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Tidal Royalty
A leading provider of royalty financing
About Tidal Royalty
Tidal Royalty Corp. was a Canadian company based in Vancouver, British Columbia. In April 2020, Tidal Royalty Corp. completed a business combination with MichiCann Medical Inc. and subsequently changed its name to Red White & Bloom Brands Inc. Following the merger, the company's stock began trading on the Canadian Securities Exchange under the ticker symbol 'RWB'. This strategic transaction expanded the company's footprint into Massachusetts, adding to its existing operations in Michigan and Illinois, and increasing its total cannabis cultivation capacity to over 4 million square feet. The assets from Tidal Royalty included three cannabis licenses for cultivation and processing, along with 2.8 acres of land.
The merged entity, Red White & Bloom, focuses on large-scale operations in states that offer significant returns. Its portfolio includes operating dispensaries, cultivation facilities, and a product line of vape cartridges and pre-packaged flower distributed throughout Michigan. In Illinois, the company operates a substantial 3.6 million square foot indoor CBD cultivation facility. However, the company, under its new name Red White & Bloom Brands Inc. (formerly Tidal Royalty Corp.), has been delinquent in its periodic filings with the U.S. Securities and Exchange Commission since its Form 20-F for the period ending December 31, 2020.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Toronto, Canada
- Employees
- 1
- Open positions
- None listed
- Dealroom signal
- 18.7/100
- Industry
- Fintech
- Sub-industry
- Mortgages & Lending, Wealth Management
- Sector
- Fintech
- Investment activity
- 2 companies, latest Nov 2018
- Capital deployed
- $13M
- Preferred round
- POST IPO EQUITY
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jun 2018 | $30M | $120M | Undisclosed | — |
Growth signals
Latest recorded traffic for Tidal Royalty is 120 monthly website visits, up 71.4% over the last three months. Tidal Royalty's team grew 0% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
HarborsideOakland, United StatesProvides the world’s best curated selection of award-winning flower, concentrates, edibles and other cannabis products
$20Mvaluation
Diem CannabisSalem, United StatesHigh-quality marijuana to both medical and recreational consumers
$50Mvaluation
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Tidal Royalty on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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