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High Tide to Open New Canna Cabana in Toronto, Ontario

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High Tide's (HITI.V) Canna Cabana retail cannabis store located at 150 Silver Reign Drive in Toronto, Ontario, is expected to begin selling recreational cannabis products and consumption accessories for adult use on May 17, 2026, the company said on Friday.

This opening brings the company's total store count to 222 Canna Cabana locations across Canada and 98 in the province of Ontario, added the company.

"This new Rexdale location further strengthens our presence in the Greater Toronto Area and expands Canna Cabana into a high-density retail corridor with attractive long-term demand characteristics," said Raj Grover, founder and chief executive officer of High Tide. "We believe our differentiated discount-club model continues to resonate with consumers seeking value, convenience, and a broader loyalty-driven retail experience."

The company's shares were last seen up $0.01 at $3.28 on the TSX Venture Exchange.

Price: $3.28, Change: $+0.01, Percent Change: +0.31%

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