High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that its new Canna Cabana retail store, located at 3505 Upper Middle Road, Unit D3, in Burlington, Ontario, has begun selling recreational cannabis products for adult use. The new store represents High Tide’s 80th branded retail location across Canada selling recreational cannabis products and consumption accessories, and the Company’s eighth new organically built store in the month of March alone. The new Burlington store is strategically located within a popular commercial plaza with a major grocery anchor and several national restaurant chains nearby.
“The new store is another step towards our commitment of reaching 30 branded retail locations within Ontario by September of this year. I am so proud of the work our team has put into launching eight new stores this month alone. March has been the busiest month in terms of new store openings since High Tide’s inception,” said Raj Grover, President and Chief Executive Officer of High Tide. “Continued expansion in Canada’s largest province remains a core part of High Tide’s organic growth strategy. We will continue to execute this strategy by bringing our one-stop cannabis shop concept to high traffic areas like the new Upper Middle Store in Burlington,” added Mr. Grover.