National Access Cannabis Corp. Continues Growth by Announcing Licences to Open Two New Retail Cannabis Stores in Alberta for a Total of 32 Licensed Retail Stores Across Canada

Press Release

• With two new licences to open retail stores at 103-6207 50 Street Leduc and 1535 19 Street NW Calgary, NAC has assembled a portfolio of 22 stores in Alberta, with 32 licensed stores in total. 
  
  
• NAC continues to execute on its business plan to have 40 stores operating by the end of calendar 2019, and 110 by the end of calendar 2020.

TORONTO, July 25, 2019 – National Access Cannabis Corp. (“NAC” or the “Company (TSXV: META), Canada’s largest cannabis retailer¹, today announced it has received two additional licences from the Alberta Gaming, Liquor and Cannabis Commission (the “AGLC”) to open cannabis retail stores in Alberta. The retail stores will be located in Leduc and Calgary. The announcement comes following the previously released news that the AGLC has lifted the moratorium on new cannabis retail licences.

The new retail locations are listed below:

NewLeaf Cannabis – Leduc 
103-6207 50 Street, Leduc, Alberta

NewLeaf Cannabis – Calgary
1535, 19 Street NW, Calgary, Alberta

“With seven new licences granted in Alberta since the lifting of the moratorium by the AGLC on May 30th, we continue to expand our private cannabis retailing footprint in Alberta,” said Mark Goliger, CEO of NAC. “Today we have the largest footprint of retail cannabis stores in Canada¹, and we expect to maintain this position by continuing to pursue expansion opportunities, particularly in British Columbia and Ontario.”

NAC is the national leader in retail cannabis¹. Currently operating in three provinces, NAC has applied for licences in British Columbia and plans to make applications for licences in Ontario. NAC’s experienced team of retail industry professionals is focused on achieving its business plan of having 40 operating stores by the end of calendar 2019, and 110 operating stores by the end of calendar 2020.

Previous announcements regarding NAC’s retail store expansion may be found through the following links:

July 3, 2019, National Access Cannabis Corp. Continues Growth by Announcing Licences to Open Two New Retail Cannabis Stores in Alberta for a Total of 30 Licensed Retail Stores Across Canada

June 24, 2019, National Access Cannabis Corp. Provides Sales Update for Retail Cannabis Operations since Federal Legalization

June 18, 2019, National Access Cannabis Corp. Continues Growth by Announcing Licences to Open Three New Retail Cannabis Stores in Alberta

May 31, 2019, National Access Cannabis Corp. Responds to the AGLC Lifting the Moratorium on Cannabis Retail Stores in Alberta

About National Access Cannabis Corp.
NAC is Canada’s largest recreational cannabis retailer¹. With a portfolio of 32 licensed retail locations nationwide, NAC is the leader in secure, safe and responsible access to legal recreational cannabis in Canada. Through its Canada-wide network of Meta Cannabis Supply Co.™ and NewLeaf Cannabis™ recreational cannabis retail stores and NAC Medical’s cannabis clinics and pharmacy partnerships, NAC enables the public and registered patients to gain knowledgeable access to Canada’s network of authorized Licensed Producers of cannabis. NAC is listed on the TSX Venture Exchange under the symbol (TSXV: META).

¹Canaccord Genuity, Canadian Cannabis Report, July 17, 2019

For more information, visit:
www.nationalaccesscannabis.com 
www.metacannabis.com 
www.newleafcannabis.ca 
www.nacbio.com 
www.nacmedical.com

For further information: National Access Cannabis: Mark Goliger, Chief Executive Officer, National Access Cannabis, Tel: 647-689-6382, corporate@nationalaccesscannabis.com; Investor Relations: Emily Gibbs, LodeRock Advisors Inc., Tel: 416-546-8775, emily.gibbs@loderockadvisors.com; Media Inquiries: Jessica Patriquin, Tel: 416-640-5525 x 230, Cell: 416-995-8496, jessicap@wearemaverick.com

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