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National Access Cannabis Corp (META-X) Quote - Press Releases

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Latest Press Releases

The True "Green Rush" is Coming in 2020, and Only a few Retail Companies are Ready for it
- PR Newswire - Tue Dec 10, 7:00AM CST
PR Newswire - CMTX
Tue Dec 10, 7:00AM CST
There's no hiding the fact that the legal recreational pot industry has underperformed. Challenges primarily at the retail level--such as a lack of dispensaries, unnecessarily burdensome regulations, and a rapid erosion of investor trust--have led the pot space to fall short of reaching its full potential. Investors can't be blamed for feeling hesitant to put money on pot stocks, but the hardship that the industry currently faces does not indicate that the market should be abandoned. In fact, the potential for adult-use recreational pot is still high, the pay-off has simply been delayed. This last year lacked most of the catalysts that investors were relying on to kick the industry into gear, but many of them will arrive in 2020. Until then, the market is undergoing a period of correction that will "weed out" the truly underperforming companies from the ones that can deliver. By studying the moves of pot companies that have spent 2019 investing in growth and future business strategies, we can find the pot stocks that are positioned to dominate the space in the coming years. Specifically, companies like Meta Growth Corp. (TSXV:META), OrganiGram Holdings (TSX:OGI) (NASDAQ:OGI), Fire & Flower Holdings Corp (TSX:FAF) (OTCPK:FFLWF), Supreme Cannabis Company (TSX:FIRE) (OTCQX:SPRWF) and Aphria Inc (TSX:APHA) (NYSE:APHA) are positioned to grow rapidly in the near term and flourish in the long term.
Meta Growth Common Share Interest Election
- CNW Group - Mon Nov 11, 3:34PM CST
CNW Group - CMTX
Mon Nov 11, 3:34PM CST
National Access Cannabis Corp (TSXV: META) d/b/a Meta Growth ("Meta Growth", "META" or "the Company"), Canada's largest publicly traded recreational cannabis retailer by revenue(1), previously announced on January 7, 2019 that it had received approval from the TSX to distribute $21,150,000 aggregate principal amount of 8.0% convertible secured senior debentures (the "Debentures") as governed by a convertible debenture indenture made as of November 23, 2018, between the Company and TSX Trust Company (the "Debenture Indenture"). In accordance with the Debentures, interest in the amount of $846,000.00 is due and payable to Debentureholders on November 30, 2019 (the "Current Interest Obligation").
National Access Cannabis Corp. to Participate at the Eight Capital & Cassels Global Cannabis Conference on Thursday September 19, 2019 and Announces Change to Management Team
- CNW Group - Tue Sep 17, 8:22PM CDT
CNW Group - CMTX
Tue Sep 17, 8:22PM CDT
National Access Cannabis Corp. ("NAC" or "the Company") (TSXV: META), today announced that it is scheduled to participate in a panel at the Eight Capital & Cassels Global Cannabis Conference being held on September 19, 2019, at the Shangri-La Hotel in Toronto.
Are Small Retail Cannabis License Holders Being Targeted by Larger Firms
- PR Newswire - Tue Aug 6, 7:45AM CDT
PR Newswire - CMTX
Tue Aug 6, 7:45AM CDT
With the possible legalization of recreational use on the radar, large marijuana companies are looking at a $22.7 billion national market by 2023. In many states, the competition to acquire cannabis licenses was intense. Both big established companies and mom & pop startups rushed to be granted a license to operate retail dispensaries for medical and, where legal, recreational marijuana sales. In the aftermath, the playing field has morphed into a free for all, of sorts by larger companies, trying to increase their retail operations by gobbling up the smaller licensees. A recent article in the paper of record for Philadelphia, The Philadelphia Inquirer, outlined how the game has changed in Pennsylvania and in most other states: "The companies that are already in place as medical operators will have first-mover advantage in the recreational market," said (the) director of research for the Brightfield Group, "So in the East, we expect continued mergers and acquisitions activity." Among the 75 or so companies that won permits in Pennsylvania, several still haven't grown or sold a single gram of cannabis. And yet, many have entertained interest from multi-state operators like Harvest. "The speed at which it's happening is blistering." Active companies in the industry making moves to ready that include: Choom(TM) Holdings Inc. (OTCQB: CHOOF) (CSE: CHOO), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Fire & Flower Holdings Corp. (OTCPK: FFLWF) (TSX-V: FAF), Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), National Access Cannabis Corp. (TSX-V: META) (OTCPK: NACNF).
Are Small Retail Cannabis License Holders Being Targeted by Larger Firms
- Financial News Media - Tue Aug 6, 7:30AM CDT
Financial News Media - CMTX
Tue Aug 6, 7:30AM CDT
Palm Beach, FL -August 6, 2019 – With the possible legalization of recreational use on the radar, large marijuana companies are looking at a $22.7 billion national market by 2023. In many states, the competition to acquire cannabis licenses was intense. Both big established companies and mom & pop startups rushed to be granted a license to operate retail dispensaries for medical and, where legal, recreational marijuana sales. In the aftermath, the playing field has morphed into a free for all, of sorts by larger companies, trying to increase their retail operations by gobbling up the smaller licensees. A recent in the paper of record for Philadelphia, The Philadelphia Inquirer, outlined how the game has changed in Pennsylvania and in most other states: "The companies “that are already in place as medical operators will have first-mover advantage in the recreational market," said (the) director of research for the Brightfield Group, "So in the East, we expect continued mergers and acquisitions activity." Among the 75 or so companies that won permits in Pennsylvania, several still haven't grown or sold a single gram of cannabis. And yet, many have entertained interest from multi-state operators like Harvest. "The speed at which it's happening is blistering." Active companies in the industry making moves to ready that include: (OTCQB: CHOOF) (CSE: CHOO),(NYSE: ACB) (TSX: ACB), (OTCPK: FFLWF) (TSX-V: FAF), . (CSE: CURA) (OTCQX: CURLF), (TSX-V: META) (OTCPK: NACNF).
Latest Reports Project Continued Steady Growth for Canadian Cannabis Market
PR Newswire - Thu Jul 18, 7:45AM CDT
PR Newswire - CMTX
Thu Jul 18, 7:45AM CDT
Projections for the Canadian cannabis markets (medical & recreational) are numerous and vary... but the one thing they all agree on is that the markets will continue to rise... substantially! In a report, Cannabis Business Plans describes the overall picture as follows: "Canadian cannabis market has been steadily growing. The country has seen an average of a 10 percent increase each month in the number of Canadian patients signed up to receive medical cannabis. The sale of dried cannabis has grown steadily at 6 percent a month, and the sale of cannabis oil has been growing by 16 percent a month. In 2017, about 4.9 million Canadians aged 15 to 64 spent an estimated $5.7 billion on cannabis for medical and non-medical purposes. This was equivalent to around $1,200 per cannabis consumer. In 2018, Canadians spent $1.6 billion on legal cannabis, more than double the amount that was spent on solely medical cannabis in 2017, according to a new report "The State of Legal Marijuana Market", released by Arcview Market Research and BDS Analytics. Active companies in the industry making moves to ready that include: Choom(TM) Holdings Inc. (OTCQB: CHOOF) (CSE: CHOO), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Fire & Flower Holdings Corp. (TSX-V: FAF) (OTCPK: FFLWF), National Access Cannabis Corp. (TSX-V: META) (OTCPK: NACNF), Tilray, Inc. (NASDAQ: TLRY).
National Access Cannabis Corp. Common Share Interest Election
- CNW Group - Tue May 7, 6:26PM CDT
CNW Group - CMTX
Tue May 7, 6:26PM CDT
National Access Cannabis Corp. ("NAC" or the "Company") (TSXV: META), Canada's largest private cannabis retailer, had previously announced on January 7, 2019 that it had received approval from the TSX to distribute $21,150,000 aggregate principal amount of 8.0% convertible secured senior debentures (the "Debentures") as governed by a convertible debenture indenture made as of November 23, 2018, between the Company and TSX Trust Company (the "Debenture Indenture"). In accordance with the Debentures, interest in the amount of $41.78 for each $1,000 of Debentures is due and payable to Debentureholders on May 31, 2019 (the "Current Interest Obligation").
Trichome Financial Corp. provides update on proposed qualifying transaction with 22 Capital Corp. and subscription receipt financing
- CNW Group - CND - Wed Apr 24, 10:13PM CDT
CNW Group - CND - CMTX
Wed Apr 24, 10:13PM CDT
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./
National Access Cannabis Appoints New Chief Financial Officer and Senior Vice-President of Retail
- CNW Group - Tue Feb 26, 6:45AM CST
CNW Group - CMTX
Tue Feb 26, 6:45AM CST
National Access Cannabis Corp. ("NAC" or the "Company") (TSXV: META), a best practices leader in delivering secure, safe and responsible access to legal cannabis in Canada, today announced the appointment of Michael Cosic as Chief Financial Officer ("CFO") and Lori Bailey as Senior Vice-President of Retail. Lori has already joined the Company and Michael will be joining on March 4(th), 2019. Current CFO Michael Best will remain with NAC and has been appointed Chief Accounting Officer.
Canadian Consumers Showing Preference for In-Person Cannabis Purchases
PR Newswire - Wed Feb 13, 7:30AM CST
PR Newswire - CMTX
Wed Feb 13, 7:30AM CST
There are things one can buy online and things some just don't! Most people can understand buying electronic devices, furniture, even cars online but some things consumers just have to hold in their hands, look at, try on and, of course smell! Its official cannabis is in the latter category. A recent article in the Marijuana Business Daily took a look at the legal cannabis spending in Canada by Province. The report covered October-November 2018. "Provinces with more physical cannabis stores saw significantly higher per-person sales in the six weeks after Canada's legalization of recreational marijuana, according to new data from Statistics Canada - an indication that consumers have a strong preference to buy their cannabis offline. British Columbia - the province with the biggest underground cannabis economy - reported the lowest per-person legal cannabis purchases, at just 68 Canadian cents per person from sales of 3.3 million Canadian dollars ($2.47 million). British Columbia managed to open only one government-run retail store for the first day of legalization while first-day sales from the province's online channel were described as "horrifying." Active companies in the industry making moves to ready that include: Choom(TM) Holdings Inc. (CSE: CHOO) (OTC: CHOOF), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), MedMen Enterprises Inc. (CSE: MMEN) (OTC: MMNFF), National Access Clinic Corp. (TSX-V: META) (OTC: NACNF), Tilray, Inc. (NASDAQ: TLRY)

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