Cannabis: What Happens In 2022 | CEO Raj Grover
High Tide Inc.(CVE: HITI) (NASDAQ: HITI), a retail-focused cannabis company engaged in the manufacturing and distribution of consumption accessories, is experiencing substantial growth. Driven by strategic acquisitions and rapidly rising store counts, High Tide is registering near triple-digit yearly revenue increases year-over-year—and the growth trajectory heading into 2022 is still very much intact. We interviewed CEO Raj Grover to explain his company’s ongoing success.
Since its founding in 2009, High Tide has become a leader in Canadian bricks-and-mortar cannabis retail and carved out a primary position in the North American and European e-commerce space for hemp-derived CBD and consumption accessories. Their portfolio companies include Canada’s largest discount club retail cannabis chain, several popular and leading CBD brands serving the U.S. and U.K. Combined, online site visits throughout 2020 grew to over 100 million consumers—a number that’s poised to rise sharply in 2021.
1:06 Sentiment Wise Today For The Industry
2:34 Where Are We Right Now
5:16 Business Model In Germany
6:17 German Market Expansion
8:13 Mergers And Acquisitions: Is That A Focal Point? And Has There Been Any Conversations?
10:36 Ecommerce: Big Role In This Industry
12:35 What NuLeaf Can Do
15:30 Proper Research Is Being Done Now
15:42 NuLeaf Acquisition Advantages When It Comes To FDA & Well Positioned Within The Cannabis Market
We are a business news platform that provides the latest and best insight on the stories making headlines around the world. We give Institutional and retail investors an inside edge in the competitive world of investing and profile companies that are making waves in their ever-growing industries.
Connect with us on our social media handles: