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PR Newswire·

High Tide to Open New Canna Cabana in Toronto, Ontario

  • High Tide Inc. announced that its Canna Cabana store at 150 Silver Reign Drive in Toronto's Rexdale neighbourhood will begin selling recreational cannabis & consumption accessories on May 17, 2026.
  • The new location marks Canna Cabana's first entry into the Rexdale trade area & serves a community of over 263,000 residents within a five-kilometre radius.
  • This opening brings High Tide's total Canna Cabana store count to 222 locations across Canada, including 98 stores in Ontario.
  • The Rexdale site is situated in an established power centre anchored by big-box retailers, national specialty chains, & quick-service restaurants.
  • High Tide's CEO Raj Grover stated the expansion supports a disciplined growth strategy focused on profitable expansion & market share consolidation in Ontario.
  • Canna Cabana holds a 12% market share in Canada's domestic cannabis market & operates across British Columbia, Alberta, Saskatchewan, Manitoba, & Ontario.
  • The company maintains a global footprint including a German retail presence launched in 2025 & a medical cannabis distribution subsidiary, Remexian Pharma GmbH.
  • High Tide was named one of Canada's Top Growing Companies by the Globe and Mail for five consecutive years through 2025.
  • The press release includes forward-looking statements regarding store opening timing, market demand, & expansion plans subject to regulatory approvals & operational risks.