Tech Company Financing Transactions
High Tide Funding Round
High Tide closed a $19 million funding round on 9/19/2022. Backers included ConnectFirst Credit Union.
Transaction Overview
Company Name
Announced On
9/19/2022
Transaction Type
Debt
Amount
$19,000,000
Round
Undisclosed
Investors
ConnectFirst Credit Union (Lead Investor)
Proceeds Purpose
This Credit Facility from connectFirst will help us do exactly that and give us the ability to pour even more fuel on the fire.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
#112, 11127 15 STREET NE
CALGARY AB, AL T3K 2M4
CA
CALGARY AB, AL T3K 2M4
CA
Phone
Website
Email Address
Overview
Over a decade of experience in the cannabis industry has positioned High Tide Inc as a leading enterprise operating across Canada, Europe and The United States. Founded in 2009, our portfolio companies include the largest Canadian discount club retail cannabis chain, some of the most popular and leading CBD brands serving the U.S. and U.K., and 3 of the 5[1] most popular consumption accessories e-commerce platforms in the world. Combined, our online platforms saw over 100 million[2] site visits throughout 2020. In 2021, we were featured in the third annual Report on Business Magazine's ranking of Canada's Top Growing Companies. We've spent the last decade developing an intimate understanding of cannabis consumers and a suite of retail experiences to service their interests, uniquely positioning High Tide for international expansion through emerging legal markets..
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Raj Grover
Chief Financial Officer
Rahim Kanji
Chief Operating Officer
Aman Sood
Vice President
Joy Avzar
Vice President
Omar Khan
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