BERLIN / LONDON (IT BOLTWISE) – High Tide has opened its first Canna Cabana store in Berlin to conquer the European market. This expansion marks a significant step in the cannabis industry and could significantly impact market dynamics. With its strategic location in Berlin-Mitte, the company aims to build a solid customer base and repeat its success story from Canada in Europe.
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High Tide, a leading North American cannabis retailer, recently opened its first Canna Cabana store in Berlin. This expansion represents a significant milestone as it marks the first time that a North American listed cannabis retailer has entered brick-and-mortar retail in Europe. The store is located at Alte Schönhauser Straße 2, a central location in Berlin-Mitte that is surrounded by cultural and historical attractions.
The opening of the Berlin store is part of High Tide’s ambitious plans to expand its market presence in Europe. After taking over Remexian Pharma GmbH, the company sees great potential in the German market, which is characterized by greater liberalization of cannabis trade. High Tide plans to continue its success story in Canada, where it has established itself as the largest cannabis retailer, in Europe.
The new store offers a wide selection of cannabis accessories and lifestyle products, aiming to appeal to a diverse clientele. The central location in Berlin promises high visitor numbers, which should help the company build a solid customer base. This expansion underscores High Tide’s commitment to the international cannabis trade and its projections for continued growth.
The opening of the Canna Cabana store in Berlin could also serve as a signal for other companies in the cannabis industry to explore the possibilities of the European market. Experts see the liberalization of the German market as an opportunity for significant growth, which makes High Tide’s step all the more significant. The brand is already planning further steps to expand its market presence in Europe.
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