CALGARY, May possibly possibly 17, 2019 /CNW/ – Larger Tide Inc. (CSE:HITI) (OTCQB:HITIF) (FRA:2LY), an Alberta-mainly primarily based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis way of life merchandise, appropriate now announced that Canna Cabana has been granted membership into the Canadian Franchise Association (“CFA”). Larger Tide is now in possession of a Certificate of Membership for every single the Smoker’s Corner retail smoking accessories enterprise and the Canna Cabana retail cannabis enterprise, which is exceptional in Canada.
The CFA is a national, not-for-profit association of additional than 700 corporate members representing far more than 40,000 franchise enterprise owners and is the recognized authority on franchising in Canada.
“With Canna Cabana becoming a CFA member, we can now provide you achievable franchisees the unparalleled choice involving two CFA-authorized cannabis-connected enterprises to obtain and operate,” stated Raj Grover, President and Chief Executive Officer of Larger Tide. “With a total of nine present franchisees involving the Smoker’s Corner and Canna Cabana enterprises, franchising has been an integral element of Larger Tide’s retail method due to the fact 2014”, added Mr. Grover.
According to the CFA, Canadian franchises contribute far more than $100 Billion per year to the economy, make jobs for far more than 1.9 Million Canadians and permit far more than 76,000 hardworking franchisees to be their private boss as the owner of their private modest enterprise.
Larger Tide is a rapidly establishing enterprise with a broad retail presence across Canada. It at present has 13 Canna Cabana retail places licensed in Alberta and continues to advance its subsequent 23 places, which are beneath various stages of improvement and constructing. In Ontario, two Canna Cabana-branded retail cannabis places in Hamilton and Sudbury had been opened on April 20th and every single are performing strongly in every single and just about every market, with the subsequent branded retail cannabis spot in downtown Toronto in the coming weeks. In Saskatchewan, the Firm is progressing by way of the final measures to total two pending retail cannabis acquisitions. Lastly, across Alberta, British Columbia and Nova Scotia there are 13 Smoker’s Corner accessories shops, of which five are corporately owned and eight are franchises.
About Larger Tide Inc.
Larger Tide is an Alberta-mainly primarily based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis way of life merchandise. It is a vertically-integrated organization in the Canadian cannabis market, with portfolio subsidiaries such as RGR Canada Inc., Renowned Brandz Inc., Kush West Distribution Inc., Smoker’s Corner Ltd., Grasscity.com, Canna Cabana Inc. and the majority of KushBar Inc. Larger Tide’s method as a parent organization is to extend and strengthen its integrated worth chain, even though providing a total customer encounter and maximizing shareholder worth. Crucial sector investors in Larger Tide incorporate Aphria Inc. (TSX: APHA) (NYSE: APHA), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) (FRA: 21P) and FSD Pharma Inc. (CSE: Massive) (OTC: FSDDF) (FRA: 0K9).
Featured image courtesy of Sudbury.com.