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High Tide Inc. (Nasdaq: HITI) adds new Canna Cabana in Ottawa

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

High Tide Inc. furnished an update as a foreign private issuer describing the opening of a new Canna Cabana retail cannabis store in Ottawa, Ontario. The store at 4828 Bank Street is expected to begin selling recreational cannabis products and accessories for adult use on July 24, 2026.

This opening brings Canna Cabana’s network to 229 stores across Canada, including 104 in Ontario, and serves a residential area of more than 25,000 people within five kilometres. High Tide highlights its vertically integrated cannabis operations, including Canna Cabana’s 12% Canadian retail market share and German subsidiary Remexian Pharma’s 14% share of the German medical cannabis market, while including customary cautionary language regarding forward-looking statements.

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Canna Cabana stores in Canada 229 stores Total Canna Cabana locations across Canada after Ottawa opening
Canna Cabana stores in Ontario 104 stores Canna Cabana locations in the province of Ontario
Expected Ottawa opening date July 24, 2026 Date new Ottawa Canna Cabana is expected to begin selling products
Local population served more than 25,000 people Population within a five-kilometre radius of the new Ottawa store
Canadian cannabis retail share 12% share Canna Cabana’s share of the Canadian cannabis retail market
German medical cannabis share 14% share Remexian Pharma GmbH’s share of the German medical cannabis market
Domestic vs international Canna Cabana 229 domestic and 1 international location Breakdown of Canna Cabana’s Canadian and international stores
Top Growing Companies streak five consecutive years Named one of Canada’s Top Growing Companies for the fifth consecutive year in 2025
foreign private issuer regulatory
"Form 6-K report of <b>foreign private issuer</b> pursuant to Rule 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
forward-looking statements regulatory
"This news release contains "<b>forward-looking statements</b>" within the meaning of applicable securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
annual information form regulatory
"risk factors discussed under the heading in Schedule A to our current <b>annual information form</b>"
A company's annual information form is a comprehensive regulatory filing that lays out its business description, key assets, risks, legal matters and other background details shareholders need to understand the company’s operations. Think of it as a detailed owner’s manual or dossier that supplements financial statements, helping investors do deeper homework on how the business works and what could affect its future performance.
Regulation Services Provider regulatory
"Neither the TSXV nor its <b>Regulation Services Provider</b> accepts responsibility"
A regulation services provider is a firm that helps companies meet legal and market rules by preparing, filing and distributing required reports, disclosures and licenses to regulators and exchanges. Think of them as a combination of a guidebook and filing clerk that keeps a company on the right side of the law and visible to the market. Investors care because reliable regulatory work reduces legal risk, prevents trading disruptions and ensures timely access to material information that affects share value.
medical cannabis market medical
"Remexian Pharma GmbH has a 14% share of the German <b>medical cannabis market</b>"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did High Tide (HITI) announce in its July 2026 update?

High Tide announced a new Canna Cabana retail cannabis store in Ottawa, expected to start sales on July 24, 2026. This opening increases its network to 229 Canadian locations, including 104 in Ontario, strengthening its presence in the province.

When will the new Canna Cabana store in Ottawa open?

The new Ottawa Canna Cabana at 4828 Bank Street is expected to begin selling recreational cannabis and accessories for adult use on July 24, 2026. The store will operate under High Tide’s membership-focused retail model.

How many Canna Cabana locations does High Tide (HITI) operate?

After the Ottawa opening, High Tide will have 229 Canna Cabana stores across Canada, including 104 locations in Ontario. Overall, the company reports 229 domestic and 1 international Canna Cabana location in its retail network.

Where is the new Ottawa Canna Cabana located and who will it serve?

The new store is in Findlay’s Creek at 4828 Bank Street, a retail corridor anchored by a national hardware retailer and a major grocery store. It targets a growing residential population of more than 25,000 people within a five-kilometre radius.

What market shares does High Tide (HITI) report in Canada and Germany?

High Tide reports Canna Cabana holds a 12% share of the Canadian cannabis retail market. Its German subsidiary, Remexian Pharma GmbH, holds a 14% share of the German medical cannabis market, importing from 19 countries including Canada.

What forward-looking risks does High Tide (HITI) highlight in this update?

The company notes risks around regulatory approvals, competitive and market conditions, and operational challenges in opening and running new stores. It also references broader risk factors in its annual information form and cautions that actual results may differ materially.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File Number: 001-40258

HIGH TIDE INC.

(Registrant)

11127 – 15 Street N.E., Unit 112

Calgary, Alberta

Canada T3K 2M4

(Address of Principal Executive Offices)

 

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☐            Form 40-F  ☒

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

 

 

 

 

 

 

 

 

HIGH TIDE INC.

 

 

 

 

(Registrant)

 

 

 

 

Date: July 23, 2026

 

 

 

By

 

/s/ Raj Grover

 

 

 

 

 

 

Raj Grover

 

 

 

 

 

 

President and Chief Executive Officer

 

 

 

 

 

 

 

 

 

EXHIBIT INDEX

     

Exhibit

   Description of Exhibit
   
99.1   News Release dated July 23, 2026

  Exhibit 99.1

 

  

 

High Tide to Open New Canna Cabana in Ottawa, Ontario

CALGARY, AB, July 23, 2026 /CNW/ -- /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 its Canna Cabana retail cannabis store located at 4828 Bank Street in Ottawa, Ontario, is expected to begin selling recreational cannabis products and consumption accessories for adult use on July 24, 2026. This opening brings High Tide's total store count to 229 Canna Cabana locations across Canada and 104 in the province of Ontario.


High Tide Inc., July 23, 2026

"As Canada's largest cannabis retailer, we believe our greatest competitive advantage continues to be our ability to deliver exceptional value through a differentiated retail model that keeps members coming back," said Raj Grover, Founder and Chief Executive Officer of High Tide.

"We're excited to strengthen our presence in Ottawa with this new location, serving a fast-growing community where we believe our Cabana Club and ELITE membership programs will resonate with both new and existing cannabis consumers," added Mr. Grover.

This new Canna Cabana is located in Findlay's Creek, a rapidly growing suburb in south Ottawa within the broader Gloucester area. Positioned within a well-established retail corridor anchored by a national hardware retailer and a major grocery store, the location serves a growing residential population of more than 25,000 people within a five-kilometre radius.

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 Canada, with 229 domestic and 1 international location. The Company's Canadian bricks-and-mortar operations span British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario, holding a growing 12% share of the market. In 2021, Canna Cabana became the first cannabis discount club retailer in the world. The Company also owns and operates multiple global e-commerce platforms offering accessories and hemp-derived CBD products. In 2025, the Company became the first North American cannabis operator to launch a bricks-and-mortar presence in Germany.

Medical Cannabis Distribution: Remexian Pharma GmbH is a leading German pharmaceutical company, with a 14% share of the German medical cannabis market, 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 Canada.

High Tide consistently moves ahead of the currents, having been named one of Canada's Top Growing Companies by the Globe and Mail's Report on Business in 2025 for the fifth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange (the "TSXV") in 2022, 2024 and 2025. High Tide was also ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. To discover the full impact of High Tide, visit www.hightideinc.com. For investment performance, don't miss the High Tide profile pages on SEDAR+ and EDGAR.

Neither the TSXV 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
Omar Khan
Chief Communications and Public Affairs Officer
High Tide Inc.
omar@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 news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements are often, but not always, identified by words such as "expect", "intend", "plan", "believe", "anticipate", "estimate", "may", "will", "could", "should" and similar expressions. Forward-looking statements in this news release include, without limitation, statements relating to: the timing of our new location beginning to sell recreational cannabis products and consumption accessories for adult use, the expected benefits of the store location, and the level of competition in the area.

Forward-looking statements are based on management's current expectations and assumptions as of the date of this news release. Forward looking statements are subject to risks, uncertainties and other factors that may cause actual results to differ materially, including, without limitation: delays or inability to obtain required regulatory approvals or authorizations; changes in competitive, market or consumer conditions; operational risks associated with opening and operating new stores; and the other 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-to-open-new-canna-cabana-in-ottawa-ontario-302832744.html

SOURCE High Tide Inc.

 

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2026/23/c5039.html

%CIK: 0001847409

CO: High Tide Inc.

CNW 06:00e 23-JUL-26

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