High Tide secured this premium location organically without any acquisition costs, in a premier market with limited availability.
High Tide Inc. (CSE: HITI) a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, today announced that the Canna Cabana retail cannabis store located in Unit #L08/09 at 215 Banff Avenue in Banff, Alberta will be opening on Wednesday, August 12, 2020, after receiving its license from Alberta Gaming Liquor and Cannabis on August 6. The Banff Store marks the Company's 28th location in Alberta and 37th retail cannabis store across Canada.
This premium location was secured organically without any acquisition cost, and we are excited to bring our signature retail cannabis experience to this world-renowned tourist destination.Raj Grover, President and Executive Officer
"As one of only two locations on Banff Avenue, the Banff Store is a significant addition to the Company's retail portfolio. Canna Cabana is conveniently accessible to consumers directly from Banff Avenue, which is a unique opportunity to serve the four million tourists who visit Banff year-round, as well as local residents," said Raj Grover, President and Chief Executive Officer of High Tide.
To learn more about High Tide, visit the company HQ here.
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