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 store located at 106 Silvercreek Parkway North in Guelph, Ontario, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 95th branded retail location across Canada, and 24th in Ontario, selling recreational cannabis products and consumption accessories. The new Canna Cabana store is High Tide’s second to open in Guelph, a fast-growing community in the heart of southern Ontario, and the first in the city which will operate under the Canna Cabana brand. It is strategically located alongside a major transportation corridor and is situated within a plaza anchored by a national pharmacy chain. The new store is also less than a 5 minute drive from Conestoga College’s Guelph Campus.
“With the opening of this new Guelph store we remain on track to launch several more locations in Ontario in quick succession over the next few weeks. We are excited to bring our unique one stop shop experience to the residents of Guelph through our signature Canna Cabana brand which has been very well received by customers across our national store network,” said Raj Grover, President and Chief Executive Officer of High Tide. “While we continue our rapid bricks and mortar expansion in Canada, we are also committed to the continued growth of our e-commerce portfolio. I look forward to sharing further news in this regard very soon,” added Mr. Grover.
