National Access Cannabis Corp. Enters Saskatchewan and Continues National Retail Expansion with Acquisition of 24th Retail Location

Published: April 23, 2019

National Access Cannabis Corp., Canada’slargest private cannabis retailer,  announced it has closed the previously announced acquisition of Saskatchewan-based New Leaf Emporium Inc.  and will take full operation of the New Leaf Emporium retail cannabis store and offer online sales throughout Saskatchewan.

“Today we’re operating in three provinces,” said Mark Goliger, CEO of NAC. “No other cannabis retailer has our provincial footprint. We’re the national leader in cannabis retail, having opened 24 stores to date in the complex regulatory markets of AlbertaManitoba, and Saskatchewan, however, the journey is just beginning for our Company and our industry.  Our team is focused on building our national retail footprint to 40 stores by the end of calendar 2019, and to 110 stores by the end of calendar 2020. British Columbia is our next target market, followed by Ontario.”

NAC will take full operation of the New Leaf Emporium retail cannabis store, open since October 22, 2018, in central Moose Jaw at the corner of Main and Athabasca and offer online sales throughout Saskatchewan. The New Leaf Emporium store is one of only two stores serving Moose Jaw’s population of 35,000.

The Company currently has 24 cannabis retail locations open in total, distributed provincially as follows:

  • 14 in Alberta
  • 9 in Manitoba
  • 1 in Saskatchewan

In addition to the 24 bricks and mortar stores, NAC is also allowed to sell via its e-commerce platform in the provinces of Manitoba and Saskatchewan, based on provincial regulations.