Last week, Calgary-based cannabis retailer High Tide opened a Canna Cabana location at the Niagara St & Quaker Rd Plaza in north Welland in the Niagara Peninsula area. It is the chain’s 99th store in Ontario. In addition, next week the company opens its 92nd store in Alberta in a plaza at MacEwan Drive NW at 14th St NW in Calgary. “The addition of these locations further strengthens our network effect and expands our ability to acquire and retain loyal members across Canada,” said Founder and CEO Raj Grover. “We are especially pleased to reinforce our leadership position in Alberta, where High Tide was founded, while continuing to grow our presence in Ontario. As our store network and membership ecosystem expand together, we believe we are creating a competitive moat that becomes stronger with every new location we open.” The Canna Cabana stores generally operate in the 1200 square foot range in various formats and Chris Wanzel and Michael Calderone at Urban Reform Realty are responsible for the site selection in Canada.
Urban Reform Realty Inc., 121 King St West, Suite 1120, Toronto, Ontario M5H 3T9 (Chris Wanzel- 416/450-2098 chris@urbanreformrealty.com) & (Michael Calderone – 416/409-7903 michael@urbanreformrealty.com)
High Tide Inc., #112, 11127 15th St. NE, Calgary, Alberta T3K 2M4 (855/747-6420 www.hightideinc.com)