CALGARY, Alberta, Oct. 7, 2024 – PRESS RELEASE – High Tide Inc., the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced that its Canna Cabana retail cannabis store located at 201 Danforth Ave., Toronto, will begin selling recreational cannabis products and consumption accessories for adult use on Oct. 2. This opening brings the total number of Canna Cabana branded retail cannabis locations to 184 in Canada, 70 stores in the province of Ontario and the 10th in the city of Toronto.

Danforth Avenue is on the east side of Toronto and is part of Greektown, a vibrant walking neighborhood with large summer festivals such as Taste of Danforth and Sounds of Greektown. This new Canna Cabana store opens across the street from a large provincially owned liquor store and is one block away from the bustling Broadview subway station. It is also steps away from the Danforth music hall. Featuring a population density of nearly 250,000 residents within a 3-kilometer radius, this new store is poised to take advantage of daily foot traffic and welcome locals and tourists alike attending the various community events.

“I am pleased to announce the opening of our brand-new Cabana on Danforth Avenue in Toronto,” High Tide founder and CEO Raj Grover said. “With a population density exceeding 250,000 residents in a 3-kilometer radius, this neighborhood also benefits immensely from the thousands of tourists that visit the popular community festivals each year. Opening Canna Cabana stores in high-traffic locations such as Danforth Avenue provides great exposure for our brand and gives us an excellent opportunity to continue onboarding thousands of new ELITE and Cabana Club members.

“Our Canna Cabana brand and the Cabana Club have grown exponentially in popularity over the past six years, and this is why we are now evaluating additional retail opportunities in the city of Toronto. We are targeting densely populated corridors like Danforth and other prime locations to serve as many Torontonians as we can through our disruptive and innovative retail model. Expanding our reach in one of the largest and fastest-growing population centers in North America will be a focus for us through the remainder of 2024 and beyond.”