High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (Frankfurt:2LY), an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories and cannabis lifestyle products, announced today that the Canna Cabana retail store located at Unit #130 11130 11 St. NE, in Calgary’s Country Hills neighbourhood, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 70th retail location across Canada selling recreational cannabis products and consumption accessories.
“The new store is part of our strategic plan to build scale and drive revenue growth by selectively opening new locations in neighbourhoods that aren’t over saturated with existing cannabis retail options,” said Raj Grover, President and Chief Executive Officer of High Tide. “As with all stores operating under the High Tide umbrella, this new location will follow our exclusive one-stop shop approach that allows consumers to purchase all of their cannabis and accessory needs under one roof,” added Mr. Grover.
The new Country Hills store continues to expand High Tide’s strong foothold in southern Alberta, one of Canada’s fastest growing population centres.