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 its new Canna Cabana retail store, located in the affluent Silverado neighbourhood of Calgary, has begun selling recreational cannabis products for adult use, and that an additional store located in Calgary’s Shawnessy neighbourhood will begin sales tomorrow. The new stores are located at 850 – 19369 Sheriff King Street SW and 130 – 296 Shawville Blvd SE, and represent High Tide’s 78th and 79thbranded retail locations across Canada selling recreational cannabis products and consumption accessories. The Silverado store, the first cannabis retail store within the neighbourhood, is situated in a popular retail plaza anchored by a major grocery chain while the Shawnessy location is in a power centre alongside major national retail brands.
“Both new stores will follow High Tide’s “one stop cannabis shop” differentiated model for all our customers’ cannabis and consumption accessory needs,” said Raj Grover, President and Chief Executive Officer of High Tide. “While Alberta remains a competitive market, our business strategy in the province focuses on continuing organic growth by opening new stores in underserviced neighbourhoods while offering price points and product offerings that appeal to a broad spectrum of consumers,” added Mr. Grover.
