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High Tide to Open Two New Canna Cabana Locations in Welland and Calgary

HITI
  • High Tide Inc. opened a new Canna Cabana location in Welland, Ontario on June 10, 2026, & expects to open a second location in Calgary, Alberta on June 26, 2026, pending regulatory approval.
  • These additions bring High Tide's total store count to 224 Canna Cabana locations across Canada, comprising 99 stores in Ontario & 92 in Alberta.
  • The Welland store at 960 Niagara Street serves a trade area of over 65,000 residents within five kilometers & anchors a new commercial node with limited existing competition.
  • The upcoming Calgary store at 16 MacEwan Drive NW targets a densely populated area of over 60,000 residents within three kilometers & features no direct cannabis competition in its immediate vicinity.
  • CEO Raj Grover stated that these openings strengthen the company's network effect, expand its Cabana Club & ELITE membership programs, & reinforce High Tide's leadership position in Alberta.
  • Canna Cabana is the second-largest cannabis retail brand globally & the largest in Canada, holding a 12% market share in the provinces it operates.
  • High Tide's integrated operations include Remexian Pharma GmbH, a German medical cannabis distributor with a 14% market share, & the company launched its first physical German presence in 2025.
  • The company was named one of Canada's Top Growing Companies by the Globe and Mail for five consecutive years through 2025 & ranked number one in retail on the Financial Times list of Americas' Fastest Growing Companies in 2023.