High Tide Inc. (HITI) engages in the distribution and sale of cannabis and cannabis-related products. The company's bricks-and-mortar footprint in Canada spans 200+ stores (branded Canna Cabana) across five provinces (Alberta, Ontario, Saskatchewan, Manitoba and British Columbia). In addition, High Tide manufactures and distributes CBD and consumption accessories through e-commerce platforms, and provides data analytics services. Earlier this month, HITI closed the acquisition of a 51% ownership stake in Remexian Pharma GmbH, a leading low-cost medical cannabis importer/wholesaler in Germany, one of the highest-growth markets in the world, with much of the accelerating demand satisfied through imported cannabis from Canada. The company was founded in 2009, with headquarters in Calgary, Canada.
