High Tide Announces the Opening of its Sixth and Seventh Canna Cabana Stores

Published: January 24, 2019

High Tide Announces the Opening of its Sixth and Seventh Canna Cabana Stores

High Tide Inc., an Alberta-based downstream cannabis corporation focused on the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, has opened two additional Canna Cabana retail stores in Alberta, the first being located at 10831 100 Street in Grande Prairie and the second being located at Unit 101, 3342 Parsons Road NW in Edmonton, thereby bringing its total number of Canna Cabana outlets to seven. The Locations have met all municipal business requirements and are approved to sell smoking accessories and cannabis lifestyle products while the temporary suspension of incremental cannabis retail licensing by Alberta Gaming, Liquor and Cannabis remains in effect.

Opening these Locations allows Canna Cabana employees to engage with the community, educate customers about cannabis and smoking accessories, as well as accept Health Canada-approved cannabis product packaging through the Company’s free in-store recycling program. “We have been operating as a manufacturer and retailer of cannabis accessories for ten years, and, as such, temporarily operating stores without cannabis is a perfect opportunity to leverage our strengths while we wait for the cannabis supply situation to improve,” said Raj Grover, President and Chief Executive Officer of High Tide. “By proceeding in this way, we are employing local staff, reducing waste through our recycling program and building customer and stakeholder relationships by communicating the values associated with the Canna Cabana brand,” added Mr. Grover.

In addition to its seven operating Canna Cabana stores, High Tide continues to move forward with its next 26 locations that are currently under various stages of construction. In total, the Company has 33 development permits for its Canna Cabana and KushBar retail cannabis stores across Alberta and expects to receive the four remaining development permits required to achieve the AGLC’s effective maximum of 37 retail cannabis locations in the province in the short-term.