High Tide Opens New Cannabis Retail Store in Milton, Ontario


CALGARY, AB, Aug. 3, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that the Canna Cabana retail store located at 1155 Maple Avenue in Milton, Ontario, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 89th branded retail location across Canada, and 21st in Ontario, selling recreational cannabis products and consumption accessories. The new store is located within a popular commercial plaza and is poised to benefit from its proximity to a major cinema and  several leading national restaurant chains.   High Tide Inc. – August 3, 2021 (CNW Group/High Tide Inc.) “I am very excited that Canna Cabana is now represented in Milton, which is one of Canada’s fastest growing communities,” said Raj Grover, President and Chief Executive Officer of High Tide.  “With pandemic restrictions now easing in Ontario, we have begun accelerating our pace of new store build outs in Canada’s largest province,” added Mr. Grover.   About High Tide Inc. High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the most profitable Canadian retailer of recreational cannabis as measured by Adjusted EBITDA1, with 89 current locations spanning Ontario, Alberta, Manitoba and Saskatchewan.  High Tide’s retail segment features the Canna Cabana, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its established ecommerce platforms including Grasscity.com, Smokecartel.com and Dailyhighclub.com, and more recently in the hemp-derived CBD space through CBDcity.com and FABCBD.com as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide’s strategy as a parent company is to extend and strengthen its integrated value chain, while providing…

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Source : High Tide Opens New Cannabis Retail Store in Milton, Ontario

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