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Effective March 23,2020 National Access Cannabis Corp. will change to Meta Growth Corp.:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Not too bad it seems to me;
http://nationalaccesscannabis.com/getattachment/29fbe75b-405b-4451-a9a1-58508d975722/NAC-INTERIM-FINANCIAL-STATEMENTS-Q3-FY-2018-FIANL.pdf.aspx?lang=en-US&ext=.pdf
always keep in mind that if you are investing more than a certain low amount ($1,000 or maybe $6500 at the most in one stock, I would think) then you would certainly do better than trying to buy shares of common stock via the OTC or TSXV as the company will not even have 50% of the money that you invest... It will be more like 80% on a "real" stock exchange so it makes more sense at that level.
If you invest in a producer only it seems to me you might be better off investing in companies that only have retail in mind. I think the producers like MedMen and TeraTech both seem much more attractive because they have a retail side that actually allows them to profit from the retail price of the goods they produce. Supply to business people is a high competition area that will become quite a job pretty quickly as the supply runs up. Recently Israel had announced that it has grown enough Medical Marijuana for the entire world so do be ware that the SNNVF that we have might not be the best thing in our portfolio....
I few months ago I emailed company regarding business plan growth profit margins expect yada yada. Pretty generic stuff anyway they got back to me and said they had non at the time lol. I know they have a deal with second cup now. But if they supply second cup. And their not producers. They need to get products from another grower so less profit margins. Basically its a meddle man company/ liason outfit between bigger outfits retail and growers.
They add this clown Felipe whatever to the board and then mass dumping takes place. I would advise anyone to get out of this and into a safer more honest company.
I'm now convinced insiders are dumping here. To many days with dramatic pullback. Only happens here when insiders are dumping. Happened about 4 times in past 4 months and now twice this week alone. Someone on this board once warned me about this company. I should've listened. Company ran by shady people who have no faith in the company and are either diluting shares or dumping. Even with great news past few months it tanks. Smells fishy.
Once legalized that all changes. This is my opinion. Good luck
So what limited profit margins. Not a producer
They should get there license and then it should shoot up. They already have locations in Toronto. Good deal with Second Cup to.
I hope you guys know they are not producers. They will buy from producers to sell at their stores so less profit margins fyi
Come on, good news and it hits 1.03 but can't hold it. Back to even. Buy this and push it back up. Need to close green or it's going back into the 80s
Absolute idiots trading this stock. Stupid people selling for losses. Hold you morons this is going fly soon enough. Unreal ffs
I've made good coin here but still have tons of shares. Won't sell till it hits the high of $1.20. Could break that level and run. Confident and like the price point. Gl
Same I’ve been trading and reading 10 k for the same amount of time so you must have some experience and good at dd. Well for your sake I hope your dd is right.
Awesome have a great 1. Give me a link or 2. I'm long here and have traded this since it was .15. Thanks and gl
Lol what research have you even emailed investors relations I have I know some things you don’t. But I’m not sharing since you’ve “done research” so you must know more then me. Good luck
Name me one Canadian corporation successfully run buy chiefs lol they can’t even run there own reserves properly. Complete joke. These guys no nothing about corporate Canada
Not exactly sure you know what you're talking about. I've done the resarch and I like the company. Good luck to you even thou you will be wrong
Big deal they arnt growers so they have to buy from other growers what kind of profit margins do you think they’ll really make.
Disagree they signed deals with Manitoba to be one of the main distributors to the province. There are only a handful of weed companies that were selected. DO more research. This will be over $2 in the next few months or at least by legalization time in Canada. Also has a strong buy rating. I'll take my chances but believe it's a good 1.
http://nationalaccesscannabis.com/
Hate to say it but native chiefs running a public company is a joke they can’t even run their own reserves and steel from their own ppl and use their chief status to enrich them selfs. Stay away here many others like delta 9
This company is a bunch of bs expect very low profit margins and Micky mouse business plan.
TSXV-Listed NAC at Fresh High as Expects to Open Network of Retail Cannabis Stores in Manitoba by Q3 2018
4 hours ago by MT Newswires
09:48 AM EST, 02/16/2018 (MT Newswires) -- National Access Cannabis' (NAC.V) shares surged 18.8% on market open Friday to fresh high of $1.20 apiece after saying that it is one of the four recipients of licenses to operate privately owned retail cannabis stores in the province.
The company said in a statement that the government of Manitoba granted the licenses, conditional upon several factors, including completing necessary agreements and providing the required documentation.
Under the terms of the Retail Organization Agreement with the Manitoba Provincial Government, NAC may build, develop and operate in approved municipalities in the province, but the number of locations is subject to ongoing discussion.
CEO Mark Goliger said: "With our history in successfully operating nationwide medical cannabis clinics, strong First Nations and Licensed Producer relationships, combined with our deep knowledge of safety, security and harm reduction, NAC is perfectly suited to exceed Manitoba's current and future cannabis retail regulatory requirements."
NAC also said it intends to deepen its relationships with CannaRoyalty (CRZ.CN), Cannabis Wheaton Income (CBW.TO), and Tilray, as it builds and develops a network of recreational cannabis stores in Manitoba in advance of the anticipated summer 2018 legalization of recreational marijuana in Canada.
This one is a winner, will continue to fluctuate and test the highs. Good support now around the .99-1.01. Don't fall in love just trade.
No one ever went broke taking profits.
Good luck to all NAC investors.
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