High Tide Achieves Remarkable Milestone in Canada's Top Growing Companies Ranking for Five Years

High Tide Inc.'s Remarkable Achievement

High Tide Inc. has once again made headlines by securing the 182nd position in the 2025 Report on Business ranking of Canada's Top Growing Companies. This marks the fifth consecutive year that High Tide has earned this prestigious spot, a testament to its remarkable success in the retail cannabis space. The company's impressive three-year revenue growth rate of 188% has propelled it to join the ranks of other innovative businesses in the country.

Raj Grover, the founder and CEO of High Tide, expressed his gratitude for this achievement, highlighting the dedication of his team and the unwavering loyalty of their Cabana Club members. High Tide’s unique value-driven retail model has undoubtedly played a pivotal role in this continuous success. Following its previous year's ranking of 87th, with a whopping growth rate of 486%, this latest accolade further reaffirms the company's impressive growth trajectory.

Expansion into New Markets

In addition to this recognition, High Tide is on the verge of an exciting expansion. The recent completion of their majority acquisition of Remexian positions the company strategically to tap into Europe's largest cannabis market. Grover indicated that this move would not only enhance their revenue framework but also broaden High Tide's international presence significantly. With these ambitions on the horizon, the company is well-poised to create new opportunities for sustainable long-term growth.

With their flagship retail brand, Canna Cabana, leading the charge, High Tide operates a vast network with 210 locations across notable Canadian provinces such as British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario. The company has cultivated a 12% share in the market, becoming a household name for cannabis consumers in Canada. It stands out as the world's first discount cannabis club retailer, illustrating its commitment to innovative retail solutions.

High Tide's Global Reach

High Tide’s presence is not confined to just retail. Through its subsidiary, Remexian Pharma GmbH, the company is a key player in the medical cannabis distribution sector in Germany, with licenses to import from 19 countries, including Canada. This extensive reach showcases High Tide's holistic approach to the cannabis industry, reinforcing its commitment to offering diverse products and services.

In addition to being recognized as a top growing company by the Globe and Mail’s Report on Business, High Tide has received numerous accolades, including being rated the number one company in the retail category on the Financial Times' list of America's Fastest Growing Companies for 2023. As they continue to navigate the evolving landscape of the cannabis market, High Tide remains focused on delivering value through innovative retail strategies and expanding its international footprint.

Looking Ahead: Inspiration for Future Entrepreneurs

Dawn Calleja, Editor of the Report on Business, captured the essence of this annual ranking, emphasizing its role in showcasing the entrepreneurial spirit and innovation within Canada. Each year's list of top-growing companies serves to inspire a new generation of business leaders and innovators.

As High Tide looks toward the future, its journey represents a blueprint for success in the rapidly changing cannabis landscape. The commitment to value for consumers, combined with strategic expansions and a focus on retail, positions High Tide Inc. as a leading player in the industry, with potential for continued growth and influence.

For more information about High Tide and its unique offerings, visit www.hightideinc.com.