National Access Cannabis Corp. d/b/a Meta Growth, Canada's largest publicly traded recreational cannabis retailer by revenue1, today announced that it has entered into a loan agreement with Opaskwayak Cree Nation ("OCN") in respect of an unsecured loan, pursuant to which OCN will lend up to $11,000,000 to META (the "Loan"). The Company plans to use the proceeds from the Loan to fund the build-out of its Ontario portfolio of cannabis retail locations as well as for working capital purposes.
Posts published in “National Access Cannabis”
How OCN's leader took the Manitoba First Nation from 'paycheque to paycheque' to cannabis business leader. Sinclair's financial stake in National Access Cannabis came with a seat on the company's board and some new acquaintances.
The federal government's lead minister on the cannabis file has been in talks with First Nations leaders over how to carve out First Nations jurisdiction over the cannabis industry on their territories.
APTN | Face to Face | January 15, 2019 by Dennis Ward | 0 Comments Video link here. It was only a few years ago that Opaskwayak Cree Nation was near bankruptcy and third-party management. Now, the northern Manitoba First Nation is the largest shareholder in Canada’s largest private cannabis retail operator. OCN Chief Christian Sinclair…
About six hours north of Winnipeg, in the small town of Opaskwayak, Man., lies a 1,500-square-foot retail store, fully stocked with cannabis, ready for business.
Reprinted from CTV News. Video Coverage here. OPASKWAYAK CREE NATION, Manitoba — The drums echoed across the empty muddy parking lot outside the local hockey arena as if a call out to the entire community. Despite the howling winds and subzero temperatures, almost instantly dozens began to arrive. By foot,…