National Access Cannabis Appoints New Chief Financial Officer and Senior Vice-President of Retail

Published: February 27, 2019

National Access Cannabis Appoints New Chief Financial Officer and Senior Vice-President of Retail

National Access Cannabis Corp., 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 4th, 2019. Current CFO Michael Best will remain with NAC and has been appointed Chief Accounting Officer.

Michael Cosic brings 25 years of diverse experience to NAC, including in finance and capital markets, as well as in financial operations and strategic M&A from both the private and public sectors. He joins NAC from DLT Labs Inc., where he served as Chief Financial Officer. Previously, Mr. Cosic was the Chair of the Audit Committee of Vancouver’s Eastern Platinum Limited. Prior to mid 2016, he held the position of Vice President of Finance at BridgePoint Financial Services Inc. and Lithium Americas Corporation.

Lori Bailey joins NAC with more than 20 years of executive-level experience in retail operations and customer engagement. She joins NAC from her recent role as Head of Retail at Canopy Growth Corporation. Previously, she served as Senior Vice President of Retail Operations and Chief Customer Experience Officer at Sears Canada, overseeing 140 retail stores and more than 500 dealer and agent locations. Lori has also held a range of executive positions at well-known retail stores throughout her career including Nine West, Gap Canada, Jones New York, and Laura Canada.

“We welcome experienced financial and retail leaders Michael and Lori, to the NAC team,” said Mark Goliger, CEO of NAC. “Our organization is in the midst of a period of rapid growth and we are confident that these additions will further enable the Company to scale its retail footprint efficiently while driving strong results from existing locations. I would also like to thank Mike Best for his invaluable contribution as Chief Financial Officer and know he will continue to be successful in his new role as Chief Accounting Officer.”

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