- NAC now has opened 6 cannabis retail locations in
Manitoba. Four of the six stores
are in partnership with First Nations, including a new location in
Thompson, Manitoba in partnership
with the Nisichawayasihk Cree Nation.
- NAC is looking to open to open at least 14 recreational
cannabis stores in Manitoba with
four stores in partnership with Manitoban First Nations, all under
the META™ brand, by early 2019.
- With 20 stores in Manitoba
and Alberta, the Company is larger
by store count than any private cannabis retailer and equal in
store count to the largest public cannabis retailer in Canada, according to provincial licensing
statistics.
TORONTO, Dec. 13, 2018 /CNW/ - National Access Cannabis
Corp. ("NAC" or the "Company") (TSXV: META), a best practices
leader in delivering secure, safe and responsible access to legal
cannabis in Canada, today announced the opening of a cannabis
retail store on First Nation land in Nisichawayasihk Cree Nation
("NCN"), Thompson, Manitoba.
The new retail location is listed below:
Open:
Meta Cannabis Supply Co.
58 Cree Rd
Thompson, MB
R8N ON2
"I am proud to announce the opening of another META store in
partnership with First Nations," said Mark
Goliger, CEO of NAC. "Bringing our META brand to
Thompson, Manitoba in partnership
with the Nisichawayasihk Cree Nation, proves our retail strategy
and momentum as we quickly roll-out new stores. Thompson,
Manitoba is known as the 'Gateway
to the North', and this new store will act as another gateway,
providing safe and legal access to recreational cannabis for the
more than 50,000 poeple that use Thompson as a shopping and travel-through hub.
Adding six stores in Manitoba to
our 14 NewLeaf locations in Alberta, brings us to a total of 20 stores,
maintaining NAC as the largest private retailer in Canada. This is just the beginning – we're
still growing."
The Manitoba government
previously awarded the Company authorization to operate 10
privately owned retail cannabis stores, an e-commerce platform, and
four additional retail stores in partnership with First Nations
groups in the Province of Manitoba. The Company continues to develop its
retail strategy to open more legal cannabis retail locations in
partnership with three Manitoban Indigenous First Nations
(Opaskwayak Cree Nation, Long Plain First Nation, and
Nisichawayasihk Cree Nation). These partnerships are expected to
establish retail cannabis distribution on First Nation lands under
Indigenous and NAC leadership.
Previous announcements regarding NAC's Manitoba expansion may be found through the
following links:
December 8, 2018 – National Access
Cannabis Corp. Provides Retail Sales and Corporate Update
November 8, 2018 – National Access
Cannabis Corp. Announces Two New Cannabis Retail Locations to Open
in Manitoba
October 16, 2018 – National Access
Cannabis kicks off "legalization day" with unveiling of first Meta
Cannabis Supply Co. retail store
September 20, 2018 – National
Access Cannabis Corp. Announces Execution of Cannabis Retail
Organization Agreement with the Province of Manitoba
February 16, 2018 – Successful
Response to Manitoba Private Cannabis Industry RFP
About National Access Cannabis Corp.
NAC
is a best practices leader in delivering secure, safe,
and responsible access to legal cannabis in Canada. Through its Canada-wide network
of medical cannabis clinics, partner pharmacies, NAC Bio's clinical
research division, Meta Cannabis Supply Co.™ and NewLeaf Cannabis™
recreational cannabis retail stores, NAC enables patients and the
public to gain knowledge and access to Canada's network
of authorized Licensed Producers of cannabis. NAC is listed on the
TSX Venture Exchange under the symbol (TSXV: META).
For more information, visit:
www.nationalaccesscannabis.com
www.metacannabis.com
www.newleafcannabis.ca
www.nacbio.com
www.nacmedical.com
Cautionary Statements
This news release
contains forward looking statements and forward-looking information
within the meaning of applicable securities laws. The use of
any of the words "expect", "anticipate", "continue", "estimate",
"objective", "ongoing", "may", "will", "project", "should",
"believe", "plans", "intends" and similar expressions are
intended to identify forward looking statements or information.
Forward-looking statements and information in this news release
includes, but is not limited to, the planned opening of cannabis
retail stores and the planned opening dates of same, the locations
of cannabis retail stores, the launch of an online cannabis retail
store in Manitoba, and NAC's plans to establish retail
cannabis distribution networks in Manitoba through
partnerships with Indigenous First Nations. Although the Company
believes that the expectations and assumptions on which the
forward-looking statements and information are based are
reasonable, undue reliance should not be placed on the
forward-looking statements and information because the Company
cannot give any assurance that they will prove to be
correct. Since forward looking statements and information
address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results and
developments may differ materially from those that are currently
contemplated by these statements depending on, among other things,
risks relating to the ability to obtain or maintain licenses to
retail cannabis products; future legislative and regulatory
developments involving cannabis; inability to access sufficient
capital from internal and external sources, and/or inability to
access sufficient capital on favourable terms; the labour market
generally and the ability to access, hire and retain employees; and
the medical and retail cannabis industry
in Canada generally. The Company cautions that the
foregoing list of risks and uncertainties is not
exhaustive.
The forward-looking statements and information contained in
this news release are made as of the date hereof and the Company
undertakes no obligation to update publicly or revise any
forward-looking statement or information, whether as a result of
new information, future events or otherwise, unless so required by
applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE National Access Cannabis Corp.