The retail-focused cannabis corporation expands with the opening of two new retail locations
High Tide Inc, an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that the Canna Cabana location in Unit #130 at 6751 50 Avenue in Red Deer and the KushBar location in Unit #103 at 7701 44 Street in Lloydminster (the "New Stores") received their first deliveries of recreational cannabis products from Alberta Gaming, Liquor and Cannabis ("AGLC") and today will begin selling cannabis and accessories.
To celebrate each of their grand openings, festivities will take place at the New Stores on Saturday, November 9th.
High Tide currently has 29 branded locations stores selling recreation cannabis products across Canada, inclusive of the New Stores. "Adding this Gaetz Avenue location to our other store on Gasoline Alley provides the residents of Red Deer with two great options to enjoy the customer-focused Canna Cabana retail experience," said Raj Grover, President and Chief Executive Officer of High Tide.
Based on the warm reception to the KushBar banner in Camrose and Morinville so far, opening this third location in Lloydminster is also an exciting development for our company and customers alike," added Mr Grover.
High Tide is expected to have 30 branded retail cannabis locations across Canada this month, barring any changes to the current rate of licensing by AGLC.
The development permits for the remaining Canna Cabana and KushBar stores needed to achieve the AGLC's maximum of 42 are currently under various stages of development and construction. Outside of Alberta, High Tide currently has a Canna Cabana retail cannabis store in Swift Current, Saskatchewan, along with 3 branded locations in Hamilton, Sudbury and Toronto, Ontario.
Disclaimer: Past performance is not an indicator of future performance.
Disclaimer: past performance is not an indicator of future performance
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