Financial Wire

High Tide Opening New Canna Cabana in Caledonia, Ontario

-- Cannabis retailer High Tide (HITI.V, Nasdaq: HITI) said Monday that it is opening a new retail cannabis store in Caledonia, Ontario.

The company will begin selling recreational cannabis products along with related accessories for adult use on April 20. This opening brings High Tide's total store count to 221 Canna Cabana locations across the country, and 97 in Ontario.

"Opening on 4/20 is always symbolic, but this year is especially meaningful as we approach eight years since launching our very first Canna Cabana store in October 2018," said Raj Grover, founder and chief executive officer.

High Tide shares closed down $0.04, to $3.28, on Friday, on the TSX Venture Exchange.

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