National Access Cannabis Corp. (NAC) focuses on patient education and is a leader in regulating safe delivery and accessibility to medical cannabis. The company provides patients with information and legal medical documentation through clinics that work with health professionals.
In the last year the company has managed to grow clinics and memberships and increased revenues to $0.44 million in Q1 of 2018. Current growth estimates put National Access Cannabis at as much as $110 million for 2018. The business is set apart from other cannabis companies through the focus on education for patients, and the fact that it now has a guaranteed license to build retail cannabis distribution locations in Manitoba.
On February 16th 2018, National Access Cannabis was one of four companies which received licenses. The other three companies are Delta 9 Cannabis Inc., Hiku Brands Company, and 10552763 Canada Corporation. National Access Cannabis will be able to build and operate in approved locations by the Manitoba Provincial Government. Although the exact number of locations allowed is still an ongoing discussion.
National Access Cannabis now has two ties that strengthen its position as a cannabis company. NAC announced to further the partnership with CannaRoyalty (CRZ), Cannabis Wheaton Income Corp. (CBW) and Tilray.
The company’s second ties are to five of Manitoba’s indigenous First Nations. National Access Cannabis has agreed with and entered into a partnership with Opaskwayak Cree, Long Plain, Peguis, Nisichawayashihk Cree, and Brokenhead Ojibway. The intent of this partnership is to create retail recreational cannabis locations and distribution network in Manitoba when legally able to.
National Access Cannabis is expecting to have their network of retail cannabis locations opened in Manitoba by Q3 2018, shortly after the legalization of cannabis in Canada which is slated to happen in the summer of 2018.