High Tide Subsidiary RGR Canada Receives Record Accessories Purchase Order from Aurora Cannabis

Published: November 13, 2018

High Tide Subsidiary RGR Canada Receives Record Accessories Purchase Order from Aurora Cannabis

High Tide Inc. announced that its wholly-owned subsidiary, RGR Canada Inc. recently received from Aurora Cannabis Inc. its largest ever wholesale purchase order for smoking accessories. This Order from Aurora is for a customized line of smoking accessories across multiple categories including bubblers, grinders, hand pipes, hemp wicks, sherlocks, vaporizers and water pipes. High Tide has commenced the process of converting its proprietary designs into manufactured products for its new client. Established in late 2010, RGR Canada currently manufactures over 3,000 different smoking accessories and lifestyle products and also distributes over 1,000 other SKUs from around the world.

“This record purchase order from Aurora is a major milestone for High Tide, a validation of our designs and the beginning of what we expect will be a very important business relationship for our Company,” said Raj Grover, President & Chief Executive Officer of High Tide. “There is no better company than Aurora to have as our largest customer to date, and we look forward to capitalizing on the increased recognition that this order brings to High Tide’s product offering to attract and drive additional growth.” Terry Booth, Chief Executive Officer of Aurora, added, “High Tide is a unique player with a very strong offering of high-quality accessories in the Canadian marketplace that is helping Aurora to differentiate itself even further through this exciting purchase of branded accessories.”

Since Bill C-45 was signed into law, RGR Canada has been accepting orders and receiving inquiries for smoking accessories and lifestyle products from retailers from around the world and the Company is currently in discussions with other large cannabis companies to create white-label products. High Tide’s other wholesale accessories subsidiary, Famous Brandz, also recently reported a significant achievement when it entered into an agreement to supply the Ontario Cannabis Store with a variety of smoking accessories from its “Famous X” line of products. High Tide’s retail cannabis subsidiaries, Canna Cabana and KushBar, currently have 28 development permits to open stores across Alberta, with the Company’s first Canna Cabana store opened in Calgary on October 27, 2018. As a result, High Tide is well positioned to continue serving a rapidly growing number of customers on both a wholesale and retail basis.