Canadian marijuana retailer and e-commerce platform supplier Excessive Tide on Tuesday introduced a three way partnership with Constructive Intent Occasions (PIE) to bolster its place in Canada’s creating hashish hospitality sector.
Excessive Tide, Canada’s largest marijuana retail chain with 183 shops, plans to develop retail experiences at occasions and venues whereas working with PIE to create further alternatives for hashish pop-ups throughout Canada, the corporate mentioned in a information launch.
“The alternatives maintain getting greater and higher for Excessive Tide,” founder and CEO Raj Grover mentioned in ready assertion.
The event comes about seven months after Alberta – Canada’s second largest adult-use market – permitted hashish gross sales at age-restricted occasions resembling music festivals and marijuana commerce reveals.
Each Excessive Tide and PIE are based mostly in Alberta.
In August, MJBizDaily reported that Excessive Tide finalized a credit score line of 15 million Canadian {dollars} ($10.9 million) from institutional collectors.
On the time, the operator mentioned it deliberate to make use of proceeds for debt compensation, enterprise improvement and common working-capital functions.