Cannabis
High Tide Announces Opening of 2nd KushBar Location Bringing its Total to 26 Branded Retail Cannabis Stores across Canada
High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (Frankfurt:2LY), 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 KushBar retail store located in Unit #7 at 8807 100th Street in Morinville (the “KushBar Store”) received its first delivery of cannabis products from Alberta Gaming, Liquor and Cannabis (“AGLC”) and today will begin selling recreational cannabis products and accessories. To celebrate the grand opening of this location, festivities will take place at the KushBar Store on Saturday, October 19th.
High Tide currently has 26 branded locations selling recreation cannabis products across Canada, inclusive of the KushBar Store. “Based on the early success of the first KushBar store opened in Camrose last month, we are excited to continue opening more locations across Alberta and bringing this modern retail experience to new customers,” said Raj Grover, President and Chief Executive Officer of High Tide. “Located just north of Edmonton, Morinville is a growing community and holds a unique place in the province. We look forward to being part of the community for the long term,” added Mr. Grover. The Company will soon have 30 branded retail cannabis locations across Canada, 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 secured and in-hand, with each location 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.
SOURCE High Tide Inc.
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