07:32 AM EST, 12/18/2024 (MT Newswires) -- High Tide (Nasdaq and TSXV: HITI) on Wednesday said its Canna Cabana retail cannabis store located in Alberta would begin selling recreational cannabis products and consumption accessories for adult use on Thursday, whereas its Ontario store would begin selling consumption accessories for adult use on Dec. 22, with recreational cannabis sales to follow.

The company said it would end 2024 having opened 29 stores across Canada.

"This remarkable growth has been driven by our strong free cash flow, allowing us to expand without tapping into our cash reserves," said High Tide Chief Executive Raj Grover.

Shares of the company closed down $0.11 or 2%, to $4.35 on Tuesday on the TSX Venture Exchange.