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 Unit 1245 – 1230 11 Ave. SW, in Calgary’s Beltline neighbourhood, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 74th branded retail location across Canada selling recreational cannabis products and consumption accessories.
“While we aggressively pursue opportunities to expand the reach of our ancillary businesses in the United States and Europe, we also remain committed to growing our Canadian retail footprint,” said Raj Grover, President and Chief Executive Officer of High Tide. “As we continue to grow our presence in emerging markets, we intend to keep building on our Canadian momentum which is powered by our differentiated one-stop shop model that allows consumers to purchase all of their cannabis and accessory needs under one roof,” added Mr. Grover.
The new Beltline store, which is located within walking distance of Calgary’s Millenium Park, is part of the Company’s strategic plan to drive organic growth within Canada while pursuing acquisition opportunities in Canada, the United States, and Europe, that can be immediately accretive to shareholders.
