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High Tide Inc (CNSX:HITI) Cannabis Accessory Retailer Backed by Aurora Cannabis (TSE:ACB)
High Tide Inc (CNSX:HITI) (OTCMKTS:HTDEF) (FRA:2LY) is a cannabis accessory manufacturer and retailer. CEO Raj Grover explains that the company manufactures 75 percent of the products sold in its stores. High Tide has cornered the market on licensed accessories, producing and selling officially licensed Snopp Dogg and the Trailer Park Boys products. High Tide’s accessories are sold in 3000 stores worldwide and are available in 20 countries. High Tide’s Canna Cabana retail outlets are a one-stop shopping solution, selling accessories, merchandise and, in Alberta, cannabis. The company has signed deals to provide logistical support to Ontario retail lottery winners. In December, High Tide received a stamp of approval from Aurora Cannabis Inc (TSE:ACB) (NYSE:ACB) (FRA:21P), when the industry giant invested $10 million in the retail play. High Tide went public in December and has since doubled its share price.