- High Tide (HITI) subsidiary Blessed CBD has initiated sales on Amazon U.K.
- Products include gummies, capsules and balms with additional listings forthcoming in the next few days
- The placement is in line with the company’s international expansion plans to solidify its distribution and market presence
- High Tide is Canada’s largest retailer of recreational cannabis measured by revenue
- High Tide (HITI) is down by 6.27 per cent trading at $2.84 per share
High Tide (HITI) subsidiary Blessed CBD has initiated sales on Amazon U.K.
Products include gummies, capsules and balms with additional listings forthcoming in the next few days.
The placement follows thorough compliance checks from Amazon and Blessed’s reception of a Novel Foods Authorization from the U.K.’s Food Standards Agency.
High Tide intends to continue strategic international expansion through new markets and distribution channels leveraging its expanding brand portfolio.
“Amazon is unmatched as a global online marketplace, and by joining their platform in the U.K., we are broadening Blessed’s reach and making our products accessible for many more consumers,” said Raj Grover, President and CEO of High Tide. “Today’s announcement is another example of the strength of High Tide’s diversified international cannabis ecosystem, as we are able to keep growing our presence and customer bases even in jurisdictions where cannabis is not yet legal.”
High Tide is a retail-focused cannabis company with brick-and-mortar as well as global e-commerce assets. The company is Canada’s largest retailer of recreational cannabis measured by revenue.
High Tide (HITI) is down by 6.27 per cent trading at $2.84 per share as of 12:58 pm EST.
