#Canada #Cannabis Retail #High Tide #Canna Cabana #Calgary, Brantford

High Tide Expands Canna Cabana with New Store Openings

High Tide Inc., a leading retail enterprise in the cannabis sector, has made significant strides in expanding its footprint with the announcement of two new Canna Cabana locations. One store is set to begin operations in Brantford, Ontario, on May 20, 2025, while the other will open in Calgary, Alberta, on May 23, 2025. This expansion brings the total number of Canna Cabana stores across Canada to an impressive 199.

Brantford Location Details

The new Canna Cabana in Brantford is strategically located at 300 King George Road within the bustling Brantford Commons shopping plaza. This venue provides an excellent opportunity to serve a population exceeding 110,000, marking it as Canna Cabana's inaugural store in the city. Situated alongside well-known co-tenants, including national grocery brands, liquor stores, and a cinema, this location faces minimal competition, creating an ideal environment for establishing a strong market presence.

West Springs Location Details

In Calgary, the West Springs store resides at 722 85th Street SW, positioned on Old Banff Coach Road. This site is situated in a rapidly developing area surrounded by new residential communities, significantly bolstering its potential customer base. The retail outlet is situated within a vibrant shopping plaza that features well-known co-tenants such as a liquor store and various fast-food restaurants. Notably, the absence of direct competitors in a 4-kilometer radius enhances the opportunity for market capture, with the surrounding population exceeding 46,000.

CEO's Vision

Raj Grover, the Founder and CEO of High Tide, expressed enthusiasm about these new store openings. He explained, "We continue to strategically reinvest our profits to expand High Tide's bricks-and-mortar footprint in markets where we see strong, long-term potential. The Brantford location gives us a foothold in a well-established retail plaza with national co-tenants, while our West Springs store benefits from extremely favorable competitive demographics, with no direct competition for over four kilometers."

Continuing to emphasize their positive trajectory, Grover added, "Our team is working hard to accelerate our store rollout as we close in on the significant milestone of 200 Canna Cabana locations across Canada. Many more exciting, organically sourced locations are currently under construction, which we look forward to announcing throughout the remainder of this calendar year."

About High Tide

High Tide, Inc. stands as a pioneering community-driven, retail-oriented cannabis enterprise dedicated to capturing every element of cannabis consumerism. As the second-largest cannabis retailer worldwide by store count, High Tide's fundamental vision is centered around the cannabis consumer. With Canna Cabana as the largest cannabis retail chain in Canada, operating across provinces such as British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario, these new openings exhibit the company’s commitment to growth and market leadership.

Furthermore, High Tide showcases innovation with its automated retail technology, Fastendr™, which enhances the shopping experience by facilitating browsing, ordering, and pickup through kiosks. They also operate a wide range of leading e-commerce accessory platforms and seek to expand into the CBD market via Nuleafnaturals.com and their other brands.

High Tide's unwavering commitment to growing cannabis culture and establishing fresh partnerships is evident from their accolades as one of Canada’s Top Growing Companies. They have been recognized for their expanding retail operations and innovative practices in the cannabis industry.

For more information about High Tide and their mission, explore their official website at www.hightideinc.com. Understanding their investment performance is made simple by visiting their profiles on SEDAR+ and EDGAR for more insights into stakeholders’ expectations and market dynamics.