09:27 AM EDT, 08/20/2025 (MT Newswires) -- High Tide , cannabis retailer, on Wednesday rose 1.3% in U.S. pre-market after it said it will open two new Canna Cabana branded locations in Saskatchewan and Ontario.

"With many more stores in our pipeline, I remain confident we will achieve the higher end of our 2025 target range," said High Tide Chief Executive Raj Grover. "Beyond Canada, our German entry and the potential for U.S. reform open the door for even greater opportunities, putting High Tide at the center of a global cannabis growth story."

The company's new Canna Cabana retail cannabis store located in Saskatoon began selling recreational cannabis products and consumption accessories for adult use on Aug. 18, and the one in Lasalle, Ontario, will open on August 25. These openings bring its total store count to 205 Canna Cabana branded locations across Canada, 13 in the province of Saskatchewan, and 84 in the province of Ontario.

U.S.-listed shares of the company were last seen up $0.04 at $3.10 in pre-market trading.