World’s Largest E-Commerce B2C Vaporizer Company

Received ACMPR Medical Cannabis Production License

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Namaste Technologies Inc. Profile

 

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BREAKING: Namaste Receives ACMPR Medical Cannabis Production License

  • Wholly owned subsidiary, Cannmart has received its Access to Cannabis for Medical Purposes Regulations Production License
  • Cannmart may now place initial orders with ACMPR licensed producers
  • Confident in its ability to execute and complete the final steps towards receiving its Sales License in a timely manner
  • With receipt of the production license, expects to execute on its overall vision of becoming an all-inclusive online cannabis marketplace

WHY NAMASTE?

  • February 2018 Sales of C$1.37M Representing a 146% Year-Over-Year Increase
  • 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
  • Revenue for AUG 31 2018 expected $24.9 million
  • 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 20-Mar-2018 10:19AM by AGORACOM