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High Tide expands retail presence in Hamilton cannabis market

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Submitted by Cannabis News on Thu, 01/06/2022 - 09:07
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High Tide (NASDAQ:HITI) announces the opening of its third Canna Cabana retail cannabis store in Hamilton, Ontario.

The store starts selling recreational cannabis products and consumption accessories for adult use, representing High Tide's 106th branded retail location across Canada, and 32nd in Ontario.

Also, the retailer reports a nearly 47% growth in Cabana Club's membership over the three months period.

"2021 was a banner year for High Tide's growth, and we will continue to build upon that momentum over the next 12 months. This will include strategically expanding our bricks-and-mortar retail footprint in Canada to at least 150 locations through continued organic growth and accretive acquisitions, with a particular focus on underserved locations in Ontario and British Columbia," comments President and CEO Raj Grover.

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