Press "Enter" to skip to content

Posts published in “Media Release”

MJardin Awarded Cultivation & Processing License from Health Canada for its Largest Facility

MJardin announced that the Company received a C$11 million payment towards the previously announced Letter of Intent (LOI) joint venture agreement with Peguis First Nation (51%) that will see Peguis purchase the existing land and buildings from MJardin and additionally fund the capital expenditures required to complete Phase 2 of the facility for approximately C$20.5 million. The joint venture agreement is expected to close in early 2020.

Meta Growth Announces $11 Million Loan Agreement and Deepens Relationship With Opaskwayak Cree Nation

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.

Press Release: National Indigenous Cannabis & Hemp Conference 2019

From tworowtimes.com link to release, October 22, 2019 The legalization of marijuana has created new economic opportunities for Canada’s Indigenous population. Still, many communities lack the information necessary to capitalize on the growth of the cannabis & hemp industries. The National Indigenous Cannabis & Hemp Conference (NICHC), Nov. 26-28 at…