High Tide to open two Canna Cabana stores in Ontario

Executive Summary

• High Tide Inc. announced the opening of two new Canna Cabana retail locations in Ontario: one in Burlington (Aug. 29, 2025) and one in London (Sept. 4, 2025).
• These openings bring the company's total store count to 207 locations across Canada, with 86 located in Ontario.
• The release highlights strategic site selection for long-term growth, noting limited competition and strong demographic access for both new stores.
• CEO Raj Grover also mentioned the upcoming closing of the Remexian acquisition in Germany as a key step in positioning High Tide as a global cannabis company.

Key Details

• Burlington Location:
  • Address: 3221 Appleby Line, Burlington, Ont.
  • Opening Date: Aug. 29, 2025.
  • Demographics: Access to nearly 41,000 residents within a three-kilometre radius.
  • Site Characteristics: Anchored by a national hardware store with a mix of quick-service restaurants; limited nearby competition; situated in a commercial corridor with destination retailers.
• London Location:
  • Address: 1294 Fanshawe Park Rd. East, London, Ont.
  • Opening Date: Sept. 4, 2025.
  • Demographics: More than 25,000 residents within a five-minute drive; expected to become one of the city's fastest-growing and highest-income neighbourhoods.
  • Site Characteristics: No overlap with existing Canna Cabana stores; very limited nearby competition (only two competitors to the south); part of a new retail hub anchored by national grocers, drugstores, and quick-service restaurants.
• Company Footprint:
  • Total Canna Cabana locations: 207 across Canada.
  • Ontario locations: 86.
• Strategic Context:
  • CEO Raj Grover emphasized the focus on expanding the national footprint with high-quality sites to maximize long-term potential.
  • Mention of the upcoming closing of the Remexian acquisition in Germany to establish global scale in retail and distribution.

Notable Quotes

• "These new openings in Burlington and London reflect our unwavering focus on expanding our national footprint with carefully selected, high-quality sites that maximize long-term potential. Every new store strengthens our ability to deliver value to our Cabana Club members and reinforces our leadership as Canada's largest cannabis retailer," said Raj Grover, founder and chief executive officer of High Tide.
• "Beyond Canada, our upcoming closing of the Remexian acquisition in Germany will mark the beginning of an exciting new chapter, positioning High Tide as a global cannabis company with meaningful scale in both retail and distribution. With strong momentum at home and transformational opportunities abroad, the best is yet to come for High Tide," added Mr. Grover.