- World’s Largest E-Commerce B2C Vaporizer Company
- Proforma 12 month trailing revenues $10M as Of August 31
- AUG 31 2017 expected $15.7 million / AUG 31 2018 $24.9 million
- EBITDA positive by Dec 31 2016
- Thanks to organic growth, acquisitions and joint ventures we will be discussing
- 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
- International ecommerce distribution
- Proprietary vaporizer products
- Targeting organic growth at 100% per year
- Sourcing accretive M & A transactions
- Unaudited 12 month trailing revenues were approximately C$3.2 million for the period ended August 31, 2016
- Gross profit margin of 53%
- In business since 2000
- Combined proforma unaudited 12 month trailing revenues of approximately C$10 million for the period ended August 31, 2016
- Total monthly site traffic of over 550,000 visitors
- Entered into two new strategic partnerships to expand its market presence as the leading e-commerce company focused on vaporizers and accessories
- Partnerships are with well-known online reviewer Sneaky Pete (SPV Enterprises LLC) and VaporTownUSA.com
- Partnerships are anticpated to enhance the overall revenue of Namaste through online video reviews, high quality links to the Namaste sites and expansion of sales channels internationally
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
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