High Tide Management
Management criteria checks 3/4
High Tide's CEO is Raj Grover, appointed in Feb 2018, has a tenure of 6.25 years. total yearly compensation is CA$1.71M, comprised of 32.1% salary and 67.9% bonuses, including company stock and options. directly owns 8.44% of the company’s shares, worth $14.74M. The average tenure of the management team and the board of directors is 3.4 years and 5.6 years respectively.
Key information
Raj Grover
Chief executive officer
CA$1.7m
Total compensation
CEO salary percentage | 32.1% |
CEO tenure | 6.3yrs |
CEO ownership | 8.4% |
Management average tenure | 3.4yrs |
Board average tenure | 5.6yrs |
Recent management updates
Recent updates
High Tide's NuLeaf Naturals multicannabinoid products available for sale in Ontario
Oct 18High Tide to acquire Jimmy's Cannabis Shop BC for $5.3M
Sep 29High Tide GAAP EPS of -C$0.05, revenue of C$95.35M
Sep 14High Tide gets access to C$19M credit facility
Aug 18High Tide undertakes control of Three Kushbar locations in Alberta
Jul 28High Tide to raise C$10M in equity offering
Jul 19High tide opens first canna cabana store in British Columbia
Jul 13High Tide to acquire 9 retail cannabis stores from Choom for C$5.1M
Jul 07High Tide opens new Canna Cabana store in Sherwood Park
Jun 30'We Don't Need Legalization' - High Tide CEO Raj Grover
May 19Cannabis Retailer High Tide Reports 99% Revenue Growth For Q3 2021
Sep 22High Tide: Overlooked Canadian Cannabis Stock
Jul 01High Tide Will Continue Delivering Superior Returns
Jun 22CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jan 31 2024 | n/a | n/a | -CA$36m |
Oct 31 2023 | CA$2m | CA$550k | -CA$39m |
Jul 31 2023 | n/a | n/a | -CA$63m |
Apr 30 2023 | n/a | n/a | -CA$61m |
Jan 31 2023 | n/a | n/a | -CA$68m |
Oct 31 2022 | CA$751k | CA$450k | -CA$72m |
Jul 31 2022 | n/a | n/a | -CA$22m |
Apr 30 2022 | n/a | n/a | -CA$21m |
Jan 31 2022 | n/a | n/a | -CA$25m |
Oct 31 2021 | CA$2m | CA$330k | -CA$34m |
Jul 31 2021 | n/a | n/a | -CA$32m |
Apr 30 2021 | n/a | n/a | -CA$27m |
Jan 31 2021 | n/a | n/a | -CA$19m |
Oct 31 2020 | CA$521k | CA$311k | -CA$6m |
Jul 31 2020 | n/a | n/a | -CA$20m |
Apr 30 2020 | n/a | n/a | -CA$28m |
Jan 31 2020 | n/a | n/a | -CA$26m |
Oct 31 2019 | CA$699k | CA$284k | -CA$26m |
Jul 31 2019 | n/a | n/a | -CA$15m |
Apr 30 2019 | n/a | n/a | -CA$12m |
Jan 31 2019 | n/a | n/a | -CA$9m |
Oct 31 2018 | CA$527k | CA$255k | -CA$5m |
Compensation vs Market: Raj's total compensation ($USD1.25M) is about average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Raj's compensation has increased whilst the company is unprofitable.
CEO
Raj Grover (41 yo)
6.3yrs
Tenure
CA$1,711,380
Compensation
Mr. Harkirat Grover also known as Raj, is Founder, Chief Executive Officer, President of High Tide Inc. since February 08, 2018 and serves as its Director since February 08, 2018 and serves as Executive Ch...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 6.3yrs | CA$1.71m | 8.44% CA$ 14.7m | |
Chief Operating Officer | 3.2yrs | CA$480.53k | 0.064% CA$ 112.4k | |
Chief Communications & Public Affairs Officer | 3.3yrs | CA$335.88k | 0.011% CA$ 20.0k | |
Chief Marketing Officer | less than a year | CA$384.23k | 0.045% CA$ 78.2k | |
VP & Legal Counsel | 3.5yrs | CA$253.00k | 0.0058% CA$ 10.1k | |
Vice President of Human Resources | no data | no data | no data | |
Secretary & Treasurer | 5.4yrs | no data | no data | |
Director of Corporate Governance | no data | no data | no data |
3.4yrs
Average Tenure
Experienced Management: HITI's management team is considered experienced (3.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 6.3yrs | CA$1.71m | 8.44% CA$ 14.7m | |
Independent Director | 5.8yrs | CA$328.22k | 0.21% CA$ 374.1k | |
Independent Director | 5.6yrs | CA$408.98k | 0.24% CA$ 417.3k | |
Independent Director | 3.3yrs | CA$285.47k | 0.12% CA$ 211.4k | |
Independent Director | 3.5yrs | CA$282.75k | 0.12% CA$ 204.9k |
5.6yrs
Average Tenure
52yo
Average Age
Experienced Board: HITI's board of directors are considered experienced (5.6 years average tenure).