High Tide Says It Inaugurated Two New Canna Cabana Stores In Alberta And Saskatchewan; Openings Will Mark Company's 175th And 176th Canna Cabana Locations In Canada

Author: Benzinga Newsdesk | June 28, 2024 06:03am

"With 14 new locations announced since the beginning of this year, we remain on target to reach our communicated goal of adding 20 to 30 new Cabanas by the end of this calendar year. Given our strong free cash flow profile, we plan to continue our brisk greenfield trajectory, which may be supplemented by additional M&A in the second half of this year. I'm excited about how our innovative discount club model is continuing to outperform our peers, and we are confident our market share will increase as our retail expansion picks up steam," said Raj Grover, Founder and Chief Executive Officer of High Tide.

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