High Tide to open Canna Cabana store in Hamilton

Mr. Raj Grover reports HIGH TIDE TO OPEN NEW CANNA CABANA LOCATION IN HAMILTON, ONTARIO High Tide Inc.'s Canna Cabana retail cannabis store located at 518 Centennial Pkwy North in Hamilton, Ont., will begin selling recreational cannabis products and consumption accessories for adult use on Oct. 27, 2025. This opening brings High Tide's total store count to 211 Canna Cabana locations across Canada and 89 in the province of Ontario. "Canna Cabana has built deep roots in Hamilton, one of our top-performing markets nationwide. The city has embraced our value-driven retail model and continues to show incredible loyalty to the Cabana Club," said Raj Grover, founder and chief executive officer of High Tide. "This new location reinforces our commitment to serving this community and further strengthens our presence in one of Ontario's fastest-growing retail corridors. As we continue to expand across the province, Hamilton remains a standout market that consistently delivers exceptional results," added Mr. Grover. The company's new Canna Cabana location is situated in a high-traffic commercial centre in the Stoney Creek and Hamilton area, directly across from major retail and transit destinations and adjacent to a popular hotel. Located just off the QEW -- one of Ontario's busiest highways -- this location offers excellent visibility and accessibility. With a resident population of approximately 47,000 within a three-kilometre radius and strong consumer traffic drawn to the area, the store is well-positioned to attract significant local and commuter demand. About High Tide Inc High Tide is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant. Its wholly owned subsidiary, Canna Cabana, is the second-largest cannabis retail brand globally. High Tide is uniquely built around the cannabis consumer, with wholly diversified and fully integrated operations across all components of cannabis, including: Retail: Canna Cabana is the largest cannabis retail chain in Canada, with 211 current locations across British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, holding a growing 12-per-cent share of the market. In 2021, Canna Cabana became the first cannabis discount club retailer in the world. The company also owns and operates multiple global e-commerce platforms offering accessories and hemp-derived CBD products. Medical cannabis distribution: Remexian Pharma GmbH is a leading German pharmaceutical company built for the purpose of importation and wholesale of medical cannabis products at affordable prices. Among all German medical cannabis procurers, Remexian has one of the most diverse reaches across the globe and is licensed to import from 19 countries including Canada. High Tide consistently moves ahead of the currents, having been named one of Canada's Top Growing Companies by the Globe and Mail's Report on Business in 2024 for the fourth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange in 2022, 2024 and 2025. High Tide was also ranked No. 1 in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. We seek Safe Harbor.