High Tide Secures Spot on Canada’s Top Growing Companies List
For the sixth consecutive year, Calgary-based High Tide Inc. has been named to the Globe and Mail’s Report on Business ranking of Canada’s Top Growing Companies. The retailer secured the 315th position out of 375 listed firms, fueled by a three-year revenue growth rate of 66% recorded through 2025.
The recognition underscores a period of significant expansion for the cannabis enterprise. Beyond revenue gains, the company reported a 161% increase in Adjusted EBITDA during the same three-year window. Raj Grover, founder and CEO of High Tide, credited the consistent performance to the disciplined scaling of the Canna Cabana retail chain, which now operates 232 locations across Canada.
Looking toward future performance, the company is trending toward an $800 million annualized revenue run rate. Operations are also diversifying internationally, with the German pharmaceutical subsidiary Remexian Pharma GmbH emerging as a core growth driver. Having established a foothold in the German medical cannabis market, the firm intends to leverage its existing infrastructure to maintain momentum in both domestic and European sectors.
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