Meta Growth (TSXV:META) has entered into an agreement with a winner in Ontario’s cannabis store lottery relating to a new Kitchener cannabis retail location.
As quoted in the press release:
META anticipates that this will be the first legal cannabis store to open in Kitchener, Ontario.
The winner submitted 589 Fairway Road South in Kitchener as the store location. Pending regulatory approval by the AGCO, and pursuant to the terms of the Agreement, the retail location will be independently owned and operated by the winner, with Meta Growth acting as a consulting partner and service provider, for a 5-year term, to support the store’s operations.
“The Kitchener store is an opportunity to introduce the city’s cannabis consumers to the new Meta Cannabis Co. brand,” said Mark Goliger, CEO of Meta Growth. “With our first to market advantage in the region, combined with our newly announced Toronto META location, we have a solid foundation for a successful rollout of META stores across the province.”