High Tide Inc., an Alberta-based, retail-focused cannabis company, has opened its first KushBar retail cannabis store.
The first KushBar store is located in Unit 360 at 6805 48th Avenue in Camrose, Alberta.
The store received its first delivery of cannabis from Alberta Gaming, Liquor and Cannabis (AGLC) and began selling recreational cannabis products and accessories on September 13.
“Bringing this new retail brand to market with our joint venture partner is an exciting development for our company and our customers,” said Raj Grover, president and chief executive officer of High Tide.
“The KushBar retail experience offers a modern alternative to the Alberta market, with more locations expected to be opened in the near future.”
Currently, High Tide has 25 branded locations selling recreation cannabis products across Canada, including the KushBar Store.
High Tide acquired 50.1 per cent of the KushBar brand in July 2018.
“Our goal is for KushBar locations to offer cannabis consumers an elevated experience with proprietary products, excellent customer service and attractive décor,” Grover said.
Alongside KushBar, High Tide’s subsidiaries include RGR Canada Inc., Famous Brandz Inc., Kush West Distribution Inc., Smoker’s Corner Ltd., Grasscity.com and Canna Cabana Inc.
The company will soon have 27 branded retail cannabis locations across Canada, barring any changes to the current rate of licensing by AGLC.
The remaining Canna Cabana and KushBar stores needed to achieve the AGLC’s maximum of 15 per cent market share are currently under various stages of development and construction.
Outside of Alberta, High Tide currently has a Canna Cabana retail cannabis store in Swift Current, Saskatchewan, along with three branded locations in Hamilton, Sudbury and Toronto, Ontario.
Founded in 2009 and approved by the Canadian Franchise Association, Smoker’s Corner Ltd. is among Canada’s largest counter-culture chains with 13 locations. Kush West Distribution is in the process of becoming a cannabis wholesaler in the province of Saskatchewan.