The newest Canna Cabana brings High Tide to a total of 30 branded locations selling recreation cannabis products across Canada.
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 #6128 at 403 Mackenzie Way SW in Airdrie (the "Airdrie Store") has received its first delivery of recreational cannabis products from Alberta Gaming, Liquor and Cannabis ("AGLC") and today will begin selling cannabis and accessories.
To celebrate its grand opening, festivities will take place at the Airdrie Store on Saturday, November 23rd.
High Tide currently has 30 branded locations selling recreation cannabis products across Canada, inclusive of the Airdrie Store. "As promised, High Tide has steadily executed on its growth plans to become the largest retailer of recreational cannabis in Alberta.'
By hitting the 30-store milestone, we continue to be a leading retailer in the country as well"Raj Grover, President and Chief Executive
"Airdrie is rapidly growing as a neighbouring community to the north of Calgary and we are excited to open this Canna Cabana store in this excellent location," added Mr. Grover.
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.
Separately, the Company recently authorized 4,500,000 warrants with an exercise price of $0.30 per share for issuance to various arm's length third parties as payment for capital markets advisory services.
Disclaimer: Past performance is not an indicator of future performance.
Disclaimer: past performance is not an indicator of future performance
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