200th High Tide Canna Cabana Retail Cannabis Store Opened in Alberta

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In a recent press release, Hide Tide Inc. (High Tide) revealed that the company will be opening their 200^th Canna Cabana retail cannabis store in Sherwood Park, Alberta. The new location will officially open for business on June 3, 2025 (1).

With the new Sherwood Park, Alberta location being High Tide’s 200^th retail cannabis location, it marks a major milestone for the company (1). Upon its grand opening in June, the organization will have 200 Canna Cabana stores throughout Canada and 87 enterprises in the Alberta province. The location will feature a variety of recreational cannabis products and adult use consumption accessories (1).

“Our very first Cabana opened its doors in Calgary in October 2018, and six years later, I'm proud to say we're still growing in our home province as we celebrate the opening of our 200th store in Sherwood Park, Alberta,” Raj Grover, Founder and Chief Executive Officer of High Tide, explained (1). “This milestone is a testament to our disciplined and strategic approach to growth, which prioritizes quality over quantity. By focusing on high-traffic, high-potential locations and passing on countless subpar deals, we've avoided the wave of store closures affecting others in the sector and continued to deliver real, sustainable value to our shareholders.”

Grover added (1), “Over the last two years, our growth has been primarily funded by our own cash flow, with the majority of it driven organically. That is something incredibly rare in cannabis retail. We've built what we believe is the best model in the industry, backed by over 1.8 million loyal Cabana Club members who continue to validate our vision.”

“None of this would be possible without the relentless dedication of our incredible team, the support of our resourceful and engaged board, and above all, the continued trust of our loyal customers. I want to express my sincere gratitude to each of them for believing in our vision and helping bring it to life,” Grover said (1). “With a clear growth trajectory ahead, I'm confident that High Tide will surpass 300 stores in Canada—and we'll achieve that the same way we always have: responsibly, strategically, and with our eyes firmly on long-term value creation.”

The new Canna Cabana cannabis retail store is located at 2020 Sherwood Drive in Sherwood Park, Alberta.

Reference

1. High Tide Inc. High tide marks major milestone with opening of 200th Canna Cabana location in Alberta https://www.prnewswire.com/news-releases/high-tide-marks-major-milestone-with-opening-of-200th-canna-cabana-location-in-alberta-302467905.html (accessed May 29, 2025).