Alpine IQ Continues Growth Trajectory with High Tide Inc. Partnership
02 Dezember 2021 - 2:00PM
Alpine IQ, the leading data and marketing solutions provider for
cannabis retailers, today announced its partnership with High Tide
Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), North America’s first
Cannabis Discount Club retailer. High Tide tapped Alpine IQ to
power its loyalty program, leveraging the company’s robust suite of
tools to engage with customers, drive increased satisfaction, and
ultimately, repeat visits. With legal cannabis sales in Canada
expected to rise 68% to $5.4B in 2022, and with more consumers
turning to online ordering, Alpine IQ empowers dispensaries to meet
the demands of today’s consumer.
"HighTide continues to innovate with the first ever discount
member card across over 100 stores,” said Nicholas Paschal,
co-founder and CEO of Alpine IQ. “The R&D between our two
companies has made for an unreal partnership and this is just
another example of our mutual passion for the cannabis consumer
experience coming to life.”
Within two years, Alpine IQ has supported dispensaries with
various loyalty offerings including SMS Messaging, Native Apps,
Data Analysis and more, helping to facilitate more than $5.5
billion in transactions from coast to coast.
About Alpine IQ
Alpine IQ empowers the legal cannabis industry by providing
customer-focused technology to help retailers of all sizes resolve
growth challenges and generate revenue. The company provides
customers with the industry’s most extensive suite of tools to
protect, segment, and promote all in-store and online
operations.
About High Tide Inc.
High Tide is a leading retail-focused cannabis company with
bricks-and-mortar as well as global e-commerce assets. The Company
is the largest Canadian retailer of recreational cannabis as
measured by revenue, with 105 current locations spanning Ontario,
Alberta, Manitoba and Saskatchewan, and was featured in the third
annual Report on Business Magazine’s ranking of Canada’s Top
Growing Companies in 2021. The Company is also North America’s
first and only cannabis discount club retailer, featuring Canna
Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners,
with additional locations under development across the country.
High Tide has been serving consumers for over a decade through its
established e-commerce platforms including Grasscity.com,
Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more
recently in the hemp-derived CBD space through Nuleafnaturals.com,
FABCBD.com, BlessedCBD.co.uk, and CBDcity.com, as well as its
wholesale distribution division under Valiant Distribution,
including the licensed entertainment product manufacturer Famous
Brandz. High Tide’s strategy as a parent company is to extend and
strengthen its integrated value chain, while providing a complete
customer experience and maximizing shareholder value. Key industry
investors in High Tide include Tilray Inc. and Aurora Cannabis
Inc.
Media Contact:Joshua LevittPR for Alpine
IQjosh@fikacollective.com
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