High Tide has placed on the 2025 Report on Business ranking of Canada’s Top Growing Companies, the cannabis company announced.
With a three-year revenue growth rate of 188 per cent, High Tide ranked No. 182 out of 400 companies listed. This follows the company’s 2024 ranking of 87th out of 417 companies, with a three-year growth rate of 486 per cent.
“For the fifth consecutive year, High Tide has been recognized by Report on Business as one of Canada’s Top Growing Companies. This achievement reflects our team’s hard work, the loyalty of our Cabana Club members, and the strength of our value-focused retail model,” said founder and CEO Raj Grover.
“While this recognition highlights the success of our Canadian operations to date, the recent closing of our majority acquisition of Remexian marks the beginning of an exciting new chapter for High Tide,” Grover said.
“By entering Europe’s largest cannabis market, this expansion will enhance our revenue profile, broaden our international footprint, and create new opportunities for long-term growth. As always, I extend my deepest gratitude to our entire team for continuing to drive value creation across everything we do.”
Canada’s Top Growing Companies was launched in 2019 to celebrate the achievements of innovative businesses in Canada. To qualify for this voluntary program, companies had to complete an in-depth application process and fulfill revenue requirements, High Tide said in a news release.
In total, 400 companies earned a spot on this year’s ranking. The full list of 2025 winners along with editorial coverage is published in the October issue of Report on Business magazine.
“Our annual ranking of Canada’s Top Growing Companies reflects the sector- spanning ingenuity of this country’s entrepreneurs and corporate leaders,” says Dawn Calleja, editor of Report on Business magazine. “And we think it’s important to tell their stories, to help inspire the next generation of up-and-comers across the country.”
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