High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that its Canna Cabana cannabis retail store located at 148 West Drive in Brampton, Ontario, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 92nd branded retail location across Canada, and 22nd in Ontario, selling recreational cannabis products and consumption accessories. The new Canna Cabana store is High Tide’s first to open in Brampton, one of the fastest growing population centres in Canada, and is located inside a major power centre containing several national retail big box chains.
“The opening of the new Brampton store highlights our commitment to continued expansion in Canada’s largest province,” said Raj Grover, President and Chief Executive Officer of High Tide. “Despite running into delays in securing building permits due to the pandemic, we remain hopeful that High Tide will have 30 branded retail cannabis locations across Ontario by the end of September. We expect to continue expanding our retail portfolio in the province through both organic growth and strategic acquisitions in the coming months and look forward to hitting Ontario’s new 75 store cap that will come into effect next month,” added Mr. Grover.
