Business
High Tide to Open Two New Canna Cabana Locations in Welland and Calgary
High Tide Inc. ("High Tide" or the "Company") (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 it has opened a new Canna Cabana branded location in Welland, Ontario, and expects to open an additional location in Calgary, Alberta. These openings bring High Tide's total store count to 224 Canna Cabana locations across Canada, 99 in the province of Ontario and 92 in the prov
About this update from High Tide, Inc.
CALGARY, AB, June 10, 2026 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (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 it has opened a new Canna Cabana branded location in Welland, Ontario, and expects to open an additional location in Calgary, Alberta. These openings bring High Tide's total store count to 224 Canna Cabana locations across Canada, 99 in the province of Ontario and 92 in the province of Alberta. "Our growth story continues to be driven by a simple formula: securing strategic real estate in high-potential markets and connecting more consumers to the value offered through our Cabana Club and ELITE programs. The addition of these locations further strengthens our network effect and expands our ability to acquire and retain loyal members across Canada," said Raj Grover, Founder and Chief Executive Officer of High Tide. "We are especially pleased to reinforce our leadership position in Alberta, where High Tide was founded, while continuing to grow our presence in Ontario. As our store network and membership ecosystem expand together, we believe we are creating a competitive moat that becomes stronger with every new location we open," added Mr. Grover. WELLAND LOCATION The Company's new Canna Cabana located at 960 Niagara Street in Welland, Ontario will begin selling recreational cannabis products and consumption accessories for adult use on June 10, 2026. Marking the Company's first store in the city of Welland, the location anchors a newly developed commercial node at the north end of the city alongside a major grocer and other popular retailers. It serves a growing trade area of more than 65,000 residents within five kilometers, and limited existing competition, positioning it as the most convenient cannabis retail option for residents in the north end of Welland. CALGARY LOCATION The Company's new Canna Cabana located at 16 MacEwan Drive NW in Calgary, Alberta is expected to begin selling recreational cannabis products and consumption accessories for adult use on June 26, 2026, pending regulatory approval. The store anchors a new retail node in northwest Calgary, with no direct cannabis competition in its immediate trade area and only limited competiti...