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Invested in #MMJ stocks such as #Cannabis Sativa $CBDS ? Check out the world’s largest B2C #Vaporizer company Namaste $N.ca

Posted by AGORACOM-JC at 11:12 AM on Wednesday, September 20th, 2017

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N: CSE

  • World’s Largest E-Commerce B2C Vaporizer Company
  • Record Monthly Sales in August of C$1.43M
  • 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.

Namaste $N.ca Announces Product Acquisition Agreement With Aphria Inc. $APH.ca

Posted by AGORACOM-JC at 9:49 AM on Wednesday, September 20th, 2017

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  • Signed a Product Acquisition Agreement with Aphria Inc. (TSX:APH) (OTCQB:APHQF), to supply medical cannabis through Namaste’s Cannmart facility in Ontario, Canada
  • Agreement represents further progress for Namaste in securing supply agreements with high quality producers of medical cannabis

VANCOUVER, British Columbia, Sept. 20, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has signed a Product Acquisition Agreement (the “Agreement”) with Aphria Inc. (“Aphria”) (TSX:APH) (OTCQB:APHQF), to supply medical cannabis through Namaste’s Cannmart facility in Ontario, Canada.

The Agreement represents further progress for Namaste in securing supply agreements with high quality producers of medical cannabis. Namaste intends to build on its current product offerings through its distribution license, by creating an online marketplace that is inclusive of medical cannabis for our Canadian customers. Namaste is pleased to have brought on Aphria, one of Canada’s leading licensed producers focused on production of pharmaceutical grade medical cannabis products.

About Aphria Inc.

Aphria Inc., one of Canada’s lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington, Ontario, the greenhouse capital of Canada, Aphria is truly powered by sunlight, allowing for the most natural growing conditions available. It is committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics and returns to shareholders. It is the first public licensed producer to report positive cash flow from operations and the first to report positive earnings in consecutive quarters.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to be working with Aphria, who we believe to be one of the top Canadian producers of the highest quality medical cannabis products. Our goal is to create an online marketplace for our patients that will offer a variety of products sourced from various producers in Canada and overseas. We plan to leverage our existing database of Canadian consumers along with our expertise in e-commerce to provide a unique platform for medical patients to access. We are excited to offer Aphria product to our Cannmart patients shipped from our facility in Toronto, Ontario.”

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

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

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.everyonedoesit.com

www.everyonedoesit.co.uk

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 CSE has neither reviewed nor approved the contents of this press release.

Namaste $N.ca Added to Newly Created CSE25 Index #Vapes #Vaping #CSE25

Posted by AGORACOM-JC at 4:17 PM on Monday, September 18th, 2017

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  • New index comprised of the securities of the largest companies trading on the exchange
  • CSE25 Index is a subgroup of the CSE Composite Index

Toronto, Ontario–(September 18, 2017) – The Canadian Securities Exchange (“CSE”) is pleased to announce the introduction of a new index comprised of the securities of the largest companies trading on the exchange.

The CSE25 Index is a subgroup of the CSE Composite Index. The composite index launched in 2015 and includes almost half of the exchange’s listed companies and covers over 75% of the trading activity on the exchange. The new index includes the top twenty-five securities by market capitalization contained in the composite index. These companies account for over 50% of the weighting in the larger index and are typically stocks that attract considerable trading volume.

Richard Carleton, CEO, observed that “as the exchange has grown rapidly in terms of trading volumes and market capitalization it is appropriate that we give market participants a benchmark that monitors the performance of our largest and most liquid issues. As the ‘exchange for entrepreneurs’ we are proud of their success in the Canadian capital markets.”

Trading volumes on the CSE have been exceptionally robust in 2016 and 2017. The turnover of the entire market measured by the value of trading divided by the total market cap has averaged 6.6% per month in the year to date, which represents a level of market activity unrivalled in the Canadian exchange space.

A complete list of the constituent securities of the CSE25 Index appears below.

Symbol Security Name CSE 25
Weighting
LHS Liberty Health Sciences Inc. 14.31%
TRST CannTrust Holdings Inc. 13.00%
URB.A Urbana Corporation A NV 6.25%
AHG Alternate Health Corp. 5.69%
MARI Maricann Group Inc 5.13%
CRZ CannaRoyalty Corp. 4.90%
BCC The Canadian Bioceutical Corporation 4.11%
MDM Marapharm Ventures Inc 3.96%
URG Oriental Non-Ferrous Resources Development Corp. 3.68%
GLH Golden Leaf Holdings Ltd. 3.56%
XMG MGX Minerals Inc. 3.13%
FLT Drone Delivery Canada Corp. 2.99%
THC THC Biomed Intl Ltd 2.88%
ISOL Isodiol International Inc. 2.82%
IN InMed Pharmaceuticals Inc. 2.76%
BLO Cannabix Technologies Inc. 2.54%
N Namaste Technologies Inc. 2.22%
IAN iAnthus Capital Holdings Inc. 2.22%
VGW Valens Groworks Corp. 2.22%
MTA Metalla Royalty and Streaming Ltd. 2.15%
SNA Star Navigation Systems Group Ltd. 2.02%
LDS Lifestyle Delivery Systems Inc 1.95%
MYM MYM Nutraceuticals Inc. 1.91%
MRM Micromem Technologies Inc. 1.81%
RSS RESAAS Services Inc. 1.80%

 

About the CSE

The Canadian Securities Exchange is home to more than 300 uniquely listed issues covering a broad range of industry sectors. The exchange provides trade execution, smart routing, risk management, compliance and market information services for Canadian listed instruments.

Recognized as an exchange by the Ontario Securities Commission in 2004, the CSE is designed to facilitate the capital formation process for public companies through a streamlined approach to company regulation that emphasizes disclosure and the provision of efficient secondary market trading services for investors.

For more information please visit www.thecse.com and our blog at blog.thecse.com.

Rob Cook
Senior Vice President, Market Development
Rob.Cook@thecse.com
416-367-7349

Namaste $N.ca Announces Supply Agreement With Israel-Based #Cannabis Producer Cannbit Ltd. #MMJ #Vapes

Posted by AGORACOM-JC at 8:32 AM on Friday, September 15th, 2017

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  • Wholly owned subsidiary, Cannmart Inc, has signed a supply agreement with Israeli-based producer Cannbit
  • Will supply medical cannabis products sourced from Cannbit in Israel,
  • To be sold exclusively in Canada through CannMart and Namaste sales channels
  • Represents a fundamental step in Namaste’s growth strategy to develop a marketplace

VANCOUVER, British Columbia, Sept. 15, 2017 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ)(OTCMKTS:NXTTF) is pleased to announce that its wholly owned subsidiary, Cannmart Inc. (“CannMart”), has signed a supply agreement (the “Agreement”) with Israeli-based producer Cannbit Ltd. (“Cannbit”).

The Agreement, subject to approval by Health Canada, will supply medical cannabis products sourced from Cannbit in Israel, to be sold exclusively in Canada through CannMart and Namaste sales channels. This Agreement represents a fundamental step in Namaste’s growth strategy to develop a marketplace for Canadian medical cannabis that will include product sourced both domestically and internationally.

Namaste will further pursue supply agreements with domestic and international producers in developing a unique online platform to provide a larger variety of medical cannabis products to patients sourced from domestic and international producers. Namaste recognizes that Israel is providing the medical cannabis industry with leading research and intends to provide Israeli-grown products to Canadian medical cannabis patients.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to sign this Agreement. We had the opportunity of meeting with the Cannbit management team and feel very strongly that Namaste will bring some of the highest quality medical cannabis available in the world to our Canadian patients. Through our new platform, Namaste MD, we will be offering a full-service platform for users to flow through an initial consultation to issuance of a prescription. They will then be provided with access to our marketplace of medical cannabis products that will be sourced from multiple producers in Canada, as well as countries like Israel, that are innovators in research and development in our industry.”

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

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

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.everyonedoesit.com

www.everyonedoesit.co.uk

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 CSE has neither reviewed nor approved the contents of this press release.

Invested in #MMJ stocks such as AeroGrow $AERO ? Check out the world’s largest B2C #Vaporizer company Namaste $N.ca

Posted by AGORACOM-JC at 9:42 AM on Tuesday, September 12th, 2017

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N:CSE

  • World’s Largest E-Commerce B2C Vaporizer Company
  • Record Monthly Sales in August of C$1.43M
  • 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

Health Advantages

Namaste $N.ca Announces Record BREAKING Sales in August of C$1.43M #Vaping

Posted by AGORACOM-JC at 9:00 AM on Thursday, September 7th, 2017

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  • August 2017 sales as reported by the Company were CAD$1,426,755
  • Represents the Company’s all-time record in monthly sales.

VANCOUVER, British Columbia, Sept. 07, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ)(OTCMKTS:NXTTF) is pleased to announce August 2017 unaudited sales as reported by the Company (including shipping revenues and after discounts and refunds) were CAD$1,426,755 which represents the Company’s all-time record in monthly sales.

The total unaudited sales in August 2017 can be compared to CAD$1,196,971 in July 2017, a 19% increase. The increase in revenues was driven due to a 516% increase in sales through channels (eBay, Amazon) and a 43% increase in wholesale revenues. Namaste Vapes revenues increased by 15%.

The table below displays a revenue breakdown for Namaste’s sales channels:

Revenues – June 2017 (C$)
Namaste 539,546
EDIT 173,645
Australian Vaporizers 416,469
Green Vapes 11,454
Distribution Goods 132,685
Dropshipping 16,981
Channels 135,975
Total revenues     1,426,755 

 

The following table details selected data for traffic, conversion rates, order quantities, basket prices and related revenues:

Selected operating data e-Commerce June 2017 in C$    
  traffic conversion orders  basket price   gross revenues 
Namaste 136,046 2.14 % 2,911 $ 181 $ 526,484
Australian Vaporizers 45,476 4.49 % 2,041 $ 210 $ 428,898
EDIT 258,646 0.99 % 2,561 $ 69 $ 175,401
GreenVapes 3,587 1.37 % 49 $ 227 $ 11,124
Total   443,755  1.70 %   7,562  $    151  $    1,141,908

Namaste has seen growth in revenue during what are typically the slowest months of the year for e-commerce businesses. Implementation of various machine learning algorithms on only 4 of its 30 sites has resulted in significant improvement in conversion rates and page values. The machine learning algorithms are used on product landing (category) pages and adjust the content of the page, based on the user’s on-site browsing history, product categories and price points. The landing pages which have the algorithms installed will display differently for every user that visits the site. Namaste has seen an immediate and direct impact on conversion rates resulting from the implementation of these algorithms on select landing pages. Namaste plans to implement the same technology across its entire platform of sites starting September 15, 2017 and with a brand new design.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to again see record breaking sales in one of the slowest months of the year for e-commerce companies. We are looking forward to full implementation of the machine learning algorithms across our entire platform. We are also very pleased to see strong growth in our marketplace channels (eBay and Amazon) and are looking forward to seeing strong growth going in to the fall and holiday season.”

About Namaste Technologies Inc. 

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

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

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.vaporseller.com

www.everyonedoesit.com

www.everyonedoesit.co.uk

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 CSE has neither reviewed nor approved the contents of this press release.

Namaste Technologies $N.ca Provides Update on CannMart Inc. – Facility is under review #MMJ #Marijuana #Hemp

Posted by AGORACOM-JC at 10:40 AM on Tuesday, September 5th, 2017

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  • Received confirmation from Health Canada that the facility acquired in the acquisition of Cannmart Inc. is under the review stage of its application
  • Under the Access to Cannabis for Medical Purposes Regulations to become a “sales only” licensed producer of medical cannabis

VANCOUVER, British Columbia, Sept. 05, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has received confirmation from Health Canada that the facility (the “Facility”) acquired in the acquisition of Cannmart Inc. (“CannMart”) is under the review stage of its application (the “Application”) under the Access to Cannabis for Medical Purposes Regulations (the “ACMPR”) to become a “sales only” licensed producer of medical cannabis. Namaste has also engaged David Hyde & Associates to provide security consulting for the Facility and Eurofins Experchem Laboratories Inc. (“Eurofins Experchem”) to consult for CannMart on regulatory compliance.

On August 22, 2017, CannMart received confirmation from Health Canada that it has reached the review stage of the Application, during which Health Canada will be completing a thorough review of the Application. Concurrently, CannMart’s submitted personnel security clearances are being processed. The Security Clearance Application Forms that were submitted as part of the Application will be reviewed for completeness before a request is submitted to the RCMP to conduct a check of the relevant files of law enforcement agencies, including intelligence gathered for law enforcement purposes.

Over the past 4 years, David Hyde & Associates has provided security consulting services to over 165 ACMPR license applicants across Canada, worked with 27 licensed producer sites and attended 22 pre-license inspections with Health Canada. Its 11-member team has extensive experience in security consultation within the regulated medical cannabis sector in Canada and beyond and recently became the first Associate Member of the Cannabis Canada Association.

Eurofins Experchem has been engaged by Namaste to provide regulatory consulting services for CannMart through its final stages of approval from Health Canada. Eurofins Experchem provides a wide range of regulatory and testing services for the Canadian medical cannabis industry, ensuring that facilities comply with the Marihuana for Medical Purposes Regulations.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very excited to make this announcement on the progress of activities with our CannMart facility. We are also very much looking forward to working with the teams from both David Hyde & Associates and Eurofins Experchem Laboratories Inc. to consult for CannMart during this stage and once operations at the Facility begin.”

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

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

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.vaporseller.com

www.everyonedoesit.com

www.everyonedoesit.co.uk

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 CSE has neither reviewed nor approved the contents of this press release.

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Invested in #MMJ stocks such as #Cannabis Sativa $CBDS? Check out the world’s largest B2C #Vaporizer company Namaste $N.ca

Posted by AGORACOM-JC at 2:43 PM on Friday, September 1st, 2017

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  • World’s Largest E-Commerce B2C Vaporizer Company
  • Record Monthly Sales of CAD$1.349M For June 2017
  • 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

Are you an investor in Vapor Corp. $VPCO ? Check out the world’s LARGEST B2C #Vaporizer Company Namaste $N.ca

Posted by AGORACOM-JC at 4:34 PM on Tuesday, August 29th, 2017

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N:CSE

  • World’s Largest E-Commerce B2C Vaporizer Company
  • Record Monthly Sales of CAD$1.349M For June 2017
  • 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

Are you an investor in $MCIG.us Check Out The World’s Largest B2C #Vaporizer Company Namaste $N.ca

Posted by AGORACOM-JC at 10:04 AM on Wednesday, August 23rd, 2017

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  • World’s Largest E-Commerce B2C Vaporizer Company
  • Record Monthly Sales of CAD$1.349M For June 2017
  • 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