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Namaste Enters Into Non-Binding LOI With CannMart, a Late Stage ACMPR Applicant

  • Namaste will purchase all of the issued and outstanding shares in the capital of CannMart, a late stage applicant under the Access to Cannabis for Medical Purposes Regulations
  • CannMart submitted its application to become a “sales only” licensed producer of medical cannabis


Hub On AGORACOM/ Read Release 

Message: Actions Speak Louder Than Words

I for one expect the licesnsing/partnership deal to come to fruition....100%.  The reason I have that expectation is because DM has never hidden behind forward looking, and therefore safe harbour protected, language.  He has never said "we expect/anticipate/hope.....it has always been "will".  To my ears that is a material statement of fact.  

Does that mean that something unexpected couldn't come up to derail such eventuality?  No.....but I think it would take an event beyond reasonable expectation.  In law its called the "reasonable man's standard".  I believe that a licensing deal is a slam dunk barring something that a reasonable man could not be expected to anticipate.

I wonder if its now "reasonable person's standard?

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