Sunday 1 December 2019

Namaste Technologies Inc. Stock could make a comeback

Namaste Technologies Inc. is a Cannabis eCommerce and Tech Company. The Company can use Artificial Intelligence to assist patients and customers. The Company sells vaporizers and smoking paraphernalia in more than 20 countries. It has more than 30 websites. It has more than 1.5 million global customers. It is headquartered in Toronto, Ontario, Canada.

Namaste Technologies Inc. was founded in 2005. A lot of people nowadays think about the company although it is the Amazon of cannabis.

Findify is a wholly owned subsidiary of Namaste Technologies. It is an Artificial Intelligence company. It will be used to study the impacts of cannabis strains on medical patients.

Uppy Cannabis Journal is an app by Namaste Technologies. It is used to collect user data to feed into Findify.

NamasteMD is the company's online app that is approved by Health Canada. It provides access to medical cannabis consultations.

Cannmart is a wholly owned subsidiary of Namaste Technologies. It is an online marketplace.

Namaste Technologies Inc. Stock (CVE:N) has seen some big all-time highs like CAD$3.25 in January 2018 and CAD$3.41 in September 2018. The stock is down to CAD$0.34 at November 29, 2019. This is one of the low-priced pot stocks. Many pot stocks have decreased a lot in 2019. The North American Marijuana Index fell more than 50% over the past 6 months.

Namaste Technologies is also (OTCMKTS:NXTTF). In the past 6 months, NXTTF stock has plunged more than 40%. This is now one of the cheapest pot stocks on the market. Namaste is not the usual pot company that grows and sells marijuana. Instead, it is a marijuana e-commerce company.

The company is making efforts to work more with provinces such as Ontario and Saskatchewan to get more registrations and permits.

It's hard to say when Namaste Technologies Stock will make a comeback. There are many challenges ahead for this company. The growth potential exists for the company's e-commerce platform CannMart.

1 comment:

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