National Access Cannabis Corp. announces being granted five additional cannabis retail licenses in Alberta and new store openings

Press Release

• Three operational retail locations have opened in Calgary, with an additional location in Lethbridge set to openMonday, November 5
• Six additional retail locations in Calgary, Lethbridge and St. Albert have received licenses and are currently ordering and receiving product, set to open in November 2018

OTTAWA, Nov. 1, 2018– 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 licensing of a total of 10 cannabis retail stores in Alberta. Three retail locations under the brand NewLeaf Cannabis™ (“NewLeaf”), 100% owned by NAC, have opened to the public in Calgary, Alberta, with Lethbridge’s first cannabis retail store on Mayor Magrath Drive set to open Monday, November 5. NAC also announced licenses have been granted for six additional NewLeaf store locations in north Calgary, Lethbridge and St. Albert, each at various stages of ordering and receiving product.

The 10 recently licenced NewLeaf retail locations are listed below:

Opened October 28, 2018:
Deer Run Location – Calgary, Deer Valley: #18, 13750 Bow Bottom Trail SE, T2J 6T5
Southland Location – Calgary, Southland: #111, 13 Southland Crescent SW, T2W 0K4
Midnapore Location – Calgary, Midnapore: #29, 240 Midpark Way SE, T2X 1N4

Opening Monday, November 5, 2018:
Mayor Magrath Location – Lethbridge, Mayor Magrath: 1328 Mayor Magrath, T1K2R2

License In-Hand:
Mission Location – Calgary, Roxboro: #21, 2500 – 4 Street SW, T2S 1X6
Westbrook Location – Calgary, Westbrook: #110, 1935 – 37 Street SW, T3E 3E4
Gateway Village Location – St. Albert, Gateway Village: #207, 2 Herbert Road, T8N 5T8
Westgate Location – Lethbridge, Westgate: #20, 338 University Drive West, T1J 5C9
32^nd Ave Location – Calgary: #9, 2015 – 32 Avenue NE, T2E 6Z3
Castleridge Location – Calgary, Castleridge: #9, 12 Castleridge Drive NE, T3J 1V4

“It’s amazing to see this momentum,” said Mark Goliger, CEO of NAC. “With three stores open in Calgary already and Lethbridge’s first cannabis retail store set to open next week, we’re delivering on our strategy to provide Alberta’scustomers with exceptional in-store experiences, education and access to recreational cannabis. We’re working diligently toward our goal of 37 cannabis retail locations in Alberta, under the NewLeaf and Meta Cannabis Supply Co. brands.”

NAC acquired 100 per cent of The Green Company Ltd. and the NewLeaf brand in September 2018 to strengthen and enhance its footprint in the province. The acquisition added a second retail brand to its roster in addition to the Company’s existing Meta Cannabis Supply Co.™ (“META”) brand. NAC is working with the Alberta government to open all 25 of their proposed NewLeaf Cannabis stores as soon as possible. The NewLeaf Cannabis website will continue to keep the communities they serve updated in real time as the retail stores come online.

Previous announcements regarding NAC’s acquisition of NewLeaf Cannabis can be found through the following links:

October 25, 2018 – National Access Cannabis announces first five NewLeaf Cannabis retail license approvals and store locations across Alberta

September 11, 2018 – National Access Cannabis Corp. Closes NewLeaf Acquisition

September 10, 2018 – National Access Cannabis Exercises Option to Acquire 100% of Alberta-Based The Green Company Ltd. and Announces Changes to Board of Directors

May 28, 2018 – National Access Cannabis Announces $7 Million Secured Loan and $1.85 Million Convertible Debenture Investment into The Green Company Ltd.

NAC Announces Executive Management Team Change
NAC also announced today that the contract with President Derek Ogden has been fulfilled.

“NAC thanks Derek for his contributions to the Company,” said CEO Mark Goliger. “Derek has been instrumental in enabling NAC to build our model of safe and responsible access to legal cannabis for both the medical and recreational sides of the business. Derek’s role and contractual scope with NAC has been fulfilled and he will be leaving the Company effective November 14, 2018.”

About National Access Cannabis Corp.
NAC is a best practices leader in delivering secure, safe, and responsible access to legal cannabis in Canada. Through its Canada-wide network of medical cannabis clinics, partner pharmacies, NAC Bio’s clinical research division, Meta Cannabis Supply Co.™ and NewLeaf Cannabis™ recreational cannabis retail stores, NAC enables patients and the public to gain knowledge and access to Canada’s network of authorized Licensed Producers of cannabis. NAC is listed on the TSX Venture Exchange under the symbol (TSXV: META).

For more information, visit:

www.newleafcannabis.ca
www.nationalaccesscannabis.com
www.metacannabis.com
www.nacbio.com
www.nacmedical.com

For further information: NewLeaf Media Inquiries: Chad Hason, NewLeaf Cannabis, 403-464-4541, chad@newleafcannabis.ca, www.newleafcannabis.ca, NewLeaf Cannabis Media Kit: www.newleafcannabis.ca/media/; National Access Cannabis: Mark Goliger, Chief Executive Officer, National Access Cannabis, 1-800-411-1126, Info@nationalaccesscannabis.com; Investor Relations: Emily Gibbs, LodeRock Advisors Inc., 416-546-8775, emily.gibbs@loderockadvisors.com

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