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(CNW) Calgary – High Tide Inc., the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 97 Bath Road, Kingston, Ontario, will begin selling recreational cannabis products and consumption accessories for adult use as of 4:20 PM on October 31st, 2024. This opening will mark High Tide’s 186th Canna Cabana branded retail cannabis location in Canada, the 72nd in the province of Ontario and the first in Kingston.
Kingston is home to three major Canadian post-secondary institutions: Queen’s University, the Royal Military College of Canada and St. Lawrence College. Two hours from Toronto, Kingston is situated on the banks of Lake Ontario and is a city steeped in Canadian history. This Canna Cabana opens in a robust power centre, surrounded by anchor tenants such as a major pharmacy chain, a Canadian pet retailer, and a prominent Canadian home improvement and auto repair chain. A short drive from the Queen’s University campus, it is a destination shopping centre for students and residents, with a population density of over 50,000 within a three-kilometer radius.
“After 6 years of legalization, we are still expanding into markets where our Canna Cabana brand doesn’t yet have presence. This presents an excellent opportunity for the growth of our ELITE & Cabana Club community. Expanding into Kingston, a city with over 30,000 post-secondary students, fits this strategy well, as does the fact that this new store is located within a major power centre next to well-established Canadian retail giants,” said Raj Grover, Founder and Chief Executive Officer of High Tide.
“Our focus on quality organic growth remains a key part of our sustainable business strategy to ensure we are creating lasting value for shareholders. I look forward to announcing the launch of several more Cabanas to close out this calendar year,” added Mr. Grover
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