Opaskwayak Cree Nation has announced that that have made a new investment with Trichome Financial and its been reported that Chief Christian Sinclair is now on the board of directors of the company.
Trichome is a company that was formed to offer credit based capital solutions to companies operating in the legal cannabis market.
Sinclair stated in a news release that this is truly a historic deal and the first of its kind where a first nation is joining the hands with a specialty finance company.
He added that the investment will build on the first nations existing diverse portfolio and that he looks forward to the many possibilities and opportunities across Canada and the world that this relationship will bring to first nations investors.
A statement from Trichome said that Chief Sinclair is a well regarded member of Opaskwayak Cree Nation and he was acknowledged by the company for being Co Chair of Manitoba’s Northern Economic Development Strategy and for serving on the board of National Access Cannabis.