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High Tide Surpasses 1.5 Million Cabana Club Members
High Tide Surpasses 1.5 Million Cabana Club Members Canada NewsWire The Compa...
About this update from High Tide, Inc.
[{"type":"text","content":"\n\n\n\n High Tide Surpasses 1.5 Million Cabana Club Members\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n The Company Also Announces the Opening of a New Canna Cabana Store in\n \n\n\n Belleville, Ontario\n \n\n\n\n\n\n\n\n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Aug. 8, 2024\n \n\n /CNW/ - High Tide Inc. (\"\n \n High Tide\n \n \" or the\n \n \"Company\n \n \") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Cabana Club loyalty program has surpassed 1.5 million members across Canada.  Membership has increased 5% since\n \n June 13, 2024\n \n , when the Company reported Q2 2024 results. This represents an annual growth rate of 37%. More than 1.2 million members have joined the loyalty program since the Company unveiled its innovative discount club model in\n \n October 2021\n \n , an increase of more than 400% since its launch.\n \n\n\n\n\n\n\n\n\n \"I am thrilled that our first-of-its-kind discount club model in cannabis has grown by more than 400% in just a few short years.  This rapid surge in loyalty has resulted in our Canna Cabana store network generating more than 111% growth in same store sales since the launch of the discount club model. With our long-term goal of reaching at least 300 locations across\n \n Canada\n \n we believe our Cabana Club membership trajectory will keep growing to beyond 2 million members in the months and years to come,\" said Raj Grover, Chief Founder and Chief Executive Officer of High Tide.\n \n\n\n New\n \n Belleville Store\n \n\n\n\n The Canna Cabana retail cannabis store l...