Business
High Tide Places 38th on The Globe and Mail's Fifth-Annual Ranking of Canada's Top Growing Companies
High Tide Places 38th on The Globe and Mail's Fifth-Annual Ranking of Canada's Top Growing Compan...
About this update from High Tide, Inc.
[{"type":"text","content":"\n \n \n \n High Tide Places 38th on The Globe and Mail's Fifth-Annual Ranking of Canada's Top Growing Companies\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n The Company Celebrates its Third Consecutive Year on This Prestigious List\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Sept. 29, 2023\n \n \n /CNW/ - High Tide Inc. (\"\n \n High Tide\n \n \" or the\n \n \"Company\n \n \") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it placed No. 38 on the 2023 Report on Business ranking of\n \n Canada's\n \n Top Growing Companies.\n \n \n \n \n \n \n \n \n \n \n Canada's\n \n Top Growing Companies ranks Canadian companies on three-year revenue growth. High Tide earned its spot with a three-year growth of 1,040%.\n \n \n This follows the Company's 2022 ranking of 21st out of 430 companies, with a three-year growth rate of 1,970%.\n \n \n \"The Globe and Mail,\n \n Canada's\n \n newspaper of record, has, for the third year in a row, recognized High Tide's exponential growth, ranking us 38th out of 425 on its annual ranking of\n \n Canada's\n \n Top Growing Companies due to our three-year revenue growth rate of 1,040%. Receiving this honour three years running is a testament to our ability to continue to execute our strategic plan, which recently resulted in High Tide becoming one of a select few publicly traded cannabis companies in\n \n North America\n \n to report positive free cash flow,\" said Raj Grover, President and Chief Executive Officer of High Tide.\n \n \n \"This three-year revenue growth rate was achieved without any bricks-and-mortar presence in\n \n the United States\n \n , the world's largest and most lucrative cannabis market. As the pace of federal regulatory and legislative reform picks up, we are keenly looking forward to broadening our global ambitions by bringing our innovative discount club model to Americans. High Tide is already the fastest-g...