High Tide Inc. HITI

What this company does

High Tide Inc. is an Alberta-based, retail-focused cannabis company that is engaged in the Canadian cannabis market through a portfolio of subsidiaries, with its principal business focused on the bricks-and-mortar distribution and sale of cannabis and cannabis products in the provinces of Alberta, Ontario, Saskatchewan, Manitoba and British Columbia. As at the AIF Date, High Tide operated a total of 218 cannabis retail stores, consisting of 91 in the Province of Alberta, 94 in Ontario, 13 in Saskatchewan, 12 in Manitoba, and 8 in British Columbia. As at the AIF Date, it had approximately 1,832 employees. The Corporation has three operating segments: a bricks-and-mortar segment comprising its Canadian bricks-and-mortar locations and the Canadian warehouse that supports distribution to those stores; an e-commerce segment comprising its U.S. and international subsidiaries and the U.S. warehouse that supports distribution to them; and a medical cannabis distribution segment comprising the medical cannabis distribution operations acquired with Remexian. During the financial year ended October 31, 2025, approximately 96% of High Tide's total revenues were derived from the bricks-and-mortar segment, approximately 3% from the e-commerce segment, and approximately 1% from the medical cannabis distribution segment. High Tide also conducts operations in the United States through Valiant, NuLeaf, FABCBD, Smoke Cartel, Daily High Club, Grasscity and Dankstop, within states where they sell branded consumption accessories and other alternative lifestyle products permitted under applicable law. The Corporation was incorporated under the ABCA on February 8, 2018 under the name "High Tide Ventures Inc.," and effective October 4, 2018 it amended its articles of incorporation and changed its name to "High Tide Inc."

Written from the business description in HIGH TIDE INC.'s annual report to the U.S. Securities and Exchange Commission, filed 29 January 2026. Every sentence was checked against that document before publication.