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High Tide to Launch Next-Gen Canna Cabana 2.0 Website

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High Tide Inc. (Nasdaq: HITI) is set to re-launch its Canna Cabana website with significant improvements. The new site features a modern design, simplified age verification, faster loading times, and enhanced search functionality. It also offers real-time inventory visibility, nearby availability for out-of-stock items, and an improved live-chat function.

CEO Raj Grover emphasized that this upgrade responds to customer feedback and is part of a broader transformation of High Tide's e-commerce ecosystem. The company aims to align all platforms with the Cabana Club and extend its reach to online shoppers. This move is seen as strengthening High Tide's position in the cannabis retail market, where it has thrived with its discount club model while some competitors have faced financial difficulties.

High Tide Inc. (Nasdaq: HITI) si prepara a rilanciare il suo sito web Canna Cabana con importanti miglioramenti. Il nuovo sito presenta un design moderno, una verifica dell'età semplificata, tempi di caricamento più rapidi e funzionalità di ricerca migliorate. Offre anche visibilità in tempo reale dell'inventario, disponibilità nelle vicinanze per articoli esauriti e una funzione di chat dal vivo migliorata.

Il CEO Raj Grover ha sottolineato che questo aggiornamento è una risposta ai feedback dei clienti ed è parte di una trasformazione più ampia dell'ecosistema e-commerce di High Tide. L'azienda mira a allineare tutte le piattaforme con il Cabana Club ed estendere la sua portata agli acquirenti online. Questa mossa è vista come un rafforzamento della posizione di High Tide nel mercato del retail di cannabis, dove ha prosperato con il suo modello di club sconto, mentre alcuni concorrenti hanno affrontato difficoltà finanziarie.

High Tide Inc. (Nasdaq: HITI) se prepara para relanzar su sitio web Canna Cabana con mejoras significativas. El nuevo sitio cuenta con un diseño moderno, verificación de edad simplificada, tiempos de carga más rápidos y funciones de búsqueda mejoradas. También ofrece visibilidad de inventario en tiempo real, disponibilidad cercana para artículos sin stock y una mejor función de chat en vivo.

El CEO Raj Grover enfatizó que esta actualización responde a comentarios de los clientes y forma parte de una transformación más amplia del ecosistema de comercio electrónico de High Tide. La compañía tiene como objetivo alinear todas las plataformas con el Cabana Club y ampliar su alcance a los compradores en línea. Este movimiento se considera un fortalecimiento de la posición de High Tide en el mercado minorista de cannabis, donde ha prosperado con su modelo de club de descuentos, mientras que algunos competidores han enfrentado dificultades financieras.

하이 타이드 주식회사 (Nasdaq: HITI)는 Canna Cabana 웹사이트를 재출시할 준비를 하고 있으며, 상당한 개선을 계획하고 있습니다. 새로운 사이트는 현대적인 디자인, 간소화된 연령 검증, 더 빠른 로딩 시간 및 향상된 검색 기능을 특징으로 합니다. 또한 실시간 재고 가시성, 재고 품목의 근처 가용성 및 개선된 라이브 채팅 기능을 제공합니다.

CEO 라지 그로버는 이 업그레이드가 고객 피드백에 대응하는 것이라고 강조하며, 하이 타이드의 전자상거래 생태계의 더 넓은 변화를 나타내는 부분이라고 밝혔습니다. 회사는 모든 플랫폼을 Cabana Club과 일치시키고 온라인 쇼핑객에게 접근을 확대할 계획을 가지고 있습니다. 이 조치는 하이 타이드가 할인가로 제공하는 클럽 모델로 번창해온 대마초 소매 시장에서의 입지를 강화하는 것으로 여겨집니다. 일부 경쟁자들이 재정적 어려움에 직면해 있는 반면에 말입니다.

High Tide Inc. (Nasdaq: HITI) est sur le point de relancer son site web Canna Cabana avec des améliorations significatives. Le nouveau site présente un design moderne, une vérification d'âge simplifiée, des temps de chargement plus rapides et des fonctionnalités de recherche améliorées. Il offre également une visibilité en temps réel de l'inventaire, la disponibilité à proximité pour les articles épuisés et une fonction de chat en direct améliorée.

Le PDG Raj Grover a souligné que cette mise à jour répond aux retours des clients et fait partie d'une transformation plus large de l'écosystème e-commerce de High Tide. L'entreprise vise à aligner toutes les plateformes avec le Cabana Club et à étendre sa portée auprès des acheteurs en ligne. Ce mouvement est considéré comme un renforcement de la position de High Tide sur le marché de la vente au détail de cannabis, où elle a prospéré avec son modèle de club de réduction, tandis que certains concurrents ont rencontré des difficultés financières.

High Tide Inc. (Nasdaq: HITI) steht kurz davor, seine Canna Cabana-Website neu zu launchen, und bringt dabei erhebliche Verbesserungen mit sich. Die neue Seite bietet ein modernes Design, vereinfachte Altersprüfung, schnellere Ladezeiten und verbesserte Suchfunktionen. Außerdem bietet sie Echtzeit-Inventarsichtbarkeit, die Verfügbarkeit in der Nähe für Artikel, die nicht auf Lager sind, und eine verbesserte Live-Chat-Funktion.

CEO Raj Grover betonte, dass dieses Upgrade als Antwort auf Kundenfeedback erfolgt und Teil einer umfassenderen Transformation des E-Commerce-Ökosystems von High Tide ist. Das Unternehmen hat das Ziel, alle Plattformen mit dem Cabana Club abzustimmen und seine Reichweite auf Online-Käufer auszuweiten. Dieser Schritt wird als Stärkung der Position von High Tide im Cannabis-Einzelhandelsmarkt angesehen, wo das Unternehmen mit seinem Discount-Club-Modell erfolgreich war, während einige Wettbewerber finanzielle Schwierigkeiten hatten.

Positive
  • Launch of improved Canna Cabana website with enhanced user experience
  • Alignment of e-commerce platforms with successful Cabana Club model
  • Potential for increased online sales and customer reach
  • Company's resilience in the face of competitors' financial difficulties
Negative
  • None.

CALGARY, AB, Sept. 3, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced that at 8:00 PM Mountain Time tonight, it will re-launch the website of its flagship Canadian bricks-and-mortar retail brand, Canna Cabana, which represents more than 90 per cent of the Company's revenue. The new website features the latest tech, resulting in an enhanced user interface and overall improved customer experience, which also includes:

  • New, sleek and modern design
  • Simplified age verification process
  • Faster loading times
  • Enhanced search function with multiple filters
  • Real-time inventory visibility
  • Improved search engine optimization (SEO)
  • Displays nearby availability for out-of-stock products
  • Wish list function
  • Improved live-chat function

"For some time now, our loyal ELITE and Cabana Club members have been asking for an improved online experience, and we've heard that feedback loud and clear. That's why I am so thrilled to announce the re-launch of our next-gen Canna Cabana website. Our newly enhanced website boasts a sleek, modern design that prioritizes user experience, offering intuitive navigation and visually engaging content. Every element of this new website has been meticulously crafted to ensure that our online presence will exceed member expectations, reflecting our commitment to quality and innovation," said Raj Grover, Founder and Chief Executive Officer of High Tide.

"While our winning and disruptive discount club model has made our retail stores so successful, even though many of our large competitors have either filed for bankruptcy protection or fallen by the wayside completely, we are adding additional bench strength to our already all-star lineup by revamping our online presence. These enhancements are the first steps in a broader transformation of High Tide's e-commerce ecosystem that will align all Company platforms with the Cabana Club and help us to extend our reach to those who prefer the convenience of shopping from the comfort of their own home. I want to give a huge shout out to our team for achieving this goal on an expedited timeline. I look forward to announcing further innovations to our broader e-commerce ecosystem soon. Stay tuned," added Mr. Grover.

ABOUT HIGH TIDE

High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant and is the second-largest cannabis retailer globally by store count1. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:

Bricks & Mortar Retail: Canna Cabana™ is the largest cannabis retail chain in Canada, with 182 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in the world.

Retail Innovation: Fastendr™ is a unique and fully automated technology that employs retail kiosks to facilitate a better buying experience through browsing, ordering and pickup.

Consumption Accessories: High Tide operates a suite of leading accessory e-commerce platforms across the world, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com.

Brands: High Tide's industry-leading and consumer-facing brand roster includes Queen of Bud™, Cabana Cannabis Co™, Famous Brandz™, Daily High Club™, Vodka Glass™, Puff Puff Pass™, Dopezilla™, Atomik™, Hue™, Evolution™ and more.

CBD: High Tide continues to cultivate the possibilities of consumer CBD through Nuleafnaturals.com, FABCBD.com, blessedcbd.de and blessedcbd.co.uk.

Wholesale Distribution: High Tide keeps that cannabis category stocked with wholesale solutions via Valiant™.

Licensing: High Tide continues to push cannabis culture forward through fresh partnerships and license agreements under the Famous Brandz™ name.

High Tide consistently moves ahead of the currents, having been named one of Canada's Top Growing Companies in 2021, 2022 and 2023 by the Globe and Mail's Report on Business Magazine, and was named as one of the top 10 performing diversified industries stocks in both 2022 and 2024 TSX Venture 50. High Tide was also ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. To discover the full impact of High Tide, visit www.hightideinc.com. For investment performance, don't miss the High Tide profile pages on SEDAR+ and EDGAR.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release may contain "forward-looking information" and "forward-looking statements within the meaning of applicable securities legislation. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: the Company transforming its e-commerce ecosystem; the Company aligning all Company platforms with the Cabana Club; the Company extending its reach to its customer base; and the Company further innovating its e-commerce ecosystem and announcing such innovations in the future. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including but not limited to the risk factors discussed under the heading "Non-Exhaustive List of Risk Factors" in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at www.sedarplus.ca and www.sec.gov, which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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1
 As reported by ATB Capital Markets based on store counts as of February 8, 2024

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-to-launch-next-gen-canna-cabana-2-0-website-302236326.html

SOURCE High Tide Inc.

FAQ

What new features does the redesigned Canna Cabana website offer?

The new Canna Cabana website offers a modern design, simplified age verification, faster loading times, enhanced search function with multiple filters, real-time inventory visibility, nearby availability for out-of-stock products, wish list function, and improved live-chat function.

When will High Tide (HITI) launch its new Canna Cabana website?

High Tide (HITI) will launch its new Canna Cabana website on September 3, 2024, at 8:00 PM Mountain Time.

How does the new website fit into High Tide's (HITI) broader strategy?

The new website is part of a broader transformation of High Tide's e-commerce ecosystem, aiming to align all company platforms with the Cabana Club and extend reach to online shoppers, strengthening its position in the cannabis retail market.

What percentage of High Tide's (HITI) revenue does Canna Cabana represent?

Canna Cabana represents more than 90 percent of High Tide's (HITI) revenue.

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