[PRESS RELEASE] – CALGARY, Alberta, April 28, 2025 – Top Tide Inc., the high-impact, retail-forward endeavor constructed to ship real-world price throughout each and every element of hashish, introduced that it generated CAD $6.8 million in general retail gross sales from April 17-20. The gross revenues have been throughout all retail platforms, representing a ten% build up from the similar time frame within the earlier week.
4/20 Giveaway
This 12 months, Canna Cabana introduced its biggest ever 4/20 visitor appreciation giveaway, with $100,000 CAD awarded to the grand prize winner. The competition ran from March 1 to April 20, with entries last on 4/20 at 4:20 p.m.
In mild of new occasions, and as a proud Canadian corporate with greater than 1.8 million Cabana Membership contributors throughout Canada, the corporate determined to modify this 12 months’s annual 4/20 giveaway to characteristic a money grand prize, as an alternative of providing the winner a Tesla Style Y as in earlier years.
The corporate is happy to proportion that the winner of this 12 months’s contest is an ELITE member from Winnipeg, Manitoba—following at the heels of winners in Ontario and Alberta from earlier years.
“This previous 4/20 lengthy weekend, we have been extremely joyful to look robust and accelerating gross sales momentum throughout all of Top Tide’s retail channels,” Top Tide founder and CEO Raj Grover stated. “Our customer-first technique is proving to be a profitable formulation, serving to to put Canna Cabana because the go-to retail emblem for hashish lovers national. It is transparent that our distinctive retail fashion, paired with unequalled price and loyalty choices, continues to set Top Tide except for the pack.
“I am additionally proud to proportion that over 1.8 million Canadians are actually a part of our Cabana Membership neighborhood, with ELITE memberships increasing at their quickest tempo ever. As at all times, our annual 4/20 giveaway used to be open to all legal-age Canadians, and this 12 months’s $100,000 money prize winner used to be as soon as once more an ELITE member. It is a testomony to the deep engagement we are development thru our loyalty program. Giving again to our shoppers will at all times be on the core of what we do, and we are dedicated to continuously elevating the bar for price, provider and revel in in hashish retail.”
Worker Inventory Choices Grant
As well as, Top Tide publicizes the grant of 136,000 incentive inventory choices to quite a lot of workers, experts and control of the corporate. Every choice is exercisable on the last worth of the corporate’s not unusual stocks indexed at the TSX Project Trade according to the remaining buying and selling day in an instant previous to this press liberate, expires 3 years from the date of grant, and vests over a two-year duration. Every choice is exercisable to buy one not unusual proportion of the corporate and is being issued pursuant to the phrases of the corporate’s omnibus plan, which become efficient on June 2, 2022.
