High Tide to Open Two New Canna Cabana Stores in Ontario
High Tide Inc. (Nasdaq: HITI) announced the opening of two new Canna Cabana retail cannabis stores in Ontario. The first location at 99 Balsam Street in Collingwood will open on March 13, 2025, while the second at 1 Hespeler Road in Cambridge will open on March 17, 2025.
The Collingwood store is strategically located in the town center, a tourist destination attracting 400,000 unique visitors annually. Positioned in the Collingwood Centre alongside national retailers, it's the first cannabis store encountered when entering the town. The Cambridge location benefits from high population density with competition, situated at a major intersection anchored by national food and retail chains.
These openings will mark High Tide's 193rd and 194th Canna Cabana locations in Canada, with 78th and 79th stores in Ontario. The company also announced a grant of 25,000 incentive stock options to consultants, exercisable at the TSXV closing price with a two-year expiration.
High Tide Inc. (Nasdaq: HITI) ha annunciato l'apertura di due nuovi negozi di cannabis Canna Cabana in Ontario. La prima sede, situata al 99 di Balsam Street a Collingwood, aprirà il 13 marzo 2025, mentre la seconda, al 1 di Hespeler Road a Cambridge, aprirà il 17 marzo 2025.
Il negozio di Collingwood è strategicamente posizionato nel centro della città, una meta turistica che attrae 400.000 visitatori unici all'anno. Situato nel Collingwood Centre insieme a rivenditori nazionali, è il primo negozio di cannabis che si incontra entrando in città. La sede di Cambridge beneficia di un'alta densità di popolazione con concorrenza, situata in un importante incrocio ancorato da catene alimentari e di vendita al dettaglio nazionali.
Queste aperture segneranno il 193° e il 194° negozio Canna Cabana di High Tide in Canada, con il 78° e 79° negozi in Ontario. L'azienda ha anche annunciato un'assegnazione di 25.000 opzioni di acquisto di azioni incentivanti ai consulenti, esercitabili al prezzo di chiusura del TSXV con una scadenza di due anni.
High Tide Inc. (Nasdaq: HITI) anunció la apertura de dos nuevas tiendas minoristas de cannabis Canna Cabana en Ontario. La primera ubicación, en 99 Balsam Street en Collingwood, abrirá el 13 de marzo de 2025, mientras que la segunda, en 1 Hespeler Road en Cambridge, abrirá el 17 de marzo de 2025.
La tienda de Collingwood está estratégicamente ubicada en el centro de la ciudad, un destino turístico que atrae a 400,000 visitantes únicos anualmente. Situada en el Collingwood Centre junto a minoristas nacionales, es la primera tienda de cannabis que se encuentra al entrar a la ciudad. La ubicación de Cambridge se beneficia de una alta densidad poblacional con competencia, situada en una importante intersección anclada por cadenas de alimentos y venta al por menor nacionales.
Estas aperturas marcarán la 193ª y 194ª ubicaciones de Canna Cabana de High Tide en Canadá, con la 78ª y 79ª tiendas en Ontario. La empresa también anunció una concesión de 25,000 opciones de acciones de incentivo a consultores, ejercitables al precio de cierre de TSXV con una expiración de dos años.
하이 타이드 주식회사 (Nasdaq: HITI)는 온타리오주에 두 개의 새로운 캐나 카바나 소매 대마초 매장을 열겠다고 발표했습니다. 첫 번째 매장은 콜링우드의 99 발삼 스트리트에 위치하며 2025년 3월 13일에 개장하고, 두 번째 매장은 캠브리지의 1 헤스펠러 로드에 위치하며 2025년 3월 17일에 개장합니다.
콜링우드 매장은 매년 40만 명의 독특한 방문객을 끌어들이는 관광지인 도심에 전략적으로 위치해 있습니다. 국가 소매업체들과 함께 콜링우드 센터에 위치하며, 도시로 들어갈 때 처음 만나는 대마초 매장입니다. 캠브리지 매장은 높은 인구 밀도와 경쟁으로 혜택을 보고 있으며, 주요 교차로에 위치해 있으며, 국가 식품 및 소매 체인에 의해 지지받고 있습니다.
이번 개장은 하이 타이드의 캐나 카바나 매장 193호 및 194호를 캐나다에 열게 되며, 온타리오주에서는 78호 및 79호 매장이 됩니다. 회사는 또한 자문위원에게 25,000개의 인센티브 주식 옵션을 부여한다고 발표했으며, 이는 TSXV 종가로 행사할 수 있으며 2년의 만료 기간이 있습니다.
High Tide Inc. (Nasdaq: HITI) a annoncé l'ouverture de deux nouveaux magasins de cannabis Canna Cabana en Ontario. Le premier emplacement, au 99 Balsam Street à Collingwood, ouvrira le 13 mars 2025, tandis que le second, au 1 Hespeler Road à Cambridge, ouvrira le 17 mars 2025.
Le magasin de Collingwood est stratégiquement situé dans le centre-ville, une destination touristique attirant 400 000 visiteurs uniques chaque année. Situé dans le Collingwood Centre aux côtés de détaillants nationaux, c'est le premier magasin de cannabis rencontré en entrant dans la ville. L'emplacement de Cambridge bénéficie d'une forte densité de population avec de la concurrence, situé à un carrefour majeur ancré par des chaînes alimentaires et de vente au détail nationales.
Ces ouvertures marqueront les 193ème et 194ème emplacements de Canna Cabana de High Tide au Canada, avec le 78ème et 79ème magasins en Ontario. L'entreprise a également annoncé l'octroi de 25 000 options d'achat d'actions incitatives à des consultants, exerçables au prix de clôture de TSXV avec une expiration de deux ans.
High Tide Inc. (Nasdaq: HITI) hat die Eröffnung von zwei neuen Canna Cabana Einzelhandelsgeschäften für Cannabis in Ontario angekündigt. Der erste Standort in der Balsam Street 99 in Collingwood wird am 13. März 2025 eröffnet, während der zweite in der Hespeler Road 1 in Cambridge am 17. März 2025 eröffnet wird.
Das Geschäft in Collingwood ist strategisch im Stadtzentrum gelegen, einem Tourismusziel, das jährlich 400.000 einzigartige Besucher anzieht. Es befindet sich im Collingwood Centre neben nationalen Einzelhändlern und ist das erste Cannabisgeschäft, das man beim Betreten der Stadt sieht. Der Standort in Cambridge profitiert von einer hohen Bevölkerungsdichte mit Wettbewerb und liegt an einer wichtigen Kreuzung, die von nationalen Lebensmittel- und Einzelhandelsketten geprägt ist.
Diese Eröffnungen werden die 193. und 194. Canna Cabana-Standorte von High Tide in Kanada markieren, mit dem 78. und 79. Geschäft in Ontario. Das Unternehmen gab außerdem die Gewährung von 25.000 Anreizaktienoptionen an Berater bekannt, die zum TSXV-Schlusskurs ausgeübt werden können und eine Laufzeit von zwei Jahren haben.
- Strategic expansion with two new stores in high-traffic locations
- Collingwood store positioned to capture tourist market of 400,000 annual visitors
- Cambridge location benefits from high population density with competition
- Approaching milestone of 200 stores nationwide
- None.
Our first store in
Our first store in
"We are thrilled to be expanding our footprint in
"As we approach the milestone of 200 stores nationwide, High Tide remains focused on delivering unmatched value through our innovative discount club model, unbeatable prices, and exclusive Cabana Club benefits. Our goal is to create a shopping experience that is both engaging and enjoyable, ensuring that our loyal members receive the best products at the best prices in a safe and welcoming environment. We look forward to serving these vibrant communities and continuing to set the standard for cannabis retail in
STOCK OPTIONS GRANT
In addition, High Tide announces the grant of 25,000 incentive stock options (the "Options") to consultants of the Company. Each Option is exercisable at the closing price of the Company's common shares listed on the TSX Venture Exchange (the "TSXV") based on the last trading day immediately prior to this press release, expires two years from the date of grant, and vests over a one-year period. Each Option is exercisable to purchase one common share of the Company and are being issued pursuant to the terms of the Company's Omnibus Plan, which became effective on June 2, 2022.
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
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™, 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
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1 As reported by ATB Capital Markets based on store counts as of February 6, 2025 |
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.
CONTACT INFORMATION
Media Inquiries
Carter
Communications and Public Affairs Advisor
High Tide Inc.
cbrownlee@hightideinc.com
403-770-3080
Investor Inquiries
Vahan Ajamian
Capital Markets Advisor
High Tide Inc.
vahan@hightideinc.com
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 timing of our new locations beginning to sell recreational cannabis products and consumption accessories for adult use, the expected benefits of the store locations, and our commitment to opening the number of future stores on the timeline indicated herein. 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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SOURCE High Tide Inc.
FAQ
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