High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories, announced today that its Canna Cabana retail cannabis stores located at 450 Garrison Road in Fort Erie, Ontario, and 1491 Innisfil Beach Road in Innisfil, Ontario, have begun selling recreational cannabis products for adult use. These openings bring High Tide’s total number of branded retail locations across Canada to 97, and 26 in Ontario, selling recreational cannabis products and consumption accessories. The new Canna Cabana store in Fort Erie is located at a prime position on Garrison Road, Fort Erie’s main commercial corridor, adjacent to a major grocery retailer and close to several national big-box chains, while the new store in Innisfil is well-positioned along one of the community’s main roads, alongside a major provincial liquor store chain and other national retailers.
“With the opening of the new Fort Erie and Innisfil locations we continue to broaden our Ontario footprint into strategic regional markets, with several additional openings slated to take us to thirty stores in Canada’s largest province over the coming days,” said Raj Grover, President and Chief Executive Officer of High Tide. “I am also delighted that the new locations will bring our signature one stop cannabis shop concept to customers in Fort Erie and Innisfil for the first time. Fort Erie fits well into our organic growth strategy as it is one of Niagara Region’s rapidly growing communities, and serves as a gateway for many American tourists crossing the Peace Bridge, while the new Innisfil location will benefit from its proximity to some of Ontario’s fastest growing residential neighbourhoods,” added Mr. Grover.
