High Tide Expands Presence with Four New Canna Cabana Stores in Canada
High Tide Inc., a prominent name in the cannabis retail space, has recently announced an exciting expansion across Alberta and Ontario with plans to open four new Canna Cabana locations. This growth marks a significant milestone for the company as it brings the total number of Canna Cabana outlets to 215 nationwide, with 90 stores in Alberta and 92 in Ontario. The new locations are set to open in Calgary, Scarborough, Kitchener, and Nepean, showcasing High Tide's commitment to meeting consumer demand in key markets.
The new Canna Cabana store in Calgary is strategically positioned at 2525 Bridlecrest Way SW and is expected to start operations on November 13, 2025. This location is special since it will serve an area of Calgary that previously lacked access to cannabis retail. Nestled in a neighborhood plaza filled with popular brands and amenities, the Calgary store aims to capture a significant market share in this high-growth area while fostering customer loyalty in the rapidly expanding community.
Following closely is the Scarborough location, set to open on November 17, 2025, at 2000 Eglinton Avenue East. This store benefits from exceptional visibility and a prime spot on the Golden Mile shopping strip. With its close proximity to major retailers, including a discount club grocer and a national pet store, High Tide anticipates consistent foot traffic, making it a strategic addition to the Canna Cabana brand.
Another opening in Ontario will take place in Kitchener at 875 Highland Road West, expected to launch operations on November 18, 2025. This store is located within a bustling commercial center, anchored by a national grocery chain and other crucial retailers. Given the attracting retail landscape and limited competition in the area, this new store positions Canna Cabana to effectively capture a growing market share in Kitchener as cannabis demand surges.
The final location set to open is in Nepean, specifically at 1831 Robertson Road, with a launch date of November 20, 2025. This new Canna Cabana outlet addresses a thriving suburban market in Ottawa. Situated in a busy commercial plaza and benefitting from visibility near the main thoroughfare, the Nepean store is poised to attract a steady stream of customers, further solidifying High Tide's presence in this dynamic area.
High Tide’s CEO, Raj Grover, shared insights on the company’s growth strategy, noting that the achievement of 215 Canna Cabana locations almost entirely through organic growth is a testament to their disciplined approach to capital allocation and market selection. With this year alone seeing the opening of 24 new locations thus far, High Tide is optimistic about finishing strong in 2025 with a target of 20 to 30 new stores.
In addition to the positive news surrounding new store openings, High Tide announced the grant of 61,000 incentive stock options to various employees. This move is part of their Omnibus Plan, which aligns employee incentives with the company's growth trajectory, further fostering a culture of success.
Founded to capitalize on the growth potential of the cannabis industry, High Tide Inc. has established itself as a major player by prioritizing customer needs and fostering community relationships. With a diverse portfolio that includes retail outlets and e-commerce platforms, High Tide is dedicated to delivering real-world value across every aspect of the cannabis sector. The Canna Cabana brand stands out as a leading name in the retail cannabis market.
To learn more about High Tide's initiatives and growth, you can visit their official website at www.hightideinc.com. Investors can also check their profiles on SEDAR+ and EDGAR for detailed investment performance insights.
This expansion plan not only fulfills a growing market demand but also emphasizes High Tide's robust execution strategy as they continue to make waves in the cannabis retail landscape.
Calgary Location
The new Canna Cabana store in Calgary is strategically positioned at 2525 Bridlecrest Way SW and is expected to start operations on November 13, 2025. This location is special since it will serve an area of Calgary that previously lacked access to cannabis retail. Nestled in a neighborhood plaza filled with popular brands and amenities, the Calgary store aims to capture a significant market share in this high-growth area while fostering customer loyalty in the rapidly expanding community.
Scarborough Location
Following closely is the Scarborough location, set to open on November 17, 2025, at 2000 Eglinton Avenue East. This store benefits from exceptional visibility and a prime spot on the Golden Mile shopping strip. With its close proximity to major retailers, including a discount club grocer and a national pet store, High Tide anticipates consistent foot traffic, making it a strategic addition to the Canna Cabana brand.
Kitchener Location
Another opening in Ontario will take place in Kitchener at 875 Highland Road West, expected to launch operations on November 18, 2025. This store is located within a bustling commercial center, anchored by a national grocery chain and other crucial retailers. Given the attracting retail landscape and limited competition in the area, this new store positions Canna Cabana to effectively capture a growing market share in Kitchener as cannabis demand surges.
Nepean Location
The final location set to open is in Nepean, specifically at 1831 Robertson Road, with a launch date of November 20, 2025. This new Canna Cabana outlet addresses a thriving suburban market in Ottawa. Situated in a busy commercial plaza and benefitting from visibility near the main thoroughfare, the Nepean store is poised to attract a steady stream of customers, further solidifying High Tide's presence in this dynamic area.
Strategic Growth
High Tide’s CEO, Raj Grover, shared insights on the company’s growth strategy, noting that the achievement of 215 Canna Cabana locations almost entirely through organic growth is a testament to their disciplined approach to capital allocation and market selection. With this year alone seeing the opening of 24 new locations thus far, High Tide is optimistic about finishing strong in 2025 with a target of 20 to 30 new stores.
Stock Options Announcement
In addition to the positive news surrounding new store openings, High Tide announced the grant of 61,000 incentive stock options to various employees. This move is part of their Omnibus Plan, which aligns employee incentives with the company's growth trajectory, further fostering a culture of success.
About High Tide Inc.
Founded to capitalize on the growth potential of the cannabis industry, High Tide Inc. has established itself as a major player by prioritizing customer needs and fostering community relationships. With a diverse portfolio that includes retail outlets and e-commerce platforms, High Tide is dedicated to delivering real-world value across every aspect of the cannabis sector. The Canna Cabana brand stands out as a leading name in the retail cannabis market.
To learn more about High Tide's initiatives and growth, you can visit their official website at www.hightideinc.com. Investors can also check their profiles on SEDAR+ and EDGAR for detailed investment performance insights.
This expansion plan not only fulfills a growing market demand but also emphasizes High Tide's robust execution strategy as they continue to make waves in the cannabis retail landscape.
Topics Consumer Products & Retail）
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