High Tide Inc. Opens New Canna Cabana Store in Toronto

High Tide Inc. announced the upcoming opening of its new Canna Cabana retail cannabis store in Toronto, Ontario, located at 150 Silver Reign Drive. The store is set to begin selling recreational cannabis products and consumption accessories on May 17, 2026. This expansion marks High Tide's 222nd Canna Cabana location nationwide and 98th in Ontario. The new store is strategically situated in an established power center, serving a dense population of over 263,000 residents within a five-kilometer radius. Raj Grover, Founder and CEO of High Tide, highlighted the strategic importance of the Rexdale location in strengthening the company's presence in the Greater Toronto Area and emphasized the continued focus on profitable expansion and consolidation of market share through their differentiated discount-club model and loyalty program. The company also provided an update on its overall operations, including its retail footprint, medical cannabis distribution in Germany, and recent recognitions for growth and performance.