High Tide to Open Three New Canna Cabana Locations Across Ontario and Alberta
High Tide Inc. (NASDAQ: HITI) announced the opening of three new Canna Cabana retail locations in North York, Etobicoke, and Fort McMurray. The expansion brings the company's total store count to 210 locations across Canada, with 89 in Alberta and 88 in Ontario.
The new stores will open between September 26-29, 2025, strategically positioned in high-traffic areas. High Tide is maintaining its growth strategy of opening 2-3 new locations monthly, funded entirely through internal profits without external capital. The company currently holds a 12% market share in Canada and has been recognized as one of Canada's Top Growing Companies for four consecutive years.
High Tide Inc. (NASDAQ: HITI) ha annunciato l'apertura di tre nuovi punti vendita Canna Cabana a North York, Etobicoke e Fort McMurray. L'espansione porta il totale a 210 sedi in Canada, con 89 in Alberta e 88 in Ontario.
I nuovi negozi apriranno tra il 26 e il 29 settembre 2025, in aree strategicamente situate in zone ad alto traffico. High Tide continua la sua strategia di crescita aprire 2-3 nuove sedi al mese, finanziate interamente dai profitti interni senza capitale esterno. L'azienda detiene attualmente una quota di mercato del 12% in Canada ed è stata riconosciuta per quattro anni consecutivi come una delle Top Growing Companies canadesi.
High Tide Inc. (NASDAQ: HITI) anunció la apertura de tres nuevos locales de Canna Cabana en North York, Etobicoke y Fort McMurray. La expansión eleva el total de tiendas a 210 ubicaciones en Canadá, con 89 en Alberta y 88 en Ontario.
Las nuevas tiendas abrirán entre el 26 y el 29 de septiembre de 2025, ubicadas estratégicamente en zonas de alto tráfico. High Tide mantiene su estrategia de crecimiento de abrir 2-3 nuevas ubicaciones mensuales, financiadas íntegramente por beneficios internos sin capital externo. La empresa posee actualmente una participación de mercado del 12% en Canadá y ha sido reconocida como una de las Empresas Canadienses de Mayor Crecimiento durante cuatro años consecutivos.
High Tide Inc. (NASDAQ: HITI) 는 North York, Etobicoke, Fort McMurray에 새로운 Canna Cabana 소매점 3곳의 개장을 발표했습니다. 이번 확장으로 총 매장 수는 캐나다 내 210곳으로 증가하며, 앨버타주에 89곳, 온타리오주에 88곳이 됩니다.
새로운 매장은 2025년 9월 26일부터 29일 사이에 개장하며 유동인구가 많은 지역에 전략적으로 배치됩니다. High Tide는 외부 자본 없이 내부 이익으로 전액 조달하는 월 2-3개 신규 매장 개장 성장 전략을 유지합니다. 현재 캐나다에서 시장 점유율 12%를 보유하고 있으며 4년 연속 캐나다 성장 기업으로 인정받고 있습니다.
High Tide Inc. (NASDAQ : HITI) a annoncé l'ouverture de trois nouveaux points de vente Canna Cabana à North York, Etobicoke et Fort McMurray. Cette expansion porte le nombre total de magasins à 210 emplacements au Canada, dont 89 en Alberta et 88 en Ontario.
Les nouveaux magasins ouvriront entre le 26 et le 29 septembre 2025, dans des zones à fort trafic. High Tide poursuit sa stratégie de croissance consistant à ouvrir 2 à 3 nouveaux sites par mois, entièrement financée par les bénéfices internes sans capital externe. L'entreprise détient actuellement une part de marché de 12 % au Canada et a été reconnue comme l'une des entreprises canadiennes à forte croissance pendant quatre années consécutives.
High Tide Inc. (NASDAQ: HITI) gab die Eröffnung von drei neuen Canna Cabana-Einzelhandelsstandorten in North York, Etobicoke und Fort McMurray bekannt. Die Expansion erhöht die Gesamtzahl der Filialen auf 210 Standorte in Kanada, davon 89 in Alberta und 88 in Ontario.
Die neuen Geschäfte werden zwischen dem 26. und 29. September 2025 eröffnet, an strategisch stark frequentierten Standorten. High Tide setzt seine Wachstumsstrategie fort, 2–3 neue Standorte pro Monat zu eröffnen, vollständig durch interne Gewinne finanziert und ohne externes Kapital. Das Unternehmen hält derzeit einen Marktanteil von 12% in Kanada und wurde vier Jahre in Folge als eines der kanadischen Top-Wachstumsunternehmen anerkannt.
High Tide Inc. (ناسداك: HITI) أعلنت عن افتتاح ثلاثة مواقع بيع جديدة لسلسلة Canna Cabana في نورث يورك، إيتوبيكو وفورت ماكموري. توسعة تغلِب عدد المتاجر إلى 210 متجرًا في كندا، مع وجود 89 موقعًا في ألبرتا و88 في أونتاريو.
ستفتح المتاجر الجديدة بين 26 و29 سبتمبر 2025، وتُنشَأ في مناطق ذات حركة مرور عالية. تحافظ الشركة على استراتيجيتها للنمو المتمثلة في افتتاح 2-3 مواقع جديدة شهريًا، ممولة بالكامل من الأرباح الداخلية دون رأس مال خارجي. تمتلك الشركة حاليًا حصة سوقية قدرها 12% في كندا، وقد تم الاعتراف بها كإحدى شركات النمو الأكثر في كندا للسنوات الأربع الماضية.
High Tide Inc. (纳斯达克：HITI) 宣布在北约克、伊托比科和福特麦克默里开设三家新的 Canna Cabana 零售门店。这次扩张使公司的门店总数达到 210 家，其中艾伯塔省 89 家，安大略省 88 家。
新门店将于 2025 年 9 月 26 日至 29 日之间开业，地点选在人流量较高的区域。High Tide 将继续其增长策略，即 每月开设 2-3 家新店，全部由内部利润资助，无需外部资本。公司在加拿大的市场份额目前为 12%，并已连续四年被评为加拿大增长最快的公司之一。
- Self-funded expansion of 2-3 new stores monthly using internal profits
- Strong market presence with 210 total locations and 12% market share in Canada
- Strategic location selection in high-traffic, demographically favorable areas
- Demonstrated growth recognition through multiple awards and rankings
- Significant exposure to Canadian market concentration risk
- Increasing competition in mature cannabis retail markets
Insights
High Tide's three new stores strengthen its retail dominance with self-funded expansion showing operational discipline and strong free cash flow.
High Tide continues to execute on its retail expansion strategy with the announcement of three new Canna Cabana locations in strategic high-traffic areas across Ontario and Alberta. This brings their total Canadian footprint to 210 stores, with strong provincial presence in Alberta (89 locations) and Ontario (88 locations).
The company's ability to self-fund growth at a pace of 2-3 new stores monthly from existing cash flow is particularly impressive in the capital-constrained cannabis sector. This indicates healthy unit economics and operational discipline rarely seen among cannabis retailers. The strategic positioning of these new locations demonstrates sophisticated site selection:
- North York: High-density area in a popular shopping center at a major intersection
- Etobicoke: High-visibility location along a busy artery serving both residential and business park demographics
- Fort McMurray: Downtown core location complementing an existing store, targeting both permanent and seasonal workers
With an estimated 12% market share in Canada, High Tide is solidifying its position as the second-largest cannabis retail brand globally. Their "discount club" model introduced in 2021 appears to be driving sufficient margins to fuel this continued expansion. The company's focus on securing premium real estate in high-growth potential markets suggests a data-driven approach to expansion rather than simply pursuing store count.
This disciplined growth trajectory, particularly without diluting shareholders through external financing, represents a maturation in cannabis retail strategy that contrasts with the rushed, capital-intensive expansion that characterized the industry's early days.
"Momentum is clearly building across our network as we accelerate store openings in the second half of this year. Supported by our strong free cash flow profile, we continue to self-fund growth, targeting two to three new locations per month entirely from our own profits. This disciplined approach allows us to expand without relying on external capital while advancing steadily towards our stated goals," said Raj Grover, Founder and Chief Executive Officer of High Tide.
"Just as importantly, we are focused on securing only the best real estate in markets with high growth and high revenue potential. Cities such as
The Company's new Canna Cabana located at 1448 Lawrence Avenue East in
The Company's new Canna Cabana located at 1020 Islington Avenue in
FORT McMURRAY LOCATION
The Company's new Canna Cabana located at 10024 Franklin Ave in
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. Its wholly owned subsidiary, Canna Cabana, is the second-largest cannabis retail brand globally. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:
Retail: Canna Cabana™ is the largest cannabis retail chain in
Medical Cannabis Distribution: Remexian Pharma GmbH is a leading German pharmaceutical company built for the purpose of importation and wholesale of medical cannabis products at affordable prices. Among all German medical cannabis procurers, Remexian has one of the most diverse reaches across the globe and is licensed to import from 19 countries including
High Tide consistently moves ahead of the currents, having been named one of
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
Media Inquiries
Carter
Communications and Public Affairs Advisor
High Tide Inc.
cbrownlee@hightideinc.com
403-770-3080
Investor Inquiries
Vahan Ajamian
Capital Markets Advisor
High Tide Inc.
vahan@hightideinc.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain "forward-looking information" and "forward-looking statements within the meaning of applicable securities legislation. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: the timing of our new locations beginning to sell recreational cannabis products and consumption accessories for adult use, the expected benefits of the store locations, the level of competition in the area, the ability to expand at the rate of 2-3 locations per month without relying on external capital, and the announcement of further locations in the coming weeks and months. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including but not limited to the risk factors discussed under the heading "Non-Exhaustive List of Risk Factors" in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at www.sedarplus.ca and www.sec.gov, which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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SOURCE High Tide Inc.
FAQ
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