HITI · High Tide Inc.

Summary

High Tide announces a new Canna Cabana store opening in Toronto, expanding its Canadian retail footprint to 222 locations.

Key takeaways

• New Canna Cabana store at 150 Silver Reign Drive, Toronto, expected to open May 17, 2026.
• Store count reaches 222 in Canada and 98 in Ontario.
• First Canna Cabana in Rexdale neighbourhood, serving over 263,000 residents within 5 km.
• CEO Raj Grover highlights profitable expansion and discount-club model as competitive advantages.
• Company holds 12% market share in Canada and is second-largest cannabis retail brand globally.