High Tide Reports Annualized Revenue Run-Rate of $600 Million and Enters German Medical Cannabis Market

Reuters
2025.12.23 13:00
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High Tide Inc. announced its expansion into the German medical cannabis market by acquiring a majority stake in Remexian Pharma GmbH. The company reported an annualized revenue run-rate of $600 million and an Adjusted EBITDA run-rate of over $42 million for 2025. High Tide surpassed 200 Canna Cabana store locations and 2 million Canadian Cabana Club members, with cumulative sales exceeding $2 billion since cannabis legalization in Canada.