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 “Opaskwayak”
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 work underway on the First Nation Federal Framework on Cannabis was discussed at the inaugural meeting of the AFN Chiefs Committee on Cannabis during the AFN National Cannabis Summit.
This audio was recorded at the September 4-5 2019 AFN National Cannabis Summit at the Westin Bayshore Hotel in Vancouver.
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.
“Cannabis Jurisdiction is Ours: Economic Reconciliation in Action”; Last October marked the end of Canada’s 90-year prohibition. Not only did enthusiasts of medical and recreational cannabis celebrate legalization, but so did First Nation entrepreneurs