World’s Largest E-Commerce B2C Vaporizer Company
Received ACMPR Medical Cannabis Production License
Namaste Technologies Inc. Profile

WHY NAMASTE?
-  Company’s sales for the second quarter of 2018 were $5.6M, 
- representing a $3.7M or 195% increase quarter-over-quarter.
 
 - Gross profit for the second quarter of 2018 was $1.9M, representing a $1.2M or 150% increase quarter-on-quarter.
 - Wholly owned subsidiary, Cannmart has received its Access to Cannabis for Medical Purposes Regulations Production License
 - Closed its previously announced acquisition of Swedish-based A.I. and machine learning technology platform, Findify AB
 - Signed a non-binding letter of intent with Pineapple Express Delivery Inc
 - Signed a Medical Cannabis Supply Agreement with Marigold Projects Jamaica Ltd.
 - Non-Binding Letter of Intent With O Cannabis Clinic for Management Services
 - Aurora and Namaste to Complete Strategic Private-Label Software and Patient Referral Agreements 
Announces Wholesale Supply LOI With Israel-Based BRLEV - Owns 26 e-commerce stores in 20 countries
 - Distribution centers in North America, South America, Europe and Asia Pacific
 - Aggressively expanding into manufacturing and wholesaling
 - Product acquisition agreement announced with Aphria Inc.
 - Announced Start of Vaporizer Sales through Aurora Website
 - Joint Venture Agreement with one of Israel’s premier online vaporizer retailers, Vaporiza.co.il
 - Acquired the domain and customer database of Brazil’s largest vaporizer retailer, vaptvupt.lojaintegrada.com.br
 - Divests US Assets to Focus on Legal Cannabis Markets
 


NAMASTE MD
- 2018 will focus on establishing Namaste MD, the secure telemedicine portal designed to connect doctors with medical marijuana patients.
- After an application and video consultation, Canadian patients can receive their medical marijuana recommendation via email.
 - They can also receive their prescription (fulfilled via CannMart) from the convenience of their homes – utilizing same-day and 2-day delivery options.
 
 - Leveraging 50,000+ dataset of Canadian consumers, Namaste will strive to secure space as Canada’s one-stop-shop for medical cannabis.
 
Further 2018 Objectives
- Expansion of Namaste’s product offerings, with the ability to sell both vaporizers and consumables from one location.
 - Namaste launching a Canadian warehouse in the CannMart facility in order to process both vaporizer and medical cannabis shipments, medical cannabis packaging, filling for pod-based vaporizers, and distribution for other brands of medical cannabis products.
 
Last changed at 30-Aug-2018 01:18PM by AGORACOM