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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 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.

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

INTERVIEW: Namaste $N.ca Discusses Recording Breaking Revenues While Doing Business in Over 20 Countries #Vapes #Vaping

Posted by AGORACOM-JC at 3:38 PM on Friday, August 18th, 2017

Did you know Namaste $N.ca owns 26 e-commerce #Vaporizer stores in 20 countries #Vapes #Vaping

Posted by AGORACOM-JC at 10:48 AM on Wednesday, August 16th, 2017

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  • World’s Largest E-Commerce B2C Vaporizer Company
  • Monthly Sales of C$1.19M for July 2017
  • Aggressively expanding into manufacturing and wholesalingDistribution centers in North America, South America, Europe and Asia Pacific
  • Owns 26 e-commerce stores in 20 countries
  • Revenue for AUG 31 2018 expected $24.9 million

Namaste Announces July Sales of C$1.19M Representing 298% Year-on-Year Increase $N.ca

Posted by AGORACOM-JC at 8:10 AM on Tuesday, August 15th, 2017

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  • July 2017 unaudited sales as reported by the Company were CAD$1,196,971
  • 298% increase in July year-on-year sales

VANCOUVER, B.C., Aug. 15, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce July 2017 unaudited sales as reported by the Company (including shipping revenues and after discounts and refunds) were CAD$1,196,971 compared to CAD$300,773 in July 2016, representing a 298% increase in July year-on-year sales.

The table below displays a revenue breakdown for Namaste’s various sales channels. These figures represent a 298% monthly year-on-year increase in revenue. Reported revenues declined by 11% in July 2017 when compared with June 2017. This is expected as the summer period is typically soft. Analysis of the larger sites shows a 1% decline in July 2017 when compared with June 2017. Sales increased 20.7% year on year in July on an organic basis in constant currency.

Revenues – July 2017 (CAD$)
Namaste  469,009
EDIT  176,899
Australian Vaporizers  409,928
Green Vapes  11,363
Distribution Goods  92,586
Dropshipping  15,108
Channels  22,078
Total revenues      1,196,971

The table below outlines gross sales of the major sites operated by the Company. Revenues below do not include shipping revenues and are before discounts and refunds.

Selected operating data e-Commerce July 2017 in CAD$      
  traffic conversion         orders      basket price     gross revenues
Namaste  103,918 1.91%  1,985  $241  $478,786
Australian Vaporizers  47,903 3.92%  1,876  $212 $ 398,629
EDIT  260,459 0.86%  2,244  $89  $200,659
GreenVapes  3,183 1.60%  51  $205  $10,462
Total  415,463 1.48%  6,156  $177  $1,088,536

The conversion ratio of Namaste Vapes was 1.91% in July 2017. This compares with 1.96% in June 2017 and 1.76% in July 2016. Traffic consisted of 103,918 visitors in July 2017, representing a significant increase in comparison with 43,350 visitors in July 2016 and 94,139 visitors in June 2017.

The conversion ratio of EveryoneDoesit was 0.86% in July 2017. This compares with 0.87% in June 2017 and 1.05% in July 2016. Traffic consisted of 260,459 visitors in July 2017 repersenting an 11% decline in comparison with 292,423 visitors in July 2016 and a 5% increase in comparison with 247,717 visitors in June 2017. The EveryoneDoesit site was moved from Magento to the Shopify platform in the first quarter of 2017 which caused a slowdown in traffic. The trend shows that the lowest point in traffic was passed in April 2017 and the migration to Shopify has started to show results, hence the month on month increase.

The conversion ratio of Australian Vaporizers was 3.92% in July 2017. This compares with 4.50% in June 2017 and 4.52% in July 2016. Traffic consisted of 47,903 visitors in July 2017, a substantial increase in comparison with 33,420 visitors in July 2016 and 45,040 visitors in June 2017. We believe that the decline in conversion ratio is temporary as Australian Vaporizers moved to the Shopify platform last month. The transition to another platform typically disrupts traffic.

Issued and Outstanding Shares of the Company

During the month of July 2017, the issued and outstanding share amount increased by 822,667 common shares of the Company, resulting from the exercise of warrants.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to see this amazing year-on-year growth with Namaste showing such strong sales for the month of July which is typically one of the slowest months of the year. Our efforts in implementing machine learning technology and enhancements on our platform are very exciting. We expect to see continued growth going forward into 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.

 

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