High Tide opens second Canna Cabana in Scarborough, Ontario
Calgary-based High Tide Inc. announced that it has opened its second Canna Cabana retail cannabis store located in Scarborough, Ontario, a suburb of Toronto. Located at 2432 Eglinton Avenue East, the new location has begun selling recreational cannabis products and consumption accessories for adult use.
This opening of this second Scarborough retail operation marks High Tide's 188th Canna Cabana branded retail cannabis location in Canada, the 74th in the province of Ontario, the 11th in the city of Toronto, and second in the borough of Scarborough.
READ: High Tide opens four new Canna Cabana stores in Alberta and Ontario
"I am excited to announce the opening of our second Cabana in Scarborough, one of Canada's most vibrant and multicultural communities. This new store is strategically positioned near the Kennedy transit station, a key commuting hub for Scarborough's 630,000+ residents. Additionally, its location within a major shopping complex underscores our commitment to securing prime real estate in high-traffic areas," said Raj Grover, founder and chief executive officer of High Tide. "Our innovative and disruptive retail model, complemented by a strong and strategic real estate portfolio, continues to drive consistent free cash flow generation, fueling our robust brick-and-mortar growth trajectory. We are equally enthusiastic about accelerating momentum in our e-commerce segment as we prepare to launch an exciting and innovative range of offerings.”
Canna Cabana is one of Canada’s largest cannabis retail chains, with 188 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.
