High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that the Canna Cabana retail store located at 2318 Keele Street West in Toronto, Ontario, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 85th branded retail location across Canada, and 18th in Ontario, selling recreational cannabis products and consumption accessories. Located within walking distance of Toronto’s iconic Corsa Italia neighbourhood, the new store is poised to benefit from its location within a densely populated neighbourhood close to popular restaurants and shopping destinations.
“As Canada’s largest province, Ontario represents a huge organic growth opportunity for our business,” said Raj Grover, President and Chief Executive Officer of High Tide. “Although Ontario’s recently imposed pandemic related restrictions on construction are impacting the pace of store buildouts, we remain committed to our expansion strategy so that more and more Ontario customers can take advantage of our well established and differentiated one-stop shopping experience,” added Mr. Grover.