National Access Cannabis to Get Cannabis from CannaRoyalty
Last week, which ended March 16, 2018, NAC (National Access Cannabis) signed a binding term sheet with CannaRoyalty (CRZ) (CNNRF) to carry the latter’s products in NAC’s stores across Canada. National Access Cannabis has locations in most of the key provinces of Canada. Given the anticipation of high demand for adult use of recreational cannabis, companies (HMMJ) including Canopy Growth (WEED), Aurora Cannabis (ACB) (ACBFF), and MedReleaf (MEDFF) could engage in arrangements with retailers as well as other companies to gain a piece of the lucrative cannabis market share.