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Leading Vaporizer Marketer, Namaste Technologies, Reports Website Traffic Up 531% $N.ca

Posted by AGORACOM-JC at 5:39 PM on Thursday, August 18th, 2016

Vancouver, British Columbia–(August 18, 2016) – Namaste Technologies (CSE: N) (FSE: M5BQ) (OTC Pink: NXTTF), an emerging leader in the vaporizer and accessories space, reports that site traffic is up 531% from 42,353 in April to 267,144 in July. Management attributes this growth to the recent acquisition of VaporSeller along with enhanced digital marketing strategies.

InvestmentPitch.com has produced a “video” which discusses this company. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Namaste” in the search box. The video is also available for viewing on YouTube (click here).

Based on this growth rate, Namaste is on track to achieve its near term goal of becoming the largest global retail e-commerce company in its space, and is actively looking to further expand its markets globally, through acquisitions and strategic partnerships.

The company has invested significant resources into improving the domain authority index of its flagship UK websites. As a result, domain authority has increased from 21 to 41, which now places Namaste in the top decile of all vaporizer sales globally, based on this important metric.

With more than 30 e-commerce retail stores in 20 countries, targeting both medical and recreational herb consumers, the company currently offers the largest range of brand name vaporizer products in the market.

According to Wells Fargo Research, the global market for vapor products is estimated to have exceeded $2 billion in 2014.

The company launched VASTrader, (www.VASTrader.com), a marketplace for the trading of previously owned vaporizers, and launched the Groovy Vapes application, available in the Google Play and Apple stores, for the purchasing of vaporizers.

Sean Dollinger, CEO, stated: “Almost exactly one year ago, we started the process of transforming Namaste into a public company with the objective of utilizing our ecommerce, engineering and financial skills to capture significant vaporizer market share. With our acquisition of Vaporseller and our investment in technology, the Company is now in position to become the leading industry consolidator. I am also happy to report that our TSX Venture Exchange listing application is being submitted to the exchange within the coming weeks.

For more information please visit the company’s website www.NamasteTechnologies.com, or contact Sean Dollinger, CEO, at 786-389-9771 or email info@NamasteVapes.com.

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Namaste (C.N) seeks to become “Alphabet” of the vaporizer space $N.ca

Posted by AGORACOM-JC at 8:21 AM on Wednesday, August 17th, 2016

Click to enlarge

When industries start out, there is a window of opportunity for forward-thinking companies to become the axle from which all the spokes connect – to become the nexus of the sector. When Google stepped into the fray back in 1997, Google founders understood the underlying power of a truly dynamic search engine and how it could actually help shape the World Wide Web through analytics. As a result, two PhD students went from a good idea and a vision, to a corporate monolith, now known as Alphabet, with over 61,000 employees, a quarterly revenue of US$21.5 billion in Q2 2016 and since the start of the year, America’s most valuable company twice in three months, beating out Apple both times.

Click to enlargeIf we draw a parallel to the rapidly emerging medical and recreational marijuana sectors, it is 1997 all over again, and there is another company coming onto the field with a similar vision of pulling together a nascent legalized cannabis sector, that according to a 2014 report by Greenwave Advisors, is expected to surpass the NFL by 2020 with over $35.0 billion in revenues in America alone and this is a base figure. We are at the end of another prohibition and Namaste Technologies (CSE: N, Forum), headed by a like pair of young visionaries, intends to become the tie that binds in a high growth industry with plenty of blue sky.

Walk down a commercial street in Vancouver and you’re probably going to find a shop selling herbs or smoking/vaping accessories. Just like you would in Denver, Seattle, Portland, Nome and Washington, DC. Unfortunately, as this list continues to grow, it’s a mom-and-pop free-for-all when it comes to the sale of accessories, leaving many imbibers with shoddy product and bad advice. Namaste is leveraging regulatory, health and technology factors such as decriminalization and destigmatisation of cannabis products to grow its integrated technology-driven business model spanning e-commerce and wholesale marketing, logistics, customer service and research and development.
Click to enlargeOf course, every company selling vapes, drops that line, but Namaste has prided itself on the company’s integrity as President and CEO, Sean Dollinger, explained, “When Kory and I started this, there was this product called the Pinnacle Pro. There was a lot of defects with it, but it was the hottest seller out there. We had just started and we were the first ones to come out – the Muddy Waters of the vaporizer industry – and we actually gave a warrant notice on it. We got a tremendous amount of backlash on that, but at the end of the day, that was the start of why Namaste is the most trusted vaporizer site in the world now.”

When he said “world”, he wasn’t kidding. Namaste currently sells in 20 countries with just over 50% of its business coming out of Europe. Yes, you heard me, the company is revenue generating on a global scale and as of July, 2016, had a run rate of over $8.0 million and a 6% monthly organic growth rate. This leads us to the next part of the “Alphabet” strategy; inorganic growth through acquisition. On July 18th of this year, the company announced that it had closed its acquisition of Vaporseller, an e-commerce portal for the sales of vaporizers and accessories. The deal added an unaudited revenue base of US$3.4 million to Namaste’s topline. That’s an impressive 142% increase in revenue run rate. The transaction also netted over 150,000 names for Namaste’s customer list while adding new marketplace relationships and providing an entrance into the lucrative American market. Then there’s that little thing about a full product catalog of vapes, tanks, mods and accessories. You can see where this is heading, right?

Click to enlargeGoogle’s road to “Alphabet” was made possible by its ability to outmaneuver Yahoo and move with the times. Similarly, since Namaste’s inception, it has moved lithely with the digital age as company CFO, Darren Collins, explained, “Historically from founding of the business to where we are today, there’s certainly been a lot of milestones. From an operations perspective, it’s been streamlining the business to get the right systems and right infrastructure in place to really manage and scale the business. That means working with groups like Linnworks and Shopify, a great Canadian company.”

Namaste was also busy getting their distribution centres set up in the UK, the US, Brazil and Australia, then building teams to support these new regions. While this was going on, the company moved to build the solid base of board with lifetime veteran of corporate and project finance, Sidney Himmel, as Chairman. Sitting as Independent Directors are: Peter Simeon, expert in corporate commercial and securities law and partner at Gowling WLG, as well as Sefi Dollinger, serial entrepreneur with over two decades of experience, and specializations in sales management, new business development and contract negotiation.

The founding management team of Sean Dollinger and Kory Zelickson as COO, combines over 15 years’ expertise in online marketing and over 12 years’ experience in designing, developing, and manufacturing new products. Together this dynamic duo has done over $350 million of online sales. Then the addition of Darren Collins, who has over 10 years of corporate and project finance experience and has been involved in over $1.0 billion worth of transactions. You could safely say this is a power trio.

Click to enlargeWhen it comes to finances, Namaste has also had a transformative year. The company raised its first external financing for gross proceeds of approximately $1.3 million and of course, the company went public to tap into and consolidate a fragmented market. Collins added, “It’s a high-growth market and we now have a public markets currency, and a good pipeline of additional opportunities. I think it bodes well that we were able to close our first acquisition of Vaporseller right out of the gate.”

Click to enlargeI believe I said something about products a while back. Namaste is also a manufacturer with its leading-edge premium vape, The Grizzly Guru. The Grizzly Guru is basically the top-end Swiss Army Knife of the vaporizer world. If you have herb, if you have oils or wax concentrates or even e-liquid cartridges, you can use the Grizzly Guru without worry. It isn’t hard on the pocket book either at $195. Don’t let the price fool you, it beat the pants off of the $400 Mighty vaporizer when it came to features. Oh yeah, the Guru has a 70% profit margin. So the customer smiles and the shareholder celebrates.

Dollinger’s marketing prowess taps into multiple demographics and increases traffic and conversions by employing key ad space on site to showcase Namaste Vaporizers, for the 18-44 age group with product reviews by Kory Zelickson, Vape Gossip, for the female demographic with Chelsea product reviews, Green Vapes, for the baby boomers with product reviews by Marc Mulvany and last but not least, Groovy Vapes for the 18-30 gamer.

As with any successful online operation, social media plays an important part. Namaste is crafting its own social experience that will combine the act of trading vaporizers with ecommerce portals to increase commercial traffic and recurring revenue while building tightly knit communities of like-minded individuals. Talk about sticky.

Collins went on to explain what investors have to look forward to, “We have some e-commerce developments that we will be sharing with the market. Some of the things we’ve really been focused on have been increasing our domain authority, increasing our traffic and increasing the quality of our platform. I think we’ve made some real progress there that we will be sharing with the market as well. We also have exclusivities we are working on with manufacturers. Manufacturers are looking for groups to take them international in many cases, so we look to exclusivities on specific jurisdictions with some well-known manufacturers.”

Collins quickly added, “Just for reference, the largest company in the space is called VapeWorld. This company does about US$85.0 million worth of run rate revenue. The cornerstone of how that company was built was through an exclusivity on a product called, Pax. That product is the best-selling vaporizer in the world. So that really transformed the business into a market leader.”
Click to enlargeNamaste will also work to develop more relationships with distributors and LPs here in Canada, as well as develop international partnerships with groups looking to expand into hardware distribution. Investors and the public can also look forward to a series of new products being released under Namaste’s Grizzly Originals brand over the coming months.

So how is Namaste going to fuel this push? What are books like and how are they going to be over the next 12 months? Okay, we know they’re generating revenue. That means the core business is working. This past year was full of one-time expenses to do with publicly listing and the Vaporseller acquisition. That said, Collins didn’t think fiscal 2016 would show a profit for the company, but the company would only need to raise money to increase inventory and since the cash cycle is nearly instantaneous, Namaste wouldn’t have to sit on that extra investment for long.

Basically as Namaste moves ahead, it will be a triple threat dealing in e-commerce, manufacturing and wholesale with margins that would make your mouth water. If the company is able to continue its present momentum and stick to its innovative vision, we may very well see Namaste launch its own umbrella company to keep up with its business. Even leaving the blue sky prospect aside, the company will probably do over $10.0 million run rate revenue in the near term and its market cap is $7.44 million. I think the math speaks for itself. Investors would be wise to keep this on their radar, but don’t take my word for it, however. As always, do your due diligence before making any investment decision.

–Gaalen Engen
http://twitter.com/gaalenengen

FULL DISCLOSURE: Namaste Technologies is a Stockhouse Publishing client.
Read more at

 

CLIENT FEATURE: #1 Vaporizer Distributor in Europe, $5.8M USD of Revenue Run Rate $N.ca

Posted by AGORACOM-JC at 10:49 AM on Thursday, August 11th, 2016

  • #1 vaporizer distributor in Europe
  • $5.8M USD of revenue run rate
  • Proprietary products launched
  • Perfect market timing for expansion

  • International ecommerce distribution
  • 30+ International based portals
  • 10 Languages
  • Proprietary vaporizer products
  • Targeting organic growth at 100% per year
  • Sourcing accretive M & A transactions

Regulation

  • Decriminalization and destigmatization of marijuana for medical and recreational use in US, Canada and Europe
  • Vaporizers have lower regulatory burden than growers

Health Advantages

Technical Advances

  • Improved mobility from reduced size of vaporizers
  • Ability to handle liquids, resins and plant matters
  • Conduction, convection, induction technologies
  • Mobile connectivity
  • Increasingly becoming part of the internet of things


Namaste Announces Third Quarter Financial Results $N.ca

Posted by AGORACOM-JC at 11:01 AM on Wednesday, August 3rd, 2016

Namastelarge_copy

  • Gross profit of $353,361 represents a 47.9% gross profit margin for Q3 2016 versus 42.3% for Q3 2015.
  • While gross profit declined versus Q3 2015 by 23.1%, gross profit sequentially increased by 11.6% compared to Q2 2016 and gross profit margin improved from 45.3% to 47.9%. The sequential improvement in margin is indicative of the Company’s increased focus on price controls and more favorable terms from manufacturers.

Toronto, Ontario, CanadaNamaste Technologies Inc. (“Namaste” or the “Company”) has reported financial results for the third quarter and nine month period, each ending May 31, 2016. The financial statements and management discussion & analysis for the period can be accessed on SEDAR at www.sedar.com.

During the quarter, the Company focused efforts on transitioning from pay-per-click advertising to inbound organic e-commence growth strategies, which generated Q3 2016 e-commerce revenue of $738,199 and gross profit was $353,361, representing a 47.9% gross profit margin. For the nine month period, revenue was $2,611,871 and gross profit was $1,058,154, representing a 40.5% gross profit margin. For the 2015 fiscal year, the comparable Q3 revenue was $1,087,256 and the comparable revenue for the nine month period was $3,471,420.

Looking forward to the last quarter of 2016 and first half of 2017, the Company anticipates revenue and gross profit to increase significantly due to further traction with its current inbound e-commerce market initiatives, commercialization of the Gurutm, acquisition of VaporSeller, and seasonal increase of sales activities during Black Friday, Cyber Monday and the holiday season.

Third Quarter Financial Highlights

  • ➢ Revenue of $738,199 represents a 32.1% decline over Q3 2015 and sequential increase of 5.7% over Q2 2016. The variance in revenue is indicative of the Company’s transition from expensive pay-per-click advertising to inbound organic e-commence growth strategies which should result in stable revenue performance and decreased advertising spending.
  • ➢ Gross profit of $353,361 represents a 47.9% gross profit margin for Q3 2016 versus 42.3% for Q3 2015. While gross profit declined versus Q3 2015 by 23.1%, gross profit sequentially increased by 11.6% compared to Q2 2016 and gross profit margin improved from 45.3% to 47.9%. The sequential improvement in margin is indicative of the Company’s increased focus on price controls and more favorable terms from manufacturers.
  • ➢ Operating costs of $716,855 represent a 97% increase over Q3 2015 and a 19.4% sequential decrease over Q2 2016. The majority of the increase in operating costs compared to Q3 2015 is due to nonrecurring costs associated with taking the Company public and share-based compensation.
  • ➢ Pre-tax loss of $363,494 is reflective of the increased operating costs during the period, being primarily due to listing costs and share-based compensation.

Third Quarter Financial Highlights

  • ➢ Transitioned from pay-per-click advertising to inbound organic e-commence growth strategies focused on domain authority, best-in-class natural rankings, trust of brand growth, client population expansion, and sales conversion optimization. Organic inbound marketing increases the recurring nature of sales and places less dependence of major search engines.
  • ➢ Maintained #1 brand trust ranking in the vaporizer space, as ranked by Trust Pilot, and achieved approximately a 3% conversion ratio over the period.
  • ➢ Entered binding letter of intent for the acquisition of VaporSeller, an e-commerce platform for the distribution of vaporizers and accessories with an unaudited revenue of US$3.4 million in 2015. Subsequent to the quarter ended May 31, 2016, the Company closed the acquisition o
  • ➢ Placed commercial order qualities for the Gurutm, the Company’s first proprietary vaporizer capable of seamlessly vaporizing dry herbs, concentrates and liquids.

Mr. Sean Dollinger, President and CEO of Namaste, comments: “The first nine months of the Company’s fiscal 2016 has been transformational. When I reflect back at the accomplishments of our team over this period, including taking our company public, completing our first external capital raises, securing our first acquisition and implementing long term and sustainable e-commerce marketing strategies, my personal sense of optimism and excitement for the future of Namaste is confirmed. As always, I would like to thank all the stakeholders of Namaste for their support as we continue to move forward with our objective of creating the leading international vaporizer and accessories company globally.”

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce 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”
Sean Dollinger
Chief Executive Officer

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

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

Copyright © 2016 Namaste Technologies Inc., All rights reserved.
You are receiving this email because you have either opted in or provided your contact details to Namaste Technologies for the purposes of updates on company activities.

Our mailing address is:
Namaste Technologies Inc.

1600 – 100 King Street West

Toronto,OntarioM5X 1G5

Canada

 

INTERVIEW: Namaste Discusses Accretive Acquisition of VaporSeller Bringing Company’s Revenue Run Rate to $5.8M USD $N.ca

Posted by AGORACOM-JC at 3:36 PM on Friday, July 22nd, 2016

Namaste Technologies is a fast growing, revenue generating company that is emerging as a leader in the global trend towards “vaping”. If you’re an investor that doesn’t know what vaping is, you’re about to learn something incredibly important. Hint, it is not to be confused with e-cigs.

Hub On AGORACOM / Corporate Profile / Watch Interview!

Namaste Technologies (CSE: N) has closed the acquisition of VaporSeller $N.ca

Posted by AGORACOM-JC at 9:50 AM on Wednesday, July 20th, 2016

 

 

 

Highlights of the acquisition:

  • Increases annualized run rate revenue by approximately 142% to US$5.8 million;
  • Expands customer list by over 150,000 names;
  • Adds new manufacturer relationships and products that will be sold though VaporSeller as well as Namaste’s retail and wholesale division;
  • Provides strategic entrance into the US market.

Namaste Technologies a global leader in vaporizer product manufacturing and distribution, has closed the acquisition of VaporSeller, an e-commerce seller of vaporizers and accessories.

Hub On AGORACOM/ Corporate Profile / Watch Interview

 

CLIENT FEATURE: Namaste (N: CSE) #1 Vaporizer Distributor in Europe, $4.8 Million of Sales in Initial Year $N.ca

Posted by AGORACOM-JC at 1:31 PM on Friday, July 15th, 2016

(CSE:N)(OTC PINK:NXTTF)(FRANKFURT:M5BQ)

  • #1 vaporizer distributor in Europe
  • $4.8 million of sales in initial year
  • Proprietary product launched
  • Perfect market timing for expansion

  • On-line Retail Distribution
  • 30+ International Websites
  • 10 Languages
  • Proprietary Vaporizer Products
  • Strategic M&A

Regulation

  • Decriminalization of marijuana for medical and recreational use in US, Canada and Europe
  • Vaporizers have lower regulatory burden than growers

Health Advantages

Technical Advances

  • Improved mobility from reduced size of vaporizers
  • Ability to handle liquids, resins and plant matters


Hub On AGORACOM / Corporate Profile

Namaste Signs Definitive Agreement for Acquisition of VaporSeller and Announces Private Placement $N.ca

Posted by AGORACOM-JC at 6:52 PM on Tuesday, June 7th, 2016

http://www.namastetechnologies.com/wp-content/uploads/2016/03/logops-3.png

  • Signed an Asset Purchase Agreement dated June 7, 2016 with Haze Industries Inc. for the acquisition of certain assets relating to VaporSeller
  • An e-commerce platform for the distribution of vaporizers and accessories that is focused on the US market and generated an unaudited revenue of $3.4 million in 2015

TORONTO, ONTARIO–(June 7, 2016) – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ) reports that further to its announcement on April 14, 2016, the Company has signed an Asset Purchase Agreement (the “Agreement”) dated June 7, 2016 with Haze Industries Inc. for the acquisition of certain assets relating to VaporSeller (the “Transaction”), an e-commerce platform for the distribution of vaporizers and accessories that is focused on the US market and generated an unaudited revenue of $3.4 million in 2015.

Pursuant to the terms of the Agreement, Namaste’s U.S. subsidiary will acquire all the website domains, customer list of over 150,000 individuals, intellectual property and goodwill, and related support services associated with VaporSeller, in exchange for US$500,000 of cash on closing, 5 million shares of the Company and an earn-out of US$1.5 million over 3-years, subject to revenue, margin and operational controls. The Agreement supersedes and replaces the Binding Letter of Intent entered into between the parties. The Company anticipates closing the Transaction on or about June 30, 2016, subject to the receipt of all director and regulatory approvals including approval of the Canadian Securities Exchange if required.

In addition to signing the Agreement, Namaste announces that it has arranged, subject to the acceptance of the Canadian Securities Exchange, a non-broker private placement of a minimum of 8.5 million units to a maximum of 12.5 million units (the “Units”) of the Company at a price of $0.12 per Unit for total gross proceeds of approximately $1.0 to $1.5 million (the “Offering”). The Company also reserves the option, exercisable at any time up to and including the closing date, to increase the total size of the Offering by up to 15% of the number of Units. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable to acquire one common share at a price of $0.18 for a period of 24-months. All securities issued in connection with the Offering will have a hold period of four months plus one day from the closing date of the Offering.

Upon closing of the Offering, the net proceeds from the Offering will be used to fund cash closing costs associated with the Transaction, inventory expansion and general working capital purposes.

Finder’s fees comprised of 7% cash and 7% non-transferable share purchase warrants may be paid in connection with the Offering. Any finders’ fees will be payable in accordance with the policies of the Canadian Securities Exchange. Management anticipates the Offering will close on or about June 24, 2016.

Mr. Sean Dollinger, President and CEO of Namaste, comments: “The signing of the definitive agreements for the acquisition of VaporSeller represents a significant step forward in terms of the completion of this transaction. As the first of multiple opportunities we have identified to expand through acquisition, our management team is high focused on ensuring an efficient and effective execution of this transaction as well as a seamless integration of our current platform and VaporSeller. We look forward to continuing to work with the team from Haze to accomplish these objectives.”

About Haze Industries Inc.

Haze Industries, Inc., a privately owned entity, was founded in 2010 and has quickly become a thought-leader in the vaporizer industry. Based in Atlanta, Georgia, Haze operates sales and distribution channels in the industry, including VaporSeller, one of the leading online sales platforms in the United States, focused on the best-selling brands sourced from leading US and international manufacturers. Haze is comprised of industry experts with backgrounds in business management, design and manufacturing, computer programming, e-commerce, and US sales, distribution and fulfillment.

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce 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

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

Parent Company – www.namastetechnologies.com

Manufacturing – www.grizzlyoriginals.com

E-Commerce – www.namastevaporizers.co.uk

Wholesale – www.distributiongoods.com

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 Inc.
Sean Dollinger
Chief Executive Officer
+1 (604) 685-8045
+1 (786) 389-9771
info@namastevapes.com
www.namastetechnologies.com

 

 

Vaping Is 95% Healthier and 40% Cheaper Than Smoking $N.ca

Posted by AGORACOM-JC at 3:00 PM on Monday, June 6th, 2016

http://www.namastetechnologies.com/wp-content/uploads/2016/03/logops-3.png

  • Funded by the tobacco lobby but rather the U.K.’s Department of Health, also noted that around half of the general public falsely assumed vaporizers and e-cigarettes were as unhealthy as a pack of Lucky’s
  • No evidence vaporizers lead to smoking. In fact, the report suggested e-cigarettes as a useful tool to help people quit smoking

The pack-a-day smoker can save around $1,200 per year by vaping.

 

The CDC and various health organizations don’t want to endorse smoking or nicotine consumption in any form, so it’s understandable that they’ve emphasized first and foremost that e-cigarettes are bad for people.

According to a new study published by Public Health England on Wednesday, however, vaping is actually 95% less harmful than their smouldering counterpart.

The study, which was not funded by the tobacco lobby but rather the U.K.’s Department of Health, also noted that around half of the general public falsely assumed vaporizers and e-cigarettes were as unhealthy as a pack of Lucky’s, and that there’s no evidence vaporizers lead to smoking. In fact, the report suggested e-cigarettes as a useful tool to help people quit smoking.

What the report doesn’t mention is that jumping on the e-cig train could save considerable money compared to traditional smoking. According to NerdWallet, disposable e-cigarettes will mug you an average of $1,387 per year if you’re a pack-a-day smoker—considerably less than the $2,569 equivalent yearly cost of the real thing. While it’s still enough to make a dent in your budget, the savings could be critical for many, since tobacco use is higher among among people at a lower socioeconomic status.

If you really want to get that cost down, you can sacrifice some convenience and buy a reusable vape with liquid refills, getting the cost down to about $500 to $600 per year—an average savings of over $2,000. Well, it could save you that, plus a couple decades on your life.

Of course, smokers would save the most–and enjoy the best health and longest lives–by kicking the habit in all forms.

Source: http://time.com/money/4005030/vaping-healthier-cigarettes-expensive/

 

AGORACOM Welcomes Namaste Technologies (N: CSE) With $4.8M of Sales In Initial Year $N.ca

Posted by AGORACOM-JC at 10:38 AM on Monday, June 6th, 2016

Namastelarge_copy

N: CSE

  • #1 vaporizer distributor in Europe
  • $4.8 million of sales in initial year
  • Proprietary products ready for launch
  • Perfect market timing for expansion

  • On-line Retail Distribution
  • 30+ International Websites
  • 10 Languages
  • Proprietary Vaporizer Products
  • Strategic M&A

Regulation

  • Decriminalization of marijuana for medical and recreational use in US, Canada and Europe
  • Vaporizers have lower regulatory burden than growers

Health Advantages

  • Vaporizers proven to be healthier alternative to paper combustibles
  • Ability to vaporize key compounds

Technical Advances

  • Improved mobility from reduced size of vaporizers
  • Ability to handle liquids, resins and plant matters


Hub On AGORACOM / Corporate Profile / Read Release