High Tide’s Cabana Club Loyalty Program Surpasses 1.5M Members In Canada
Alberta-Based, High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) announced that its Cabana Club loyalty program has surpassed 1.5 million members across Canada. Membership has increased by 5% since June 13, 2024, marking an annual growth rate of 37%. Since launching its discount club model in October 2021, over 1.2 million members have joined, reflecting a growth of more than 400%.
“I am thrilled that our first-of-its-kind discount club model in cannabis has grown by more than 400% in just a few short years. This rapid surge in loyalty has resulted in our Canna Cabana store network generating more than 111% growth in same-store sales since the launch of the discount club model” said founder and CEO Raj Grover.