Cannabis
High Tide Continues Organic Growth with New Store in Martensville, Saskatchewan
High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that the Canna Cabana retail store located at 228 Centennial Drive N in Martensville, Saskatchewan, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 88th branded retail location across Canada, and fourth in Saskatchewan, selling recreational cannabis products and consumption accessories. The new store is poised to benefit from being close to several leading national restaurant and big box retail chains.
“Following our recent acquisition of a six store portfolio in Regina, and after having recently executed several accretive acquisitions designed to bolster our e-commerce presence in the United States, we remain committed to organic growth in Canada,” said Raj Grover, President and Chief Executive Officer. Customers in Martensville deserve to have access to a one stop shop for all of their cannabis and consumption accessory needs and I’m thrilled that as of today this is possible,” added Mr. Grover.
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