MCK announces potential groundbreaking economic opportunity

09/13/2018

The Mohawk Council of Kahnaw�:ke (MCK) wishes to announce that it is currently studying and exploring an opportunity to build and operate a state-of-the-art production and processing facility with Canopy Growth Corporation, a company that has emerged as the global leader in the field of cannabis cultivation, research and product development. For clarity, there is no agreement in place.

�If we are able to move forward with this project it will create incredible opportunities for local jobs, with inclusion for prospective local producers in the industry,� said Grand Chief Joseph Tokwiro Norton. �For years we have been searching for a sustainable industry that will generate income for the community, especially as a collective. This is a chance to partner with the world leader in the industry � a company that has already concluded distribution and sales agreements with every province and territory across the country that has announced such agreements.�

�We cannot stress enough that this could be one of the largest opportunities to ever be considered for Kahnaw�:ke,� he continued. �With the impending legalization of recreational cannabis next month (17, Kent�nha/October 2018), there are many companies, cities, communities that are looking at ways to become involved in the legitimate production and sale of safe and legal cannabis.�

The MCK has issued a Kahnaw�:ke Economic Development Fact Sheet to help explain the opportunity and the rationale for creating a relationship with Canopy Growth www.kahnawake.com/legalcannabis.

The MCK also wishes to inform the community that it has signed a non-binding term sheet setting terms for exploration of a potential agreement. The term sheet is set to expire on 31, Tsoth�hrha/December 2018, but may be extended if required.

�The fact that Canopy Growth has selected Kahnaw�:ke as a potential major Indigenous community partner speaks volumes,� Grand Chief Norton concluded. �Needless to say, there is an enormous amount of work that needs to take place between now and the end of 2018. The MCK has committed to having a direct dialogue with the community. While there is always fear of the unknown, we must have the confidence in ourselves to strongly consider this unprecedented opportunity.�