TORONTO, June 14, 2019 /CNW/ - National Access Cannabis
Corp. ("NAC" or "the Company") (TSXV: META), announces
that it has amended and re-filed its unaudited reviewed interim
financial statements and management's discussion and analysis (the
"Filings") for the interim period ended February 28, 2019. The Filings have been amended
to revise the accounting treatment for:
|
(i)
|
The acquisition of
The Green Company Ltd. The effect of the amendments to the Filings
was to adjust the allocation of the purchase price to different
categories on the balance sheet to what was initially reported.
|
|
(ii)
|
Convertible Debenture
(Note 11). The effect of the amendments to the Filings was to
adjust the allocation of the value of the convertible debenture
between debt and equity to what was initially reported.
|
About National Access Cannabis Corp.
NAC is
Canada's largest recreational
cannabis retailer. With 25 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).
For more information, visit:
www.newleafcannabis.ca
www.nationalaccesscannabis.com
www.metacannabis.com
www.nacbio.com
www.nacmedical.com
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE National Access Cannabis Corp.