Indigenous-led Investment Group Partners with Peguis First Nation to Bring Legal Cannabis to Indigenous Communities - PowerPoint PPT Presentation

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Indigenous-led Investment Group Partners with Peguis First Nation to Bring Legal Cannabis to Indigenous Communities

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Title: Indigenous-led Investment Group Partners with Peguis First Nation to Bring Legal Cannabis to Indigenous Communities


1
Indigenous-led Investment Group Partners with
Peguis First Nation to Bring Legal Cannabis to
Indigenous Communities
  • BY
  • https//popcann.com

2
  • WINNIPEG, June 18, 2019 Bridging Finance Inc.,
    one of North Americas leading infrastructure
    firms for First Nations and Inuit, is working
    with Peguis First Nation to bring safe Cannabis
    retail options to First Nation communities. The
    two organizations have engaged POPCANN to ensure
    that the sale of Cannabis is done in a secure
    manner that protects First Nation youth and
    eliminates black market product.
  • Cannabis was legalized across Canada close to a
    year ago, but access to safe, legal product
    through retail has until now been limited to
    major urban centres, leaving rural communities at
    a disadvantage, said David Sharpe, CEO of
    Bridging Finance Inc. Weve worked closely with
    Chief Hudson to ensure were doing something for
    the good of First Nation communities, and POPCANN
    is a great partner to help facilitate this
    endeavor. To date, Bridging has allocated over
    300 million to finance renewable energy,
    housing, grocery stores and fisheries to
    Indigenous communities.

3
  • The partnership aims to provide safe, controlled
    Cannabis retail stores that are compliant with
    both community and regionally imposed
    regulations, while at the same time providing
    elected Chief and Bands control over the sale of
    Cannabis within their communities.
  • The collaboration will also enable the three
    entities to work with various levels of
    government to establish dialogue and
    collaboration with regulators concerning cannabis
    related activities and policies within indigenous
    communities.
  • First Nation communities do not have the same
    commercial and retail infrastructure that are
    ubiquitous in larger cities, adding an additional
    challenge, said Chief Hudson, elected Chief of
    Peguis First Nation. POPCANNs prefabricated
    Cannabis retail stores offer a turnkey solution
    that means fast and secure access to safe quality
    Cannabis in our communities and the eradication
    of black market product.
  • The first stores are expected to be operational
    by fall, 2019.

4
  • About Peguis
  • Located approximately 190 KM North of Winnipeg,
    Peguis First Nation is home to Manitobas largest
    First Nation population. In total, there are
    approximately 11,000 Peguis Band Members, which
    includes membership both on and off-reserve and
    comprising mainly of Ojibway and Cree descent.
  •  About Bridging Finance Inc.
  • Bridging Finance is a privately held Canadian
    company providing middle-market North American
    companies with alternatives to the financing
    options offered by traditional lenders. Lending
    proceeds, typically ranging from 3,000,000to
    50,000,000 and higher, are used by companies to
    address short-term needs such as restructuring
    existing debt, providing working capital for
    growth, supporting inventory purchases and
    financing expenditures and acquisitions/buyouts.
    Bridging Finance is the manager of the Bridging
    Income Fund LP and the Bridging Mid-Market Debt
    Fund LP, Bridging Infrastructure Fund LP, and
    Bridging Real Estate Lending Fund LP. Bridging
    Finance also offers portfolio management services
    for institutional and family office clients.
    Bridging Finances total assets under management
    are over 1.4 Billion.

5
About POPCANN
  • POPCANNs are the only prefabricated Cannabis
    retail stores available in the North American
    marketplace for both pop-up and permanent
    installations. POPCANNs mission is to provide
    turn-key Cannabis retail stores that rapidly
    bring legal Cannabis to traditional and
    alternative destinations.
  • POPCANNs are made to solve problems for diverse
    Cannabis stakeholders, including government
    regulators and the general public. Modular
    designs enable POPCANN to bring legal Cannabis to
    northern cities, Indigenous communities, music
    festivals, and seasonal towns.
  • The POPCANN Corporation, headquartered in
    Toronto, Canada, was co-founded in 2019 by
    veteran media and technology entrepreneurs
    Michael Girgis and Jake Neiman.
  • For further information Media Contact Kaitlyn
    Ward, PR Account Manager, kaitlyn_at_eightyeightagenc
    y.com, 416-944-2722

6
  • Contact Information
  • POPCANN
  • Address 116 Geary Avenue, Suite 202A
  • M6H 4H1 Toronto Ontario Canada
  • Email info_at_popcann.com
  • Phone 647-502-2862
  • Website https//popcann.com/
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