High Tide Inc. Opens New Canna Cabana Location in Drayton Valley, Alberta

SEC Filing 6-K (0001279569-25-000810)

High Tide Inc. announced the opening of a new Canna Cabana retail cannabis store in Drayton Valley, Alberta, on July 31, 2025. This new location brings the total number of Canna Cabana stores to 203 across Canada, with 88 in Alberta. The store is strategically located in a bustling plaza, offering excellent visibility and accessibility. High Tide's CEO, Raj Grover, expressed excitement about expanding into high-demand markets and highlighted the company's growth in Cabana Club and ELITE memberships, which have surpassed 2 million and 100,000, respectively. Additionally, the company granted 58,500 incentive stock options to various employees, exercisable at the closing price of the company's common shares on the TSX Venture Exchange. High Tide continues to strengthen its position as a leading retail-forward cannabis enterprise with diversified operations across various components of the cannabis industry.