High Tide to Open Three Canna Cabana Stores in Two Provinces

High Tide Inc. (HITI ) announced on August 31, 2026, that, pending regulatory approval, it expects to open three new Canna Cabana retail stores over a four-day period in Lindsay and Orléans, Ontario, and Regina, Saskatchewan. Once open, the locations will bring the company’s Canadian Canna Cabana store count to 232, including 105 in Ontario and 14 in Saskatchewan, according to the company.

The Lindsay store, at 351 Kent Street West, Unit 1, is expected to begin selling recreational cannabis products and consumption accessories for adult use on September 2, 2026. The Orléans store, at 900 Watters Road in the Orléans community of Ottawa, is expected to open on September 4, 2026, followed by the Regina store, at 6250 Rochdale Boulevard, on September 5, 2026.

“Every new store must earn its place in our network. These three locations combine strong traffic, high visibility and favourable competitive dynamics, which are exactly the kind of sites where Canna Cabana’s scale, membership base and discount club model can build durable market share and generate attractive returns over time. We are expanding deliberately, not simply chasing store count, and will continue to put site quality and return on invested capital first,” said Raj Grover, High Tide’s founder and chief executive officer.

The Three Locations

High Tide secured the Lindsay premises through an assignment of an existing lease from an established local operator, and the location will be converted to the Canna Cabana banner. Lindsay is the primary municipality in the City of Kawartha Lakes and serves as the regional commercial hub, with cottage-country seasonal traffic. The store sits along a major shopping corridor directly in front of a regional shopping centre anchored by a national grocer, a national home improvement retailer, and a discount department store. The company said the area’s limited competitive density represents an opportunity to establish the banner in a region where quality commercial sites are scarce.

The Orléans store extends the company’s presence into a major eastern Ottawa suburb it is not currently serving, in what High Tide described as a proven market for Canna Cabana. The store is situated in a plaza anchored by a grocer, a discount department store, a national bank, and a mix of quick-service restaurants and commercial retail units, placing it in a commercial hub that residents visit as part of their daily routine. It will be the first Canna Cabana in this east Ottawa community, where more than 110,000 residents live within five kilometres, according to the company.

The Regina store is located along a major neighbourhood thoroughfare, beside a high-traffic gas station and adjacent to a national quick-service restaurant. The site sits in the new northwest Regina node, with approximately 90,000 residents within five kilometres and no competitor within one kilometre, the company said.

Development Pipeline and Company Background

Grover said more than 15 locations are currently at various stages of development, and the company expects a steady cadence of further store announcements through the calendar year-end. “We remain on track to meet our goal of adding at least 20 new Cabanas in calendar 2026, funded from internally generated cash flow,” Grover said. He added that he will provide full financial results and operational highlights for the company’s third fiscal quarter on September 14, 2026.

High Tide describes Canna Cabana as the second-largest cannabis retail brand globally and the largest cannabis retail chain in Canada, with 232 domestic and one international location. Its Canadian bricks-and-mortar operations span British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario, holding what the company characterized as a growing 12% share of the market. In 2021, Canna Cabana became the first cannabis discount club retailer in the world, according to the company, and in 2025 High Tide became the first North American cannabis operator to launch a bricks-and-mortar presence in Germany. The company also owns and operates multiple global e-commerce platforms offering accessories and hemp-derived CBD products.

High Tide’s medical cannabis distribution arm, Remexian Pharma GmbH, is a German pharmaceutical company holding a 14% share of the German medical cannabis market, according to the company. Remexian is built for the importation and wholesale of medical cannabis products at affordable prices and is licensed to import from 22 countries, including Canada.

High Tide was named one of Canada’s Top Growing Companies by the Globe and Mail’s Report on Business in 2025 for the fifth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange in 2022, 2024, and 2025. The company was also ranked number one in the retail category on the Financial Times list of Americas’ Fastest Growing Companies for 2023.

The company cautioned that statements regarding receipt of regulatory approvals, the timing of the openings, the expected benefits of the locations, the level of competition in the areas, and the ability to reach the 20-store goal are forward-looking, based on current beliefs and assumptions, and subject to risks and uncertainties. It said actual results and developments may differ materially from those contemplated by those statements.

High Tide trades on the Nasdaq and the TSX Venture Exchange under the symbol HITI and on the Frankfurt Stock Exchange under the symbol 2LYA.