#1 Vaporizer Distributor in Europe
Proforma 12 Month Trailing Revenues $10M as Of August 31
Message: Namaste Announces Revocation of Cease Trade Order
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 10, 2017) -Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(CSE:N.CN)(FRANKFURT:M5BQ) is pleased to announce the revocation of the cease trade order ("CTO") previously issued by the British Columbia Securities Commission (the "Commission"), and disclosed in the Company's press release dated January 5, 2017. The Company anticipates trading to resume on the Canadian Securities Exchange in the near term.
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
Further information on the Company and its products can be accessed through the links below:
Forward Looking Information
This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by applicable securities law. Although the Company believes that the expectations and assumptions upon which the forward-looking statements are based are reasonable, undue reliance should not be placed on such forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements are made only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Namaste Technologies Inc.
Chief Executive Officer
+1 (786) 389 9771
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