KAHNAWAKE — A proposed cannabis partnership between the Mohawk Council of Kahnawake and Canopy Growth Corporation is not going ahead as hoped.
The cannabis industry giant approached MCK in November 2017, offering a partnership. Now, officials with the council announced to the community that offer is no longer on the table.
“While discussions were proceeding smoothly, following a change in leadership Canopy Growth has informed us that it has decided not to move forward with the project as it is no longer looking to grow its production capacity at this time,” said Ietsénhaienhs Gina Deer, who is the lead council member on the file. “Because of our prime location, working with a reputable company in terms of revenue and employment would have a major positive impact for the community. However, today’s announcement highlights the fact that objectives can change very quickly in the business world, and we must adapt as well.”
In a statement, Deer says the community will now have to re-evaluate how the community will proceed with entering the cannabis industry.
“We have been and continue to be approached by many established cannabis companies with very interesting partnership opportunities for the community. Despite today’s decision, we remain absolutely committed to identifying and developing various revenue-generating opportunities in order to increase Kahnawà:ke’s self-sufficiency and create employment opportunities for our people,” said Deer.