High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, is pleased to announce that the Canna Cabana retail cannabis store located in Unit #2 at 2400 Guelph Line in Burlington, Ontario (the “Burlington Store”) will be opening on Wednesday, May 27, 2020. It marks the sixth branded Canna Cabana location in Ontario and the Company’s 35th retail cannabis store across Canada.
The city of Burlington, together with Oakville, Milton and Halton Hills, is part of the Regional Municipality of Halton that has a population in excess of 500,000 people. “Conveniently located in a shopping centre between the QEW and 407 highways, we are excited to open the Burlington Store and bring our signature Canna Cabana experience to new customers in the densely populated, west end of the Greater Toronto Area,” said Raj Grover, President and Chief Executive Officer of High Tide. The Burlington Store passed its pre-opening inspection on May 15, 2020, after receiving a Retail Store Authorization (“RSA”) from the Alcohol and Gaming Commission of Ontario on May 12, 2020, which was one of only 10 RSAs issued in the first half of May.
“We applaud the provincial government’s decision to re-open retail stores as of May 19, 2020 and our staff is looking forward to making recreational cannabis products and accessories available to consumers in Burlington and the surrounding areas,” added Mr. Grover. High Tide expects to open four additional locations by September 2020, thereby achieving the provincial maximum of 10 retail locations allowable per operator.
High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of cannabis lifestyle accessories.