High Tide Opens New Canna Cabana Store In Suburban Ottawa

High Tide Inc. December 19, 2022 (CNW Group/High Tide Inc.)

CALGARY, ABDec. 19, 2022 /PRNewswire/ – High Tide Inc. (“High Tide” or the “Company“) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its Canna Cabana retail cannabis store located at 1300 Main Street in the Ottawa, Ontario suburb of Stittsville, has begun selling recreational cannabis products and consumption accessories for adult use. This opening marks High Tide’s 145th Canna Cabana branded retail cannabis location in Canada and is the 47th store to open in Ontario. This store expands Canna Cabana’s reach into Ottawa’s suburbs which are known for their high concentration of well-paid technology sector and public service workers. The Stittsville location is anchored by a major discount retail chain and a well-known Canadian pharmacy chain. This location is also situated on the main local thoroughfare and is minutes away from a national grocery chain.

“I am pleased to announce the opening of our 47th Ontario store and our first in Stittsville, increasing the presence of our Canna Cabana brand in the nation’s largest province. Our shoppable retail layout and our unbeatable prices are well received, as evidenced by our rapidly growing Cabana Club membership in the Ottawa region and across Canada,” said Raj Grover, President and Chief Executive Officer of High Tide.

“The Ottawa region is a fantastic market for Canna Cabana, as our existing stores there have consistently outperformed our expectations. We continue to strategically expand our store footprint to get an even stronger foothold in successful markets like Ottawa. We will keep adding more stores in these high-performing locations at a rapid pace into 2023, taking our innovative discount club model to communities of all sizes across the nation,” added Mr. Grover.

SOURCE High Tide Inc.

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