High Tide to Open Three New Canna Cabana Locations

Core Insights - High Tide Inc. is expanding its retail footprint by opening three new Canna Cabana locations in Ontario and Alberta, increasing its total store count to 218 across Canada [1][2] Expansion Details - The new locations include: - London, Ontario: Set to open on December 15, 2025, pending regulatory approval, located in a high-traffic area with strong residential density [3] - Brampton, Ontario: Expected to open on December 20, 2025, pending regulatory approval, situated in a neighborhood with a young population and limited competition [4] - Calgary, Alberta: Scheduled to open on December 23, 2025, pending regulatory approval, positioned in a mature community with minimal direct competition [5] Business Model and Market Position - High Tide's discount club model demonstrates resilience and effective execution, with the company on track to meet its goal of opening 20 to 30 new locations in 2025 [2] - Canna Cabana is recognized as the largest cannabis retail chain in Canada, holding a 12% market share and operating 218 domestic and 1 international location [7] Industry Recognition - High Tide has been acknowledged as one of Canada's Top Growing Companies for five consecutive years and ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023 [9]