High Tide Inc., a leading player in the retail cannabis market, has unveiled plans to open three new Canna Cabana stores in Ontario and Alberta. This strategic move will not only boost the company's presence but also increase its total count of Canna Cabana locations to 210 across Canada. The new stores will be situated in North York and Etobicoke in Ontario, as well as Fort McMurray in Alberta.
According to Raj Grover, the Founder and CEO of High Tide, this expansion is driven by a strong profit model, enabling the company to fund its growth through internal means. This approach allows High Tide to avoid relying on external capital. Grover emphasized that their strategy involves securing prime commercial real estate in high-growth markets, which is evident in the choice of locations for the new stores. Each of these cities presents robust potential for revenue and customer engagement, making them key areas for the company's growth strategy.
New Canna Cabana Locations
North York, Ontario
The new Canna Cabana in North York will open its doors on September 26, 2025. Located at 1448 Lawrence Avenue East, this site is positioned within a popular shopping center, making it easily accessible for locals and compatible with the area’s demographics. Situated at a major intersection, the store is placed to attract significant foot traffic, ensuring it becomes a key player in the community's recreational cannabis market.
Etobicoke, Ontario
Following closely, the Canna Cabana in Etobicoke is set to begin operations on September 27, 2025, at 1020 Islington Avenue. This location is strategically placed along a bustling traffic route, providing excellent visibility to the daily commuters. The store is ideally positioned to cater to both local residential neighborhoods and nearby business parks, granting access to a diverse customer base and a reliable influx of daytime visitors.
Fort McMurray, Alberta
The Fort McMurray Canna Cabana, located at 10024 Franklin Avenue, is scheduled to open on September 29, 2025. This location aims to serve the downtown core and will benefit from its proximity to various hotels and attractions, appealing to both locals and visitors. Fort McMurray's unique demographic of year-round and seasonal workers aligns well with the offerings of Canna Cabana.
Overview of High Tide
High Tide Inc. prides itself on being a retail-forward cannabis company, fully integrated across all components of the cannabis industry. Canna Cabana, its flagship brand, has rapidly ascended to become the second-largest cannabis retail outlet globally. Currently boasting a market share of 12% in Canada, Canna Cabana stands as the largest cannabis retailer within the country, with plans to further broaden its reach. Additionally, High Tide maintains e-commerce platforms specializing in accessories and hemp-derived products. Recognized as one of Canada’s top-growing companies for multiple years, the firm is on a trajectory of consistent growth. As High Tide continues to execute its expansion strategy, industry observers await further announcements regarding new locations in the pipeline. To learn more about High Tide and its endeavors, visit
www.hightideinc.com.