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Namaste $N.ca $NXTTF Announces Supply Agreement with Kief #Cannabis $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:41 AM on Wednesday, August 29th, 2018

  • Company has signed a wholesale supply agreementwith Manitoba-based, late-stage ACMPR applicant, Kief Cannabis Company Ltd.
  • Under the terms of the Supply Agreement, Namaste will purchase bulk cannabis products under the Company’s wholly-owned subsidiary, Cannmart Inc. to offer in its online platform

VANCOUVER, Aug, 29, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company has signed a wholesale supply agreement (the “Supply Agreement”) with Manitoba-based, late-stage ACMPR applicant, Kief Cannabis Company Ltd. (“Kief Cannabis” or “kiefcannabis.ca”). Under the terms of the Supply Agreement, Namaste will purchase bulk cannabis products under the Company’s wholly-owned subsidiary, Cannmart Inc. (“Cannmart”) to offer in its online platform.

Kief Cannabis is focused on developing high-quality artisan-crafted cannabis products with a specific focus on the best plant genetics and a refined production process that is designed to deliver high-grade, small-batch craft product. Kief Cannabis will focus on the high-end recreational market with premium quality cannabis. Through the Supply Agreement with Namaste, Kief Cannabis will position in itself for national exposure by offering its products through Cannmart’s online marketplace and in having their products for sale along with other leading Canadian cultivators who are participating in Namaste’s platform.

With NamasteMD’s (“NamasteMD.com“) patient database growing at an exponential rate, and with Cannmart’s sales license imminent, the Company has successfully secured guaranteed supply through agreements with its cultivation partners. Due to its rapid and accelerating growth rate, NamasteMD’s clinic team has expanded to accommodate the influx of patient consultations. Namaste has already established itself as the largest global online marketplace for cannabis consumption devices and has over 1.5 Million customers globally. The Company has developed and uses industry leading e-commerce technology including on-site AI through its wholly owned subsidiary, Findify AB (“Findify.io”), that personalizes the online user experience for every customer.

Cannmart’s platform, following the same strategy will offer patients access to the largest variety of cannabis products sourced from multiple vendors in a single location. With innovations like NamasteMD, Findify and Cannmart’s online platform, the Company has created a fully-integrated patient experience from prescription to delivery. Cannmart will be one of the first online retailers to offer same-day delivery service through its partner, Pineapple Express Delivery Inc. (“Pineapple Express”), starting with the Greater Toronto Area (GTA) and expanding across the country. This Supply Agreement represents further progress in Namaste positioning itself as Canada’s leader for cannabis e-commerce and technology. The Company has received immense support from its cultivation partners that validate Namaste’s platform and strategy.

Management Commentary

Jesse Denton, CEO of Kief Cannabis comments: “Namaste has positioned itself very strategically to become Canada’s top cannabis retailer online and their business model is supported by their success in e-commerce both in Canada and international markets. I’m very pleased for Kief Cannabis to be aligned with such a major player, and look forward to a long-term working relationship with the Namaste team.”

Sean Dollinger, President and CEO of Namaste comments: “We’re very pleased to announce this Supply Agreement with Kief Cannabis. We’ve spent significant time in discussion with their team and believe strongly in our ability to market and sell craft cannabis brands in our platform. We believe that consumers should have access to the best selection of high quality product and we’re focused on building relationships with craft brands like Kief Cannabis who will create more value for our patients online.

Ultimately, everything we’re doing is focused on creating a personalized and amazing user experience. All of the technology we’ve developed has been centered around this concept. The more value we can bring to our customers, whether through NamasteMD, AI integrations or the best possible customer service, Namaste has years of experience operating in the online market and that is what I believe sets us apart from our competitors.

We’re also very proud that our cultivator partners across the country see value in Namaste’s platform and marketplace. We believe that the online market for medical and recreational cannabis will evolve rapidly in Canada and that Namaste is well-positioned with extensive expertise to be the number one online platform for everything cannabis not only in Canada but globally.”

About Kief Cannabis

Kief Cannabis was established as a corporation in December of 2013 under the laws of the Province of Manitoba with the goal of producing and delivering craft-style cannabis to the Canadian marketplace. On March 16, 2018, Health Canada provided a Confirmation of Site Readiness letter to Kief Cannabis, and the company has been recognized by the Liquor and Gaming Authority of Manitoba (to be renamed the Liquor, Gaming and Cannabis Authority of Manitoba) as an upcoming supply chain within the Province of Manitoba.

Kief Cannabis is comprised of passionate and determined individuals who will strive: i) to collectively provide exceptionally high quality small-batch craft cannabis strains to recreational users across Canada; and ii) to create an environmentally-friendly, socially responsible and Canadian-owned company. The initial product line will consist of internationally exclusive and rare strains of cannabis and oils, with the intent to expand into vape-pens, rosins and edible products as they become legal in Canada. Kief Cannabis’ unique variety of cannabis strains will appeal to those seeking a more exclusive, premier product with a small-batch craft feel.

Kief Cannabis is currently in its Series A funding stage and intends to raise the capital needed to complete the construction of a state-of-the-art cultivation facility located in Selkirk Manitoba. Once completed, Kief Cannabis shall utilize refined procedures throughout the entire production process to develop exceptionally high-grade products for its end-users.

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 604-355-6100

Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 TSXV has neither reviewed nor approved the contents of this press

View original content with multimedia:http://www.prnewswire.com/news-releases/namaste-announces-supply-agreement-with-kief-cannabis-300704020.html

SOURCE Namaste Technologies Inc.

Namaste $N.ca $NXTTF announces recreational cannabis market strategy $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 9:06 AM on Tuesday, August 28th, 2018

  • Announced its new corporate strategy related to its position in the Canadian recreational cannabis marketplace
  • Due to much uncertainty surrounding both federal and provincial roll-outs of recreational cannabis, Namaste remained focused solely on the medical cannabis market until such time that a more transparent framework was established

VANCOUVER, Aug. 28, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce its new corporate strategy related to its position in the Canadian recreational cannabis marketplace. Due to much uncertainty surrounding both federal and provincial roll-outs of recreational cannabis, Namaste remained focused solely on the medical cannabis market until such time that a more transparent framework was established. Fast forward to today and it is clearly evident that there has been significant progress made with regards to the rules and regulations outlining the sale and distribution of recreational cannabis. As such, Namaste has made the decision to take a more proactive approach in an attempt to capitalize on several key areas of the recreational market.

Further to recent updates from the Provincial Government of Ontario, Namaste is extremely confident that many of its technology assets will lend themselves to improving the security and distribution of recreational cannabis online and in provincially operated dispensaries. Namaste’s platforms, including its exclusive partnership with YPB Group Ltd. (“YPB”) (ASX: YPB), have the potential to provide far superior authentication and security for provincially approved cannabis products. In addition, the Company’s age and identity verification, with exclusive rights to its facial recognition technology, could help provide a much safer protocol for online retail platforms.  Through NamasteMD, the Company has developed and acquired cutting-edge age and identity verification technology which is already in use in Namaste’s platform, that would provide significant value to all consumers, through all the varying distribution channels across Canada. Namaste would like to reinforce that both platforms are already proven and in operation and would be available for immediate deployment within these applications.

In addition to these valuable authentication protocols, Namaste has also identified the need for its global customers to have confidence in the products they are purchasing, and for vendors to have access to granular data on their end-users. As such, Namaste has introduced YPB’s solutions across its network of manufacturers, including Canadian Licensed Producers, to help bring certainty of authenticity and supply chain transparency to the entire legal cannabis industry globally. This coalition furthers Namaste’s agenda in providing leading technology platforms for its global marketplace and for enhancing the user experience for its customers.

With YPB having recently signed 3 new customers, there is little doubt that this technology brings value to those who adopt YPB’s technology. Namaste believes YPB’s technology could provide a far superior solution to all provinces, especially considering the Ontario Provincial Governments decision regarding online dispensaries. The use of product QR codes would allow those who adopt the technology the ability to not only verify the authenticity of a cannabis product being provincially approved, but also provide valuable product information, including strain data and origin.

Namaste will be initiating the development of a private-label line of cannabis products through its Licensed Producer partners that will include a unique offering of premium strains and products that will be targeted to both medical and recreational markets. By securing numerous agreements with a multitude of Licensed Producers, Namaste has successfully guaranteed its supply channel on a going forward basis, and pending approval of Cannmart’s sales license, the Company is well positioned to launch its fully-integrated marketplace by introducing cannabis sales into its online platform.

The Company will be actively pursuing opportunities in online recreational cannabis sales within provinces that permit. Through its partnerships with Licensed Producers, Namaste will offer a comprehensive online platform for recreational cannabis including integration of its various technology components that will bring significant value to Namaste and its partners. Namaste will also have the unique ability to offer other various technology integrations, including Pineapple Express Inc. (“Pineapple Express”) same-day delivery service. With the initial launch of same-day delivery in Toronto, which represents the fourth largest city in North America, Namaste eventually plans to roll-out the service across Canada and into other major markets including Vancouver and Winnipeg.

While Namaste has laid the foundation to become Canada’s leading online retailer of medicinal cannabis and will continue to focus on the medical market, the Company is now focused on expanding the scope of its platform to gain market share in the recreational space by offering the top Licensed Producer products, industry-leading technology integrations and a superior user experience.

Management Commentary

Sean Dollinger, President, and CEO of Namaste comments: “Over the past year we’ve been very quiet as it relates to the recreational cannabis industry. We have taken our time to see how the legislation progresses province by province. Although we are not a cultivator, we do see significant market share for the Company in providing highly valuable technology platforms to the recreational market. Furthermore, through strategic partnerships with Licensed Producers we will certainly be developing our own brand that will be sold through medical and recreational channels.

As we progress towards official legalization Namaste has never been better positioned to capitalize on both markets. Now that we have proven that our platform works, with the acceleration of our medical patients we can now work on utilizing our technology to become a leader in the recreational space.

We are very excited to see our strategy coming together and unfolding before our eyes. We’d like to thank all of our shareholders for their support and hope to see everyone at the Pledge Party September 12th.

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (604) 355-6100

Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 TSXV has neither reviewed nor approved the contents of this press release.

SOURCE Namaste Technologies Inc.

Namaste $N.ca $NXTTF Announces Supply Agreement with GTEC Holdings $GTEC.ca $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:50 AM on Monday, August 27th, 2018

  • Company has signed a bulk cannabis supply agreement (the “Supply Agreement”) with GTEC Holdings Ltd.
  •  Cannmart Inc. will purchase bulk cannabis flower and oil from GTEC for resale in Cannmart’s online platform

VANCOUVER, Aug. 27, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company has signed a bulk cannabis supply agreement (the “Supply Agreement”) with GTEC Holdings Ltd. (“GTEC”) (TSXV: GTEC) (OTCPK: GGTTF), whereby Namaste’s wholly owned subsidiary and Health Canada’s Access to Cannabis for Medical Purposes (“ACMPR”) late-stage applicant, Cannmart Inc. (“Cannmart”) will purchase bulk cannabis flower and oil from GTEC for resale in Cannmart’s online platform. Cannmart will be Canada’s first ACMPR Licensed Producer (“LP”) with a “sales-only” license, allowing the Company to leverage its e-commerce expertise to become Canada’s leading cannabis online retailer.

This Supply Agreement further demonstrates Namaste’s ability to secure a strong supply chain to help service Namaste’s growing list of patients, and execute on its strategy to create Canada’s largest online retail cannabis platform. GTEC is a Kelowna-based LP which owns and operates several cultivation facilities, and Namaste anticipates GTEC becoming a key supplier for Cannmart’s platform. With the upcoming roll-out of recreational cannabis and with an anticipated short-term national supply shortage, cannabis supply agreements are now more important than ever to Namaste’s long-term strategy. This Supply Agreement further demonstrates Namastes ability to secure a strong supply chain with multiple LP’s.

Namaste’s e-commerce platform and technology will continue to drive innovation that will have a major impact on the way in which patients can access medical cannabis online. Namaste’s goal is to create the most comprehensive user experience possible by personalizing product and strain recommendations through the integration of its AI technology, by providing convenient access to healthcare practitioners, and by driving cannabis sales through Cannmart.

With the recent launch of NamsteMD’s (“NamasteMD.com“) Google Android App, the company expects to see exponential growth having recently reached over 14,000 registered users. The continuous acceleration and strong supply channels have Namaste well-positioned to integrate cannabis sales within its e-commerce platform. The Company has been overwhelmed with support from its LP partners who see Namaste’s vision to become the global leader in online retail for all things cannabis.

Management Commentary

Norton Singhavon, Chairman and CEO of GTEC comments: “GTEC is actively pursuing long-term supply agreements with Licensed Producers whose core competencies are complementary to our own. Accordingly, we are very excited about our partnership with CannMart and Namaste. We believe that GreenTec’s ability to cultivate and market high-quality craft cannabis provides an excellent fit with Cannmart’s packaging and distribution capabilities, and Namaste’s ability to develop a robust network of medical cannabis patients”.

Sean Dollinger, President, and CEO of Namaste comments: “We have been working on securing this Supply Agreement with GTEC for several months and are thrilled to see this come together nicely. GTEC operates multiple facilities and will be launching a new production facility in Kelowna shortly. We’re pleased to have secured another strong supplier for Cannmart.

We’re expecting to receive our sales license very soon and are highly focused on expansion of our patient network and in curating a high-quality offering of cannabis products for our customers. During a time where inventory remains on shortage with many vendors, we are proud to have partners like GTEC who see value in the platform which we’ve created. Thanks to GTEC’s management team for supporting Namaste in its efforts to become Canada’s leading online cannabis retailer and we’re looking forward to a strong partnership together”

About GTEC Holdings Inc.

GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. The Company also has a number of retail cannabis initiatives in Western Canada.   GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Tumbleweed Farms Corp., Falcon Ridge Naturals Ltd., Alberta Craft Cannabis Inc., Grey Bruce Farms Inc., Zenalytic Laboratories Ltd. and Spectre Labs Inc. GTEC is a publicly-traded corporation based in Kelowna, British Columbia. The Company’s shares are listed on the TSX Venture Exchange and OTC Pink Sheets.

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (604) 355-6100

Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 TSXV has neither reviewed nor approved the contents of this press release.

View original content with multimedia:http://www.prnewswire.com/news-releases/namaste-announces-supply-agreement-with-gtec-holdings-300702533.html

SOURCE Namaste Technologies Inc.

Namaste $N.ca $NXTTF Announces Approval of NamasteMD Android App and Accelerates Patient Acquisition in Anticipation of Sales License $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 9:03 AM on Friday, August 24th, 2018

  • Announced that the Company has received official approval of the latest version of its NamasteMD cannabis telemedicine App for Google Android devices,
  • Live in the Google Play store as of 8 AM EST August 23rd, 2018

VANCOUVER, Aug. 24, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company has received official approval of the latest version of its NamasteMD (“NamasteMD.com“) cannabis telemedicine App for Google Android devices, which is live in the Google Play store as of 8 AM EST August 23rd, 2018. Approximately 50% of mobile phone users in Canada use Android devices. With the new launch of the apps on both iOS and Android platforms, NamasteMD can now facilitate online patient consultations, free of charge, within 15 minutes from sign-up on the App. The Company anticipates launching real-time consultations through NamasteMD within the next 10 days. Further to the Company’s Aug 22nd news release, NamasteMD has achieved over 14,000 registered users, representing a 130% increase over a 2-month period. The Company anticipates significant acceleration in conversion rates with additional exposure through the Google Play store.

Namaste has developed Canada’s first fully-compliant medical cannabis patient portal, available on iPhone or Android devices, which allows Namaste to acquire patients faster and at a lower cost in comparison with other Licensed Producers. Patients acquired through NamasteMD have access to purchase medical cannabis through Namaste’s cultivation partners (“Licensed Producers). Under the terms of various Educational Service Agreements (“Service Agreements”), Namaste collects between 15-20% of the gross revenue derived from patient purchasing through referrals to Licensed Producers under NamasteMD. Namaste is presently partnered with over 10 Licensed Producers.

With Namaste’s medical cannabis “sales-only” license imminent, the Company anticipates a sharp increased revenue and margin with Cannmart booking full revenue amounts from patient ordering and the Company will aim to maintain a minimum of a 50% gross margin on cannabis products sold directly on its website.

Namaste operates over 30 e-commerce sites across the globe with over 1.5 Million customers. Integration of cannabis and consumable sales including CBD products into Namaste’s platform will propel the Company to become a global leader in the online retail of all things cannabis. The Company will launch the same strategy in leveraging its consumer databases along with its innovative technology platforms to expand NamasteMD and Cannmart’s model into international markets where Namaste maintains significant market share.

Management Commentary

Sean Dollinger, President, and CEO of Namaste comments: “We’re very pleased to announce the launch of NamasteMD in the Google Play Store. We have been overwhelmed by the acceleration rate of our registered users and anticipate seeing even faster growth having now received approval from Google. With approximately 50% of mobile phone users operating on Google Android devices, we are expecting to see patient numbers accelerate even quicker than we have experienced so far. NamasteMD is a key component of our strategy in developing Canada’s largest medical cannabis patient database and in launching cannabis sales in Canada and abroad. While the process of acquiring a medical cannabis prescription and onboarding with a Licensed Producer typically can take several days or weeks, Namaste will offer a fully-integrated platform for new patients to consult with a nurse practitioner and immediately be connected with Cannmart to order their product. We believe in bringing value to our patients through technological innovation and aim to set the highest standard for patient care going forward.”

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (786) 389 9771

Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 TSXV has neither reviewed nor approved the contents of this press release.

View original content with multimedia:http://www.prnewswire.com/news-releases/namaste-announces-approval-of-namastemd-android-app-and-accelerates-patient-acquisition-in-anticipation-of-sales-license-300701963.html

Namaste $N.ca $NXTTF announces supply agreement with #Bonify and acquisition of over 14,000 registered users with #NamasteMD $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 9:14 AM on Wednesday, August 22nd, 2018

  • Signed a wholesale supply agreement with Manitoba-based ACMPR Licensed producer, Bonify Inc.
  • Under the terms of the Supply Agreement, Namaste will purchase bulk cannabis products through the Company’s wholly-owned subsidiary, Cannmart Inc

VANCOUVER, Aug. 22, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company has signed a wholesale supply agreement (the “Supply Agreement”) with Manitoba-based ACMPR Licensed producer, Bonify Inc. (“Bonify”). Under the terms of the Supply Agreement, Namaste will purchase bulk cannabis products through the Company’s wholly-owned subsidiary, Cannmart Inc. (“Cannmart”).  Bonify operates a large-scale cultivation facility and will expand capacity to over 350,000 square-foot that will accommodate Namaste’s growth trajectory. Namaste will work with Bonify to develop private-label strains of cannabis for the medical and recreational markets as well as in offering the full selection of Bonify products.

Further to the Company’s August 13th news release, Cannmart completed its Health Canada Pre-Sales inspection on July 31st, 2018 and the receipt of its “sales-only” license will represent a major milestone for the Company. With Cannmart’s “sales-only” license imminent, and in order to accommodate the acceleration of NamasteMD’s (NamasteMD.com) database and with the launch of Canadian recreational cannabis sales pending, the Supply Agreement with Bonify will guarantee adequate supply to support Namaste’s demand.

Namaste is also pleased to announce that it has registered over 14,000 users in its online patient portal and mobile app, NamasteMD representing a 130% increase in registered users in approximately 2 months. With the latest launch of the NamasetMD app, the Company has streamlined the on-boarding process, improved conversion rates and has opened the app’s scheduling to accommodate appointments within 15 minutes from sign-up. The accelerated growth in patient acquisition which has taken place over the past two and a half months is extremely encouraging. Namaste anticipates seeing further acceleration once Cannmart’s sales license is received and cannabis sales are integrated within the platform.

The Company is also pleased with initial results from the launch of its patient feedback app, Uppy Strain Journal (“Uppy”), with over 11,000 downloads from its launch one month ago. Data collection through Uppy will drive machine learning algorithms that will be used in tandem with cannabis strain data to provide better strain recommendations for medical patients. By adding value for medical patients in an online environment, Namaste will achieve lower cost per patient acquisition, higher conversion rates, increased revenue and provide a better user experience.

Namaste’s e-commerce platform and technology will continue to drive innovation that will have a major impact on the way in which patients can access medical cannabis online. Namaste’s goal is to create the most comprehensive user experience possible by personalizing product and strain recommendations through integration of its AI technology, providing convenient access to healthcare practitioners through its patient portal, NamasteMD, and to drive cannabis sales through Cannmart.

Management Commentary

Dalbir Bains, President and CEO of Bonify comments: “We are thrilled to be partnering with the leading cannabis technology company in Canada.  We have witnessed firsthand the impact Namaste MD is having on patients by providing the most convenient and accessible health care experience regardless of whether you live in an urban or rural market thanks to its telehealth capabilities.  The addition of Cannmart, which is coming shortly, will truly complete the patient experience from symptom to diagnosis, from a health care practioner, to receiving a product that will improve the quality of the patient’s life.  This aligns with Bonify’s mission of improving the lives of our patients”.

Sean Dollinger, President and CEO of Namaste comments: “We’re very excited to be working with Bonify and their team. I was personally on-site at their facility in Winnipeg and was very impressed with their operations and the quality of their products. Bonify will be a strong supply partner for Namaste as they understand our vision and have significant capacity to support our growing patient network. We’re in a key position now where many of our efforts are coming together with our anticipated sales license at Cannmart. We’re looking forward to expanding on our relationship with Bonify in the future and are very excited to be seeing all of these pieces now coming together. The Agreement with Bonify will ensure supply availability for Namaste during a period going in to recreational legalization where many producers anticipate a supply shortage.

I’m very happy to see incredible results in our progress with NamasteMD and Uppy. These platforms will provide Namaste with long term value in domestic and international markets. We will continue to focus on developing our e-commerce platform to encompass everything cannabis. We’re very excited for the future, looking forward to receiving our sales license soon and in rolling-out Cannmart’s platform. We believe that Namaste will emerge as the dominant leader in cannabis e-commerce sales globally and have already established the infrastructure to achieve this goal.”

About Bonify Inc.

Bonify is a Canadian-owned Licensed Producer and leading provider of medical cannabis. By maximizing research findings and strictly adhering to best-in-class practices, quality standards and procedures, Bonify produces medical cannabis products to help individuals get the most out of life each and every day. With over 1,000,000 square feet of potential productive capacity at its present site in Winnipeg, Manitoba, Canada, when at full scale, Bonify will be capable of growing over 100,000 kg of cannabis annually. For more information, visit www.bonify.com.

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (604) 355 6100

Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 TSXV has neither reviewed nor approved the contents of this press release.

View original content with multimedia:http://www.prnewswire.com/news-releases/namaste-announces-supply-agreement-with-bonify-and-acquisition-of-over-14-000-registered-users-with-namastemd-300700862.html

Namaste $N.ca $NXTTF Announces Quarterly Sales of $4.1M Representing 32% Quarter-Over-Quarter Growth $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 10:56 AM on Monday, July 23rd, 2018

  • Company’s net revenues for the three months ended May 31, 2018 were $4.1 million (2017 – $3.1 million),
    • which is an increase of $1.0 million or 32% as compared to the three months ended May 31, 2017.
  • The increase in net revenues during the third quarter of 2018 was primarily due to organic growth in the Company.

VANCOUVER, July 23, 2018 - Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE: N), (FRANKFURT: M5BQ), (OTCMKTS: NXTTF) is pleased to announce the filing of its unaudited quarterly financial statements, management’s discussion and analysis and certification of the quarterly filings for the third quarter of fiscal 2018. The statements for the period can be accessed on the Company’s SEDAR profile at www.sedar.com.

The Company’s net revenues for the three months ended May 31, 2018 were $4.1 million (2017 – $3.1 million), which is an increase of $1.0 million or 32% as compared to the three months ended May 31, 2017. The increase in net revenues during the third quarter of 2018 was primarily due to organic growth in the Company.

The Company’s net revenues for the nine months ended May 31, 2018 were $14.6 million (2017 – $7.1 million), which is an increase of $7.5 million or 106% as compared to the nine months ended May 31, 2017 despite having divested the Company’s U.S. business in December 2017. The increase in net revenues during the nine months ended May 31, 2018 was primarily due to revenue growth from EDIT domains and Australian Vaporizers. EDIT domains were acquired in October 2016 and Australian Vaporizers was acquired in March 2017.

Revenues by country
For three months ended For nine months ended
Country May 31,
2018
May 31,
2017-
Restated
May 31,
2018
May 31,
2017-
Restated
United Kingdom 1,168,003 809,957 3,748,179 2,095,184
Australia 1,291,727 1,047,628 3,941,927 1,217,883
United States of America 5,075 445,834 1,822,844 1,883,363
Brazil 384,467 166,409 1,119,790 368,923
Canada 566,781 117,763 1,601,228 276,986
Germany 204,250 84,189 754,738 140,286
New Zealand 85,919 79,467 262,117 288,784
Ireland 88,133 55,998 244,113 143,262
Israel 16,704 56,037 116,450 104,640
Other 251,162 227,923 1,015,775 566,188
Total 4,062,221 3,091,205 14,627,161 7,085,499

 

The majority of revenues were generated by several key markets. For the three and nine months ended May 31, 2018, the top five revenue earning countries generated 90% and 84% of revenues, respectively. For the three and nine months ended May 31, 2017, the top five revenue earning countries generated 87% and 87% of revenues, respectively.

The Company’s cost of sales for the three months ended May 31, 2018 were $3.2 million (2017 – $2.4 million), which resulted in a gross profit of $0.9 million (2017 – $0.7 million). The gross profit increased by $0.2 million or 31% primarily due to the growth in revenue. The gross profit margin of 21% was comparable to the gross margin of 22% in the same period last year.

Management is focused on the expansion of its globally diversified platform of e-commerce websites to reinforce its position as “Your Everything Cannabis Store™” by selling all cannabis-related products ranging from vaporizers and smoking accessories to CBD products, as well as personal growing and extraction equipment.

The Company is actively engaged with Health Canada in relation to Namaste’s wholly owned subsidiary and Access to Cannabis for Medical Purposes Regulations (“ACMPR”) Licensed Producer, Cannmart, which awaits its medical cannabis “sales-only” license.

Namaste acquired Findify AB (“Findify” or “Findify.io”) during its third quarter. Findify is a leading artificial intelligence (“AI”) software company, which uses machine learning algorithms to track users’ behavior online in real-time, and provide a more personalized buying experience. Findify’s technology works to provide better recommendations to consumers and to optimize search results that are customized to the user’s choice patterns. The Company is working with Findify’s management team to develop a marketing and roll-out strategy that will introduce the technology across Namaste’s e-commerce platform and offer it to other companies in the industry.

Management Commentary

Kenneth Ngo, CFO of Namaste comments: “We are pleased to see a 32% increase in quarterly revenue compared to the same period last year, due to organic growth in the Company’s vaporizer business. The Q3 results are very encouraging especially considering that Namaste divested its U.S assets and revenue which accounted for 14.4% of the total revenue during Q3 of 2017.

The acquisition of Findify AB in the quarter was the largest acquisition to date in the history of Namaste.  This acquisition will bring significant value to Namaste and its shareholders by accelerating the Company’s growth in revenue.”

Sean Dollinger, President and CEO of Namaste comments: “Our Q3 financial results show continuous growth year-on-year, and this quarter also represented major milestones for the Company including the acquisition of Findify, which we believe will drive significant revenue going forward by increasing customer conversion and retention. We are working on several integrations of Findify’s technology in real-world applications of AI within the cannabis industry that will be impactful in understanding patients’ needs and in personalizing their online experience. Namaste will continue to focus and developing innovative technology which drives revenue and brings long term value to the company. Our quarterly results are very encouraging and have not factored in any cannabis sales or the sale of CBD products in international markets, which we are highly focused on presently. We’re looking forward to seeing impactful results in these new sales channels in the near future.”

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com
NamasteMD.com
NamasteVapes.ca
Everyonedoesit.ca

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. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 CSE has neither reviewed nor approved the contents of this press release.

Namaste $N.ca $NXTTF Announces Submission of its Application to List on the NASDAQ $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:38 AM on Monday, July 23rd, 2018

  • Company has submitted its application to list its common shares on the NASDAQ Capital Market
  • In advance of the listing on NASDAQ, Namaste will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission

VANCOUVER, July 23, 2018  – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCQB: NXTTF) is pleased to announce that the Company has submitted its application to list its common shares on the NASDAQ Capital Market (“NASDAQ”).

In advance of the listing on NASDAQ, Namaste will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission. The listing of the Company’s common shares on NASDAQ remains subject to the approval of NASDAQ and the satisfaction of all applicable listing and regulatory requirements, including the effectiveness of the Form 40-F Registration Statement. The Company may also seek shareholder approval for a share consolidation in order to meet the share-price requirements of NASDAQ.

Namaste’s common shares will continue to trade on the OTCQB under the ticker symbol NXTTF until NASDAQ approval and uplisting, at which time the Company’s ticker symbol will change to NAMD.  Namaste’s common shares will continue to trade on the TSX Venture Exchange (“TSXV”) under the ticker symbol “N” post-NASDAQ uplisting.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments; “We’re very excited to become one of the first Canadian cannabis companies to pursue this prestigious listing. Listing Namaste shares on NASDAQ will support the Company’s anticipated growth as we’re actively expanding our global business and entering into new sales channels. Namaste has certainly come a long way from humble beginnings and we’re very proud of our team and their accomplishments and are very much looking forward to elevating the Company’s profile by listing on NASDAQ.”

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com
NamasteMD.com
NamasteVapes.ca
Everyonedoesit.ca

FORWARD-LOOKING INFORMATION

This press release contains forward-looking statements, within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and forward-looking information under applicable Canadian securities laws (such forward-looking statements and forward-looking information are collectively referred to herein as “forward-looking statements”). These forward-looking statements are based on current expectations and 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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak only as of the date of this press release. Examples of such statements include statements with respect to the timing, receipt of regulatory approval for, and listing of the Company’s common shares on a U.S. stock exchange and the filing of a Form 40-F Registration Statement with the United States Securities and Exchange Commission. Actual results could differ materially from those currently anticipated due to a number of factors and risks including, without limitation, those listed in the “Risk Factors” section of the Company’s annual information form dated February 6, 2018 and filed with the Canadian securities regulators available on the Company’s issuer profile on SEDAR at www.sedar.com. The TSXV has neither reviewed nor approved the contents of this press release.

View original content with multimedia:http://www.prnewswire.com/news-releases/namaste-announces-submission-of-its-application-to-list-on-the-nasdaq-300684729.html

SOURCE Namaste Technologies Inc.

Namaste $N.ca $NXTTF Announces New AI-Driven #Cannabis Mobile Strain Recommendation App Uppy Cannabis Journal $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:35 AM on Thursday, July 19th, 2018

  • Announced that the company has submitted applications to the Apple and Google Play stores in order to launch its latest mobile application, Uppy Cannabis Journal
  • Uppy Cannabis Journal is the first artificial intelligence (“AI”) driven medical cannabis app, which is designed to collect direct feedback on cannabis strains and over time provide strain and cannabis hardware recommendations

VANCOUVER, July 19, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the company has submitted applications to the Apple and Google Play stores in order to launch its latest mobile application, Uppy Cannabis Journal. Uppy Cannabis Journal is the first artificial intelligence (“AI”) driven medical cannabis app, which is designed to collect direct feedback on cannabis strains and over time provide strain and cannabis hardware recommendations. Namaste has implemented its AI technology through the Company’s wholly owned subsidiary Findify AB (“Findify” or “Findify.io”) and has fed over 2 million pieces of unique data to the platform which forms the base on which the algorithm will evolve and adapt itself to better understand the effects of cannabis strains in relation to treatment of many symptoms.

Through Uppy Cannabis Journal, Namaste’s customers and medical cannabis patients will have the access to journal their experiences using various strains of cannabis to treat their symptoms. The data collected over time will allow the algorithm to characterize the way different strains of cannabis benefit different people suffering from different symptoms. The goal of the Uppy Cannabis Journal is to develop a shopping experience whereby patients are provided with the best possible strain recommendations personalized for their needs, based on factual data collected through Namaste’s network of e-commerce sites, combined with user-feedback and AI technology.

Namaste will leverage its database of over 1.5 million consumers on a global scale to collect as much patient and strain data as possible. The implementation of AI technology in strain recommendations opens the door to a deeper level of understanding in how cannabis and different strain profiles treat medical symptoms. Namaste is well-positioned with its expansive international database of cannabis consumers to develop the Uppy Cannabis Journal app to a platform that ultimately will serve to benefit cannabis patients on a global scale. Once the app is approved by Apple and Google, Namaste will begin a marketing program to drive traffic from its own sites to Uppy Cannabis Journal and to attract new users through various digital marketing strategies.

The Company remains focused on developing innovative technologies like Uppy Cannabis Journal and NamasteMD, that provide value to Namaste and its shareholders but also bring great value to the industry, the Company’s peers and patients across the globe. Namaste is keen to differentiate itself in an industry focused on cultivation, as a leader in cannabis technology. Uppy Cannabis Journal provides Namaste with a tool to leverage its e-commerce platform to collect valuable data. Furthermore, the integration of Findify’s AI technology with Uppy Cannabis Journal is a ground-breaking event that will fuel a deeper level of understanding for cannabis patients.

Real-world applications of AI are best suited for implementation in e-commerce, healthcare and logistics environments. With Namaste’s large base of online traffic, the Company can collect substantial data in relation to cannabis patients and strains that will be leveraged using the most innovative AI technology in the market. Namaste will be the first company to dive deep into this exciting area of the industry and in enhancing the user experience for medical patients by providing more relevant recommendations based on the specific needs of individual patient’s. The Company will be able to immediately monetize the data collected by integrating Uppy Cannabis Journal with its e-commerce platform and its upcoming medical cannabis “sales-only” license through the Company’s wholly owned subsidiary and Access to Cannabis for Medical Purposes (“ACMPR”) applicant, Cannmart Inc.

Management Commentary

Chad Agate, CTO of Namaste comments; “The coming launch of Uppy Cannabis Journal represents the next phase of our integration of the Findify AI team into the Namaste platform core – applying machine learning models to help our users have the best cannabis experience in the world. I’m very proud of our world-class team of engineers and designers. We are spending time looking at how we are using technology today during interactions with our customers and focused on how the value of that moment could be increased. For the dedicated Namaste team, machine learning and AI is not about providing novel tools anymore, it is about creating a new type of organization. Our role model is Amazon, which has been able to apply its formula of automation, innovation and data-driven everything to solve seemingly unrelated business issues.”

Sean Dollinger, President and CEO of Namaste comments; “This is a very exciting moment for Namaste. Our acquisition of Findify will now show true value to the cannabis industry. Imagine having a platform which has been developed with millions of data points and that uses machine learning algorithms to gain a better understanding of the complex relationships between cannabis strain profiles and treating patient symptoms. We believe that that the Uppy platform will provide better strain recommendations for patients based on actual data that we can collect and analyze using some of the most advanced AI technology on the market today. Each cannabis strain has its own unique profile of cannabinoids and terpenes which define the characteristics of the particular strain and how it impacts patients on an individual basis.

Namaste is leading the industry in developing the most valuable technology platforms and in collecting data on a global scale that serves the Company, its consumers, patients and shareholders. I truly believe that this is something we should be proud of as a company and I feel confident Uppy will help better educate patients from across the globe by assisting them in making more informed decisions. We believe our users will find incredible value in this revolutionary educational tool which we will believe is essential in building patient trust and loyalty. Our ability to allow our patients real-time feedback is very exciting, as we once again lead the industry in new initiatives designed with a “patient first mentality” in mind. This was the last step needed in Namaste’s sales funnel and in creating a personalized consumer experience. I’d like to thank our Technology team at Namaste and our incredible CTO Chad Agate who continues to create and innovate incredible technology that will provide long term value to the Company.”

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (786) 389 9771

Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 TSXV has neither reviewed nor approved the contents of this press

SOURCE Namaste Technologies Inc.

Namaste $N.ca $NXTTF Signs E-Commerce and Technology Services Agreement with BlissCo Cannabis Corp $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:37 AM on Wednesday, July 18th, 2018

  • Company has signed an e-commerce and technology services agreement with BlissCo Cannabis Corp Inc.
  • Namaste will provide services including access to Namaste’s technology platforms, software integrations and e-commerce services including those powered by Namaste’s e-commerce artificial intelligence (AI) platform, Findify.io

VANCOUVER, July 18, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company has signed an e-commerce and technology services agreement (the “Agreement”) with BlissCo Cannabis Corp Inc. (“BlissCo”) (CNSX: BLIS) (FRA: GQ4B:GR), whereby Namaste will provide services including access to Namaste’s technology platforms, software integrations and e-commerce services including those powered by Namaste’s e-commerce artificial intelligence (AI) platform, Findify.io.

Under the terms of this Agreement, Namaste will leverage its proprietary technology platforms to develop an innovative online marketplace in partnership with BlissCo to enhance BlissCo’s patient experience. BlissCo is a Canadian licensed producer and distributor of high-quality medical cannabis that operates an Access to Cannabis for Medical Purposes Regulations (“ACMPR”) cultivation facility based in Langley, BC.

Namaste has developed industry-leading technology platforms which bring significant value to both the Company and the cannabis industry. This Agreement with BlissCo represents Namaste’s ability to enhance the consumer experience for its own customers and those of its industry peers.

Under the terms of the Agreement, Namaste will assist BlissCo in enhancing its online platform by utilizing Namaste’s suite of innovative technologies including;

  • Comprehensive audit of BlissCo’s e-commerce platform.
  • Enhancement recommendations to improve the user experience.
  • Software integrations including AI and machine learning through Findify.io.
  • Customization of Namaste’s telemedicine application, NamasteMD.
  • E-commerce development services including programming and IT.
  • Access to same-day delivery service through Pineapple Express Inc.

Blissco will compensate Namaste for services with 210,000 common stock options. Each option will have an exercise term of up to three (3) years.

Namaste is also pleased to announce that President and CEO, Sean Dollinger will join BlissCo’s board of directors. Namaste believes support from its management team will bring value to BlissCo’s board in areas of technology and e-commerce.

Namaste is focused on the development and acquisition of innovative technologies that will have a significant impact on the cannabis industry. As legalization of medical and recreational cannabis evolves globally and cannabis prices consolidate, Namaste will focus on technology and e-commerce innovations that can offer significant value to the Company and its industry peers. As many companies focus on cultivation, Namaste is establishing its position as a leader in e-commerce and technology in the cannabis industry.

Management Commentary

Damian Kettlewell, President and CEO of BlissCo comments; “By signing this partnership with Namaste, we are building yet another layer within the BlissCo Ecosystem that will enhance our connection with customers. This direct connection will provide a critical feedback loop to continuously improve our offerings, cultivate relationships and truly understand our customers. Providing a great experience is paramount for us and this technology gives us the tools we need to deliver that seamlessly.”

We’re also very pleased to have Namaste’s CEO Sean Dollinger join our board of directors and feel that Sean will bring great value and insight to our board and we look forward to expanding our relationship with Namaste in the future.

Sean Dollinger, President and CEO of Namaste comments; “We’re very proud to be partnering with Blissco and offering these services. We truly feel that the technology we’re developing will bring great value to others as well. We consider ourselves very fortunate to be breaking ground in exciting areas of technology including AI and machine learning within applications in the cannabis industry. Our technology platforms, like NamasteMD can also help all Canadians with more convenient access to medical cannabis from the comfort of their home.

We’re proud to be able to offer these platforms to partners and enhance their patient’s consultation and buying experience. We’re certainly looking forward to working with Blissco and their team who we believe are aligned with Namaste’s values and have great respect for their management team. Namaste will continue to create and acquire innovative technologies both domestically and abroad.

I’m honored to have the opportunity to join BlissCo’s board of directors and hope to provide significant value to their team in my role.”

About BlissCo Cannabis Corp.
BlissCo Cannabis Corp. (CSE: BLIS) (FRA: GQ4B) is an ACMPR licensed producer and future distributor of ultra-premium cannabis. The company sits at the heart of an international ecosystem and is focused on the success of its domestic and global partnerships.

BlissCo leverages the latest technology and is continuously developing its network of top-tier industry experts to drive the success of its brand and channels, moving premium Canadian cannabis to local and international markets.

BlissCo is backed by an experienced team that is deeply in tune and integrated with industry partners and BlissCo’s future patients and customers.

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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 TSXV has neither reviewed nor approved the contents of this press

SOURCE Namaste Technologies Inc.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/July2018/18/c1227.html

Namaste $N.ca $NXTTF receives approval of Normal Course Issuer Bid to repurchase and cancel up to 25,308,136 shares and announces attendance at #GritCAMP #cannabis & crypto conference July 25th-27th $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:49 AM on Monday, July 16th, 2018

  • Announced that the Company has received approval from the TSX Venture Exchange for a Normal Course Issuer Bid to repurchase for cancellation up to  25,308,136 common shares of its own capital through the facilities of the Exchange

VANCOUVER, July 16, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRA: M5BQ)(OTCMKTS: NXTTF) is pleased to announce that the Company has received approval from the TSX Venture Exchange (the “Exchange”) for a Normal Course Issuer Bid (“NCIB”) to repurchase for cancellation up to  25,308,136 common shares of its own capital through the facilities of the Exchange. The NCIB will be in place for a 12-month duration, commencing on July 18th, 2018 and ending July 17th, 2019. Additionally, Namaste is also pleased to announce that the Company will attend and present at Grit Capital Advisory’s upcoming July 25-27th 2018 conference, GritCAMP.

Pursuant to the notice of intention filed with the Exchange, the Corporation intends to purchase for cancellation, through the facilities of the Exchange and at the market price of the Corporation’s common shares (“Common Shares”) at the time of purchase, up to 25,308,136 Common Shares, representing approximately 8.9% of the Company’s issued and outstanding common shares and 10% of the Company’s “public float” (as such term is defined in the TSX-V Corporation Finance Manual).

The NCIB will be conducted on behalf of the Company by Canaccord Genuity Inc. (“Cannacord”). The actual number of Common Shares that may be purchased and the timing of any such purchases will be determined by the Corporation and will be made in accordance with the requirements of the Exchange.

The Corporation will enter into a pre-defined plan with Cannacord to allow for the purchase of Common Shares by the Corporation at times when it ordinarily would not be active in the market due to internal trading blackout periods.

Namaste is pleased to announce that CEO Sean Dollinger will be presenting at GritCAMP’s upcoming cannabis and crypto conference on July 25th-27th, 2018. Grit Capital Advisory firm is well-known for its aggressive “out of the box” thinking. The conference will feature 20 of the most exciting crypto, cannabis, gaming & health-tech companies in North America and will feature +50 international wealth managers, 1×1 company circuit, immersive games and competitions, unique skill building in personal cyber-security, presenting with flair, tricks of the trade tax planning, live pyrotechnics entertainment and much more.

Genevieve Roch-Decter, CEO of Grit Capital comments: – “Cannabis and crypto are two of the most booming growth sectors in North America. Billions of dollars of capital are being invested into these industries with increasing institutional backing. Grit Capital prides itself on showcasing the right companies to the right people, in immersive settings where “fun” and “informative” intersect, driving strong investor engagement.”

To sign-up for GritCAMP, the crypto & cannabis markets and investments conference, visit www.gritcamp.ca

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: – “We believe that the present trading price of the Common Shares of the Namaste is at a significant discount to a what we believe is reflective of the Corporation’s value as a whole. Subsequently, management is of the view that it is in the best interests of all shareholders of the Corporation that, from time to time, Common Shares be acquired by the Corporation and returned to the treasury, thus increasing the Corporation’s value per Common Share for remaining shareholders.

We’re also very proud to have joined Grit Capital’s GritCAMP conference and I’m very much looking forward to presenting and participating in the event. Grit Captial’s management team have demonstrated themselves to be forward-thinking and innovative with respect to their platform and initiatives in the cannabis industry.”

About Grit Capital Inc.

Grit Capital is a capital markets advisory firm based in Toronto, Canada. In a nutshell: We “Tell the Right Story to the Right People” and “Incessantly Chase ROI”. We showcase our clients to investors through targeted 1×1 meetings, events, conferences, cross-north America roadshows and on social media. We pride ourselves on “out of the box” thinking to captivate mindshare. The intersection of “fun” and “informative” is where we and our clients thrive. We control our own messaging through our media platform, GritMedia, featuring a weekly newsletter that goes out to ~2k curated finance professionals. For further information about Grit Capital, please visit our corporate website at;

www.gritcapital.ca

About Namaste Technologies Inc.

Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.

Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

 

On behalf of the Board of Directors

 

“Sean Dollinger”

 

Chief Executive Officer

 

Direct: +1 (786) 389 9771

 

Email: [email protected]ologies.com

 

Further information on the Company and its products can be accessed through the links below:

 

NamasteTechnologies.com

 

NamasteMD.com

 

NamasteVapes.ca

 

Everyonedoesit.ca

 

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 law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the 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 speak 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. Neither the TSX Venture Exchange nor its market regulator has reviewed or approved the contents of this press release.