OTTAWA, Dec. 22, 2017 /CNW/ - National Access Cannabis
Corp. ("NAC" or the "Company") (TSX VENTURE: NAC), Canada's best practices leader in delivering
secure, safe, and responsible access to legal medical cannabis
today announced that the Company has entered into a Limited
Partnership Agreement (the "Agreement") with the Brokenhead Ojibway
Nation of Manitoba. Under the
terms of the Agreement, the Brokenhead Ojibway Nation have agreed
to partner with NAC to establish a retail recreational cannabis
store on First Nation land located northeast of the Winnipeg, Manitoba, when legally permissible
to do so.
Today's announcement brings the total number of First Nations
partnerships that NAC has announced to date in Manitoba to five. The proposed retail cannabis
locations throughout the province will all be constructed on First
Nation land, staffed by its members and trained using NAC's
proprietary model to ensure safe and secure distribution of legal
cannabis.
"With the backing of its Chief and Council, the Brokenhead
Ojibway Nation join a growing entrepreneurial group of Manitoba's Indigenous First Nations in
providing new jobs to its members and access to legal cannabis to
the surrounding communities," said Mark
Goliger, Chief Executive Officer of National Access
Cannabis. "Positioned about an hour north east of Winnipeg, the strong traffic volumes in the
area provide an ideal location for both retail and potential
medical cannabis distribution."
"The recreational cannabis market has the potential to provide
sustainable opportunities," said Chief Jim
Bear, Brokenhead Ojibway Nation. "Ensuring adherence to our
council policies and maintaining social responsibility are an
important priority and a strong partner like NAC will provide a
wealth of information that will be key to the success of our new
endeavour."
About National Access Cannabis
National Access Cannabis is Canada's best practices leader in delivering
secure, safe, and responsible access to legal medical cannabis. NAC
enables patients to gain knowledge and the legal medical
documentation required to navigate Canada's disparate network of authorized
Licensed Producers of Cannabis. Through its Canada-wide network of care centres, NAC has
partnered with health professionals to improve the quality of life
of its local members and provide services designed to inform,
educate and supply expert advice.
nationalaccesscannabis.com
National Access Cannabis Corp. is listed on the TSX Venture
Exchange under the symbol (TSXV: NAC).
Cautionary Statements
This news release contains "forward-looking information" within
the meaning of applicable securities laws relating to the entering
into of the limited partnership agreements and future developments
including the establishment of a recreational cannabis distribution
network in Manitoba, the structure
thereof and the anticipated benefits to Manitoban stakeholders.
Although the Corporation believes in light of the experience of its
officers and directors, current conditions and expected future
developments and other factors that have been considered
appropriate that the expectations reflected in this forward-looking
information are reasonable, undue reliance should not be placed on
them because the Corporation can give no assurance that they will
prove to be correct. Readers are cautioned to not place undue
reliance on forward-looking information. Actual results and
developments may differ materially from those that are currently
contemplated by these statements depending on, among other things,
the risks and failure to obtain distribution and operating licenses
from applicable regulatory authorities. The Corporation undertakes
no obligation to comment on analyses, expectations or statements
made by third-parties in respect of the Corporation, its
securities, or its financial or operating results (as applicable).
The statements in this news release are made as of the date of this
release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE National Access Cannabis Corp.