--- title: High Tide Cannabis Co. Ranks Among Top Growing Businesses In Canada In 2024 description: High Tide Inc. HITI, a retail-driven cannabis company, announced Friday that it placed No. 87 out of 417 companies listed on the 2024 Report on Business ra image: https://420intel.com/hubfs/Imported_Blog_Media/austin-distel-rxpThOwuVgE-unsplash.jpg --- [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) ### Press ESC to close [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) # High Tide Cannabis Co. Ranks Among Top Growing Businesses In Canada In 2024 - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - [Cannabis Jobs](https://420intel.com/blog/tag/cannabis-jobs) - 30 September 2024 High Tide Inc. HITI, a retail-driven cannabis company, announced Friday that it placed No. 87 out of 417 companies listed on the 2024 Report on Business ranking of Canada's Top Growing Companies. High Tide achieved an impressive three-year revenue growth rate of 486%. This consistent growth earned the company a place in the index for the 4th year in a row. ### **Consistent Growth In A Competitive Market** High Tide’s ranking in 2024 follows its 2023 achievement, where it placed 38th with a remarkable growth rate of 1,040%. This consistent upward trajectory can be attributed to the company’s strong retail strategy and operational success. CEO **Raj Grover** highlighted the success. “Our aggressive top-line growth is being translated into free cash flow generation.” This growth allowed High Tide to expand its retail presence, **capturing 12% of the market share in five Canadian provinces**. High Tide's annualized run rate now exceeds $525 million, with net income reaching $0.8 million in the last quarter. In addition to dominating the Canadian market, High Tide is looking to expand internationally. The company has set its sights on emerging cannabis markets in Germany and the United States. [By Rolando Garcia](https://www.benzinga.com/markets/cannabis/24/09/41077842/high-tide-cannabis-co-ranks-among-top-growing-businesses-in-canada-in-2024) **For more Cannabis News like this, circle back to **[**420intel.com**](https://420intel.com/)**!** [**420 Intel News**](https://420intel.com/content/about-us)** | **[**420 Advertising**](https://420intel.com/contact/advertising_opportunities)** | **[**Cannabis Business News**](https://420intel.com/articles/marijuana-business-news)** | **[**Medical Marijuana News**](https://420intel.com/articles/medical-cannabis-news)** | **[**Recreational Marijuana News**](https://420intel.com/articles/recreational-marijuana-news) [Cannabis Jobs](https://420intel.com/blog/tag/cannabis-jobs) ![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=200&height=200&name=Buzz-No%20Outline-2.png) #### [Buzz](https://420intel.com/blog/author/buzz) At 420 Intel, we cover cannabis legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between. - - - [Cannabis Technology News](https://420intel.com/blog/tag/cannabis-technology-news) [![Elon Musk's X Is 'Safe Space' To Say Weed: 'The Only Social Platform Where You Can Talk About Cannabis Openly'](https://420intel.com/hs-fs/hubfs/AdobeStock_400010219.jpg?width=550&height=395&name=AdobeStock_400010219.jpg)](https://420intel.com/blog/elon-musks-x-is-safe-space-to-say-weed-the-only-social-platform-where-you-can-talk-about-cannabis-openly) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 9 October 2024 #### [Elon Musk's X Is 'Safe Space' To Say Weed: 'The Only Social Platform Where You Can Talk About Cannabis Openly'](https://420intel.com/blog/elon-musks-x-is-safe-space-to-say-weed-the-only-social-platform-where-you-can-talk-about-cannabis-openly) The head of cannabis at X shares the vision of the platform and the opportunity for cannabis... [Medical Cannabis News](https://420intel.com/blog/tag/medical-cannabis-news) [![Trulieve Opens Fifth Medical Cannabis Dispensary in Georgia](https://420intel.com/hs-fs/hubfs/Imported_Blog_Media/Trulieve%20Opens%20Fifth%20Medical%20Cannabis%20Dispensary%20in%20Georgia.jpg?width=550&height=395&name=Trulieve%20Opens%20Fifth%20Medical%20Cannabis%20Dispensary%20in%20Georgia.jpg)](https://420intel.com/blog/trulieve-opens-fifth-medical-cannabis-dispensary-georgia) - [Admin](https://420intel.com/blog/author/admin) - 7 March 2024 #### [Trulieve Opens Fifth Medical Cannabis Dispensary in Georgia](https://420intel.com/blog/trulieve-opens-fifth-medical-cannabis-dispensary-georgia) Trulieve Opening Medical Cannabis Dispensary in Evans. Trulieve Cannabis Corp ("Trulieve" or "the... [Cannabis Politics](https://420intel.com/blog/tag/cannabis-politics) [![Trulieve announces opening of 4th Medical Cannabis dispensary in Georgia](https://420intel.com/hs-fs/hubfs/Imported_Blog_Media/Trulieve%20announces%20opening%20of%204th%20Medical%20Cannabis%20dispensary%20in%20Georgia.jpg?width=550&height=395&name=Trulieve%20announces%20opening%20of%204th%20Medical%20Cannabis%20dispensary%20in%20Georgia.jpg)](https://420intel.com/blog/trulieve-announces-opening-4th-medical-cannabis-dispensary-georgia) - [Admin](https://420intel.com/blog/author/admin) - 7 March 2024 #### [Trulieve announces opening of 4th Medical Cannabis dispensary in Georgia](https://420intel.com/blog/trulieve-announces-opening-4th-medical-cannabis-dispensary-georgia) Trulieve Cannabis Corp, a leading and top-performing cannabis company in the United States, today... - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/420intel) - [Follow us on Twitter](https://twitter.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) Back to Top ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Buzz", "url" : "https://420intel.com/blog/author/buzz" }, "dateModified" : "2025-06-02T12:43:04.102Z", "datePublished" : "2024-09-30T04:15:00.000Z", "headline" : "High Tide Cannabis Co. Ranks Among Top Growing Businesses In Canada In 2024", "image" : [ "https://420intel.com/hubfs/Imported_Blog_Media/austin-distel-rxpThOwuVgE-unsplash.jpg" ], "mainEntityOfPage" : { "@id" : "https://420intel.com/blog/high-tide-cannabis-co-ranks-among-top-growing-businesses-canada-2024", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://420intel.com/hubfs/Asset%2016.png" }, "name" : "420 Intel" } } ```