High Tide Opens 8th Canna Cabana Cannabis Store in Edmonton, Announces First Quarter 2022 Financial Results Release Date
High tide inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) began selling adult recreational cannabis products through its Canna Cabana retail cannabis store at 8927 82 Whyte Avenue in Edmonton, Alberta.
This opening represents the 112th of High Tide branded retail store across Canada and 61st in Alberta, selling recreational cannabis products and consumables. The store is High Tide’s eighth to open in Edmonton, Alberta’s capital and second largest city with a metropolitan population of 1.4 million.
“I am pleased to announce that today we are bringing our innovative discount club model to even more Edmontonians. Edmonton has one of the youngest and highest earning demographics of major cities in Canada, and the stores we’ve already opened here have been very well received,” said Raj GroverPresident and CEO of High Tide.
“Additionally, with the impending launch of e-commerce and private sector delivery in Alberta, our customers will soon have even more options to have access to our guaranteed low prices in all our stores across the province. We will continue to seek to expand our footprint in all provinces where we operate by strategically adding new organic locations, such as this one, as well as through accretive acquisitions. I will share details on our progress and continued momentum as we release our first quarter financial results on March 17,” Grover added.
The company will publish its financial and operating results for the quarter ended January 31, 2022after the closing of the financial markets March 17, 2022. High Tide’s first quarter 2022 financial and operating results will be available on SEDAR and on the Company’s website.
Following the release of its first quarter financial and operating results, High Tide will host a webcast with Raj Grover and Rahim KanjiChief Financial Officer, at 5:30 p.m. ET on March 17, 2022. The webcast and conference call will discuss High Tide’s first quarter 2022 financial and operating results, as well as the company’s plans for the remainder of 2022.