique Fastendr technology provides fully automated kiosks, enhancing the shopping experience for customers and allowing for easier browsing, ordering, and pick-up of products.

The company has also embraced e-commerce, running several successful accessory platforms like Grasscity.com, Smokecartel.com, and others. Their diversification allows them to appeal to a broader audience, tapping into various sectors of the cannabis market, including consumption accessories and CBD products through Nuleafnaturals.com and blessedcbd.co.uk.

Commitment to Community and Growth

High Tide’s community-focus and retail-forward approach have not only led them to rapid growth but have also earned them several accolades, including being named one of Canada's Top Growing Companies by the Globe and Mail in 2024 and recognized on Financial Times' list of America's Fastest Growing Companies for 2023.

Raj Grover emphasized the importance of community in the company’s success. He stated,