Wednesday, 26 February 2020

Namaste Technologies Inc. Stock gained in January after Choklat announcement


Namaste Technologies Inc. is a massive Cannabis eCommerce and Tech Company. A lot of people nowadays think about the company although it is the Amazon of cannabis.

This month, the company announced that CannMart Inc, Namaste’s wholly-owned subsidiary, is all set to add premium cannabis to its offerings. The premium cannabis brand is Kief Cannabis Co. Namaste Technologies has a minority stake in the craft cannabis firm and also has some purchasing rights. Kief was awarded its license from Health Canada recently. Its premium quality leaf cannabis products are going to be offered to CannMart’s medical cannabis customers.

In January, Namaste Technologies became one of the best performing cannabis stocks, after it rallied by as much as 88%. The good performance in January is because of the Choklat situation. Namaste has a 49% stake in Choklat. In January, it was announced that Choklat had been awarded the necessary license from Health Canada. This would allow it to produce cannabis chocolates and cannabis-infused drink mixes.

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. This is certainly one of the low-priced pot stocks. Many pot stocks have decreased a lot in 2019.

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

It's difficult 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.




Namaste Technologies is a large Cannabis eCommerce and a marijuana related tech company. Artificial intelligence is used to assist patients and customers, and conduct business selling vaporizers and smoking paraphernalia in 20+ countries. It has 30+ websites and currently has over 1.5 million global customers. The CEO is Meni Morim (From Aug. 26, 2019). The headquarters are in Toronto. The company was founded in 2005. The founders of the company are Sean E. Dollinger and Kory Zelickson. The main company website is namastetechnologies.com

Namaste Stock (Namaste Technologies Inc.) is (TSXV:N.V) (M5BQ.F) (OTCMKTS: NXTTF)

Here are the Namaste Subsidiaries:

CannMart Inc. (Cannmart is a wholly owned subsidiary of Namaste Technologies. It is an online marketplace.)

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

Findify AB (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.)

VapeBr

URT1 Limited

Namaste Bahamas Inc.

VaporSeller

Australian Vaporizers Pty Ltd.

GreenRush Analytical Laboratories Inc.

Infinite Labz Inc.










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