High Tide Makes The Globe and Mail’s Third-Annual Ranking of Canada’s Top Growing Companies With 733% Growth Over Three Years

CANNANNEW REPORT

CALGARY, Alberta–(BUSINESS WIRE)–High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories, is pleased to announce that it has been named one of Canada’s top growing companies for 2021 by the Globe and Mail (“the Report”). The Report ranks rapidly-expanding Canadian companies based on carefully audited three-year revenue growth. Based on this criteria High Tide ranked 82nd out of 448 companies in 2021 with three-year growth of 733%. “Today’s recognition from The Globe and Mail, one of Canada’s most prestigious daily newspapers, is further validation of High Tide’s continued operational execution. Our team earned this ranking by growing our revenue by 733% over just three years. Since opening our first cannabis retail store in October of 2018 we have been able to grow as a company from just 160 employees to almost 100 stores and over 900 employees today,” said Raj Grover, President and Chief Executive Officer of High Tide. “In the months ahead we will continue to drive revenue growth by expanding our retail bricks and mortar and e-commerce businesses organically and through strategic acquisitions in Canada, the United States and Europe”, added Mr. Grover. Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 448 companies earned a spot on this year’s ranking. The full list of 2021 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—available tomorrow—and online immediately. “As we look toward the future, Canada’s Top Growing Companies offer both inspiration and practical…

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Source : High Tide Makes The Globe and Mail’s Third-Annual Ranking of Canada’s Top Growing Companies With 733% Growth Over Three Years

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