Tracked deals
5
5 tracked deals across 2021-2026.
Public Company
Consumer
High Tide
Calgary, Alberta, Canada
High Tide is the leading community-grown, retail-forward cannabis enterprise with retail-forward models, subscriptions, consumption accessories, and broader cannabis and CBD-related offerings.
- Focus Areas
- Cannabis retail, E-commerce cannabis, CBD and hemp-derived products
- Website
- hightideinc.com
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
5 buyout
High Tide Acquisition Volume by Year
Last 4 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- High Tide Inc.
- Target
- J. Supply Holdings Inc. (operating as Northern Helm)
- Industry
- Consumer Products
- Location
- Ontario, Canada
- Type
- Buyout
High Tide Inc. completed the acquisition of 100% of the equity interest of J. Supply Holdings Inc., operating as Northern Helm, adding four established retail cannabis stores in Ontario. The stores were acquired for $7.77 million and bring High Tide’s total Canadian retail footprint to 228 locations, including 103 in Ontario.
-
March 15, 2024
- Buyer
- High Tide Inc.
- Target
- Queen of Bud
- Seller
- Queen of Bud (founder Ashley Newman)
- Industry
- Consumer Products
- Location
- Alberta, Canada
- Type
- Buyout
High Tide Inc. has entered into a definitive agreement to acquire all intellectual property and related assets of the Canadian cannabis brand Queen of Bud for CA$1,000,000 (CA$100,000 cash and the remainder in High Tide common shares). Queen of Bud's founder Ashley Newman will remain involved as Global Brand Ambassador as High Tide integrates the brand into its in-house portfolio to expand its consumer product and ancillary offerings domestically and internationally.
-
March 30, 2022
- Buyer
- High Tide Inc.
- Target
- Livonit Foods Inc. (operating as Bud Heaven)
- Seller
- Livonit Foods Inc. (Bud Heaven), J. Stevens (President & Founder)
- Industry
- Retail
- Location
- Ontario, Canada
- Type
- Buyout
High Tide Inc. agreed to acquire 100% of Livonit Foods Inc., which operates two Bud Heaven retail cannabis stores in Bracebridge, Ontario, for CAD$2.8 million paid in High Tide common shares. The acquisition expands High Tide's Canna Cabana footprint into Muskoka (cottage country), adding stores that generated CAD$4.7 million (annualized) and CAD$0.8 million adjusted EBITDA (annualized) for the three months ended Oct. 31, 2021; the deal is subject to customary regulatory approvals.
-
- Buyer
- High Tide Inc.
- Target
- Crossroads Cannabis
- Seller
- Robert Rowe (Sole Proprietor of Crossroads)
- Industry
- Retail
- Location
- Ontario, Canada
- Type
- Buyout
High Tide Inc. agreed to acquire four operating Crossroads Cannabis retail stores in Ontario (Stratford, Woodstock, Hanover and Markdale) for CAD$2.5 million, paid in common shares. The stores generated CAD$7.6 million (annualized) and CAD$0.7 million annualized Adjusted EBITDA for the three months ended December 31, 2021; the purchase price represents ~3.5x annualized Adjusted EBITDA and expands High Tide's Ontario footprint.
-
- Buyer
- High Tide Inc.
- Target
- Fab Nutrition, LLC (FABCBD)
- Seller
- Fab Nutrition founder (Josh Delaney)
- Industry
- E-Commerce
- Location
- Wisconsin, United States
- Type
- Buyout
High Tide Inc. completed the acquisition of an 80% interest in Fab Nutrition, LLC (operating as FABCBD) for US$20.64 million, paid with cash and High Tide common shares, with a three-year option to acquire the remaining 20%. The deal includes an earn-out tied to 2021 gross revenues and put/call options on the remaining equity, and is intended to expand High Tide’s presence in the U.S. e‑commerce market for hemp‑derived CBD products.
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