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.
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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.
Mohawk voters approve legalizing medical and recreational marijuana. Medical marijuana could be for sale at Akwesasne this spring. St. Regis Mohawks could sell medical marijuana as soon as this spring
Many Garden River First Nation band members oppose Bimaadzwin consultation process on Cannabis and were eager to voice their concerns at a band council meeting last night only to arrive and find that the meeting had been cancelled.
The owner of an unlicensed cannabis shop that had been operating in contravention of provincial regulations on Tsleil-Waututh Nation in North Vancouver is crying foul after provincial inspectors raided the store on Friday, shutting it down.
Referendum on New Zealand Cannabis Legalization: the Maori are arrested at significantly higher rates. Approximately 40% of the current Maori prison population are serving sentences for minor possession and supply charges.
A major Canadian cannabis cultivation facility — a joint venture involving Peguis First Nation — is launching its operations in Winnipeg after getting licensed by Health Canada.
About a dozen community members and cannabis dispensary owners in Garden River First Nation (GRFN) were shocked when they arrived at the Band Council office only to find the doors locked and the meeting cancelled.
The Ketegaunseebee Medzin Society is sponsoring a community meeting and feast on Thursday December 19th from 5:30pm-8pm. The meeting is being held “to discuss how we can best adopt the historical governance structures and policies of our ancestors in regards to the beneficial use of the cannabis plant.” The event…
Manitoba’s new cannabis law tightens the canna-conservative province’s control of cannabis possession in public, treating all cannabis not in the stamped container of a licensed producer as illicit cannabis.