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High Tide (TSXV:HITI) opens first Canna Cabana location in British Columbia

Cannabis
TSXV:HITI
13 July 2022 09:00 (EDT)
High Tide - CEO, Raj Grover.

Source: LinkedIn.

High Tide (HITI) has announced the opening of its Canna Cabana retail cannabis store in British Columbia.

The store located at 10027 100 Street in Fort St. John, British Columbia will sell recreational cannabis products and consumption accessories for adult use.

This store is the 128th branded retail location of High Tide in Canada, and its first in British Columbia, selling recreational cannabis products and consumption accessories.

The store is in Fort St. John, British Columbia, close to numerous businesses, and is only minutes from the Alaska Highway, bringing residents and visitors into the city.

“Our first organic store opening in British Columbia is a much-awaited and very positive milestone for High Tide,” said Raj Grover, President and Chief Executive Officer of High Tide.

“With this foothold in British Columbia, I anticipate that we will be able to expand quickly through both organic growth and strategic acquisitions, putting us in a position to reach the cap of 8 stores in the coming months,” he added.

High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets.

 High Tide Inc. opened the day’s trading at $2.68 per share.

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