High Tide Opens First European Canna Cabana in Berlin

Core Viewpoint - High Tide Inc. has opened its first international Canna Cabana store in Berlin, Germany, marking its entry into the European cannabis market and establishing a physical retail presence in the largest cannabis market in Europe [1][3][4]. Group 1: Company Expansion - The new Canna Cabana store is located in Berlin-Mitte, a central area known for its cultural and retail significance, close to major landmarks [2]. - This store represents the initial phase of High Tide's broader European retail strategy, which includes retail, e-commerce, and medical cannabis distribution [3]. - High Tide's acquisition of Remexian Pharma GmbH, a licensed medical cannabis importer in Germany, supports its expansion efforts in the region [3][7]. Group 2: Market Potential - Germany, with a population exceeding 83 million, is the largest cannabis market in Europe, with cannabis imports reaching a record 143 tonnes in the first three quarters of 2025 [4]. - The demand for cannabis accessories is expected to grow as cannabis usage increases in Germany, positioning Canna Cabana to capitalize on this trend [4]. Group 3: Strategic Commitment - High Tide emphasizes its long-term commitment to the German market, planning to adapt to legislative changes and expand its retail presence as regulations evolve [5]. - The company aims to replicate its successful Canadian retail model in Germany by first establishing a loyal customer base for accessories before transitioning to cannabis retail [5]. Group 4: Company Overview - High Tide is recognized as a leading cannabis retail enterprise, with Canna Cabana being the second-largest cannabis retail brand globally, operating 215 locations in Canada and one in Germany [6]. - The company has been acknowledged for its growth, being named one of Canada's Top Growing Companies for five consecutive years and ranked among the fastest-growing companies in the Americas [8].