High Tide Opens Canna Cabana in Owen Sound, Ontario

Published: May 3, 2024

High Tide Opens Canna Cabana in Owen Sound, Ontario

High Tide Inc., the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1660 20th Avenue East, Owen Sound, Ontario has begun selling recreational cannabis products and consumption accessories for adult use. This opening marks High Tide’s 169th Canna Cabana branded retail cannabis location in Canada, the 60th in the province of Ontario and the 1st in Owen Sound.

Owen Sound is located on an inlet of Georgian Bay on Lake Huron. The city was a major port on the shipping routes through the Great Lakes and has since been named “The Scenic City” for the picturesque waterfalls that surround it. This brand-new Canna Cabana is strategically located directly across from a power centre, which is anchored by an international discount retailer, and a major home improvement retailer amongst many other nationally recognized chains. It is also located next to an internationally renowned quick-service restaurant.

“I am thrilled to announce the opening of our first Canna Cabana in Owen Sound. This south-western Ontario city is a popular summer recreation spot, surrounded by beautiful waterfalls and hiking trails. This city is situated enroute to Sauble Beach, a major summertime tourist destination. We look forward to serving new ELITE and Cabana Club members running their daily errands in this major shopping node or loading up on supplies for a day at the beach through our innovative discount club model,” said Raj Grover, Founder and Chief Executive Officer of High Tide.

“The first few months of 2024 have been very exciting, as we’ve rolled out several Canna Cabana stores in premium retail locations across Ontario. Our consistent free cash flow generation is propelling us forward as we continue with our rapid expansion plans across the provinces where we operate, which will help to increase our market share throughout this year and beyond. We have many more exciting locations in our development pipeline, so stay tuned as we roll out these announcements in the coming weeks and months,” added Mr. Grover.

About High Tide
High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world’s most powerful plant and is the second-largest cannabis retailer in North America by store count1. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including: Bricks & Mortar Retail: Canna Cabana is the largest non-franchised cannabis retail chain in Canada, with 169 current locations spanning British ColumbiaAlbertaSaskatchewanManitoba and Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in North America.