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National Access Cannabis Corp
Symbol C : META
Shares Issued 159,308,933
Close 2018-11-08 C$ 0.78
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National Access opens pot retail store in Manitoba

2018-11-08 10:39 ET - News Release

Mr. Mark Goliger reports

NATIONAL ACCESS CANNABIS CORP. ANNOUNCES TWO NEW CANNABIS RETAIL LOCATIONS TO OPEN IN MANITOBA

National Access Cannabis Corp. has opened Canada's first legal recreational cannabis retail store on first nation land in Opaskwayak Cree Nation (OCN) in Manitoba. In addition, National Access Cannabis expects to attend a prelicence inspection relating to its proposed cannabis retail location in Long Plain First Nation, Portage La Prairie, Man., on Nov. 9, 2018, and be open shortly thereafter. It is expected that these two legal recreational cannabis retail stores will be staffed by first nation members and operate in collaboration under National Access Cannabis's retail brand, Meta Cannabis Supply Co.

The retail locations are as follows:

  • Open -- Meta Cannabis Supply Co., Otineka Mall, Highway 10 North, Opaskwayak, Man., R0B2J0;
  • Looking to open on Friday, Nov. 9, 2018 -- Meta Cannabis Supply Co., 79 Keeshkeemaquah Dr., Portage La Prairie, Man., R1N 4B1.

"I'm especially proud to announce these new Meta locations," commented Mark Goliger, chief executive officer of National Access Cannabis. "They represent the commitment and strength we have in our relationships with the Opaskwayak Cree Nation and Long Plain First Nation. These partnerships with first nations represent a pivotal moment in our vision to build an expanding footprint of legal cannabis retail operations across Canada. Additionally, when added to the operational four NewLeaf-branded stores opened in Alberta last week, it proves the power of our diversified retail strategy as we build momentum across Canada."

"We have partnered with NAC to work toward further development for OCN and our community," commented Onekanew (chief) Christian Sinclair of Opaskwayak Cree Nation, National Access Cannabis board member. "This Meta store launch is a historic and exciting moment for our industry, and will create local jobs and proper education for the legal cannabis retail model, and we have invested time and financing to support NAC for their retail expansion because we believe in it."

The Manitoba government has previously awarded the company authorization to operate 10 privately owned retail cannabis stores, as well as an e-commerce platform, in the province of Manitoba. Additionally, as part of an anticipated opening of up to 220 retail cannabis locations across Canada over the next 18 months, 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 National Access Cannabis leadership.

About National Access Cannabis Corp.

National Access Cannabis is Canada's best practices leader in delivering secure, safe and responsible access to legal cannabis. Through its Canada-wide network of care centres, pharmacies, NAC Bio Inc.'s clinical research division, NewLeaf recreational cannabis retail stores and Meta Cannabis Supply Co. recreational cannabis retail stores, National Access Cannabis enables patients and the public to gain knowledge and access to Canada's network of authorized licensed producers of cannabis.

We seek Safe Harbor.

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