National Access Cannabis (TSXV:META) announced a loan agreement with the Opaskwayak Cree Nation on which they will lend C$35 million.

As quoted in the press release:

The Company plans to use the proceeds from the Loan to build-out up to 50-70 cannabis retail locations across Western Canada in 2018 under NAC’s retail brand Meta Cannabis Supply Co (“META“), as well as for working capital purposes. META stores are currently under construction in Manitoba.

“This financing enables NAC to fund the build-out of its recreational cannabis retail locations across Western Canada, in order to open in time for cannabis retail legalization on October 17 and capture market share throughout the end of 2018,” said Mark Goliger, Chief Executive Officer of NAC. “With the shift to a recreational cannabis legal framework, it is imperative that NAC has a strong retail footprint established and fully operational by October 17 OCN, one of NAC’s shareholders, understands the importance of this timeline and have supported us by extending the capital necessary to start immediate build-out. NAC forecasts that the Loan will enable NAC to build out up to 100 cannabis retail locations over time, with an initial target of 50-70 stores under development in 2018.”

Click here to read the full press release.


 Matica Enterprises Inc. (CSE: MMJ) (OTCQB: MMJFF) (FSE: 39N) (“Matica” or the “Company”) reports the Company has granted 6,500,000 stock options exercisable at $0.05 for five years from date of grant. These include 4,000,000 options to two officers (who are also directors) and, 2,500,000 to two consultants.

For more information on Matica Enterprises please visit the website at:

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The Company welcomes adult-use customers at its eight dispensaries across the state and will create 120 new jobs in surrounding communities

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Harvest Health & Recreation Inc. (“Harvest”) (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the launch of recreational cannabis sales in Arizona .

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Jason Mitchell Co-Founder, Director and Chief Executive Officer, HempFusion Wellness Inc. (“HempFusion” or the “Company”) (TSX: CBD.U), and his team joined David Chelich Sector Head, Global Energy and Diversified Industries, TMX Group, to celebrate the Company’s new listing on Toronto Stock Exchange and open the market.

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Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE: RVV, USA: RVVTF), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, is pleased to announce that it is one of the seventeen companies in the U.S. and Canada that will be included in the First Psychedelics Exchange Traded Fund, which is managed by Horizons ETF Management.

The Horizons Psychedelic Stock Index ETF index is expected to start trading on Tuesday, January 26, under the ticker PSYK on the NEO exchange.

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