|Bid||0.5500 x 0|
|Ask||0.5600 x 0|
|Day's Range||0.5500 - 0.5900|
|52 Week Range||0.5500 - 3.9500|
|Beta (3Y Monthly)||3.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TORONTO , April 15, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) is providing this bi-weekly default status report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). As previously announced, the Company applied for and was granted management cease trade orders in respect of the delayed Annual Filings (the "MCTO") by the British Columbia Securities Commission and the Ontario Securities Commission which prohibit the chief financial officer and the interim chief executive officer from trading in the Company's securities for so long as there are filings that are outstanding under applicable securities laws. The MCTO does not affect the ability of the general investing public to trade in the Company's listed common shares.
Khiron Life Sciences (TSXV: KHRN) (OTCQB: KHRNF), a Canada-based company looking to become a dominant integrated cannabis company in Latin America, has signed multi-channel distribution agreements for its Kuida cosmeceutical brand with Fedco and Linio, two consumer distribution channels for wellness and beauty products in Colombia. Abattis Bioceuticals (CSE: ATT) (OTC: ATTBF) said its 1185277 […]The post Cannabis Stock News Daily Roundup April 3 appeared first on Market Exclusive.
TORONTO , April 2, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) announces that its principal regulator, the British Columbia Securities Commission, has accepted the Company's application for, and has granted, a management cease trade order (the "MCTO"). As previously announced on March 18, 2019 , the application for the MCTO was made by the Company due to a delay in the filing of its audited annual financial statements for the fiscal year ended November 30, 2018 , the accompanying management's discussions and analysis and the related CEO and CFO certifications (collectively, the "Annual Filings") by the filing deadline of April 1, 2019 .
CORAL GABLES, FL / ACCESSWIRE / March 25, 2019 / The marijuana stock market has endured a whirlwind of volatility over the course of the last few years but in the first few months of 2019, companies in the cannabis sector have managed to stay strong through bearish periods of trading. It seems as though a significant portion of the changes taking place in the marijuana industry is directly connected to the recent push from the public who are insisting that lawmakers pass positive cannabis legislation. Whereas in the past cannabis was largely condemned, nowadays, consumers are well-versed in the potential health benefits of cannabis products, and the general feeling towards the cannabis sector is shifting in a positive direction.
TORONTO, March 18, 2019 /PRNewswire/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) wishes to announce the appointment of Baker Tilly WM LLP ("Baker Tilly") as its auditor. This follows Namaste's prior announcement on March 5, 2019 announcing the resignation of PricewaterhouseCoopers, LLP as its former auditor. The Company's audit committee and board have approved the appointment of Baker Tilly effective March 15, 2019. Baker Tilly is a full-service accounting, tax and advisory firm with offices in Vancouver and Toronto. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 147 territories, with 33,600 professionals.
TORONTO , March 13, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) today announced that it has completed the previously announced acquisition of 49% of the common shares of Toronto -based Pineapple Express Delivery Inc. ("Pineapple Express"). In June 2018 , the Company announced that it had entered into a subscription agreement to acquire 15% of the common shares of Pineapple for $1,000,000 which comprised of $850,000 in cash and $150,000 in Namaste common shares (the "Subscription Agreement").
Cannabis sales have been soaring since legalization in Canada but there's a lot more to come as the industry continues to change. Here are some of the hottest cannabis stocks right now that are positioning themselves to take advantage of the fast-growing retail market. Westleaf has been making a name for itself in the industry as it looks to become a dominant force in the retail market.
TORONTO , March 7, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) wishes to announce that Kiran Sidhu and Sefi Dollinger have resigned from the board of directors of Namaste Technologies Inc. to pursue other business interests. The Company thanks Kiran and Sefi for their service to the board in the past several years. The board of directors of the Company is now comprised of Laurens Feenstra , Branden Spikes and Kenneth Ngo .
TORONTO, March 6, 2019 /PRNewswire/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) today announced that it has entered into a share purchase agreement (the "Agreement") to acquire 49% of the issued and outstanding shares of Calgary, AB based Choklat Inc. for $1.5 million in cash consideration. As part of the acquisition, Namaste will be appointing a member to the Board of Choklat. Choklat is a premium chocolate manufacturer with existing sales through its online eCommerce site and through a network of distributors across Canada.
TORONTO , March 5, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) confirmed today that PricewaterhouseCoopers, LLP ("PwC") will no longer be acting as the Company's auditor. The Company's audit committee and board have accepted PwC's resignation and are in advanced discussions with potential successor auditors, one of whom is in the final stages of its client acceptance process. The filings required under Section 4.11(5) of National Instrument 51-102- Continuous Disclosure Obligations will be made publicly available at www.sedar.com. The Company's annual financial statements are due to be filed by March 31, 2019 .
Namaste Technologies (TSXV: N) (OTCMKTS: NXTTF) has reached a settlement with ousted CEO Sean Dollinger. Under the agreement, Dollinger will offer transition support to the company in an advisory role. As part of the arrangement, he won’t sue the company and has withdrawn his previously-announced legal application against the company. Further, Dollinger has agreed to […]The post Namaste Settles With Ousted CEO appeared first on Market Exclusive.
VANCOUVER , Feb. 19, 2019 /CNW/ - I am pleased to announce that Namaste Technologies, Inc. (TSXV.N) and I were able to put aside our differences in order to achieve an agreement that both parties believe is in the best interest of the Company's stakeholders. The last few weeks have been challenging for me personally and professionally and the terms of the agreement will allow me to continue working at the Company in a senior advisory role. Having dedicated years of hard work and energy to build Namaste alongside co-founder Kory Zelickson , I am proud of what we have achieved and I am looking forward to continuing my affiliation with the company and working within the industry.
TORONTO, Feb. 19, 2019 /PRNewswire/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) today is pleased to announce that it has reached a mutually agreed upon settlement with Sean Dollinger resulting in Mr. Dollinger entering into an advisory relationship with Namaste providing transition support to the Company to ensure the best interests of the business and stakeholders are met (the "Agreement"). Pursuant to the Agreement, Mr. Dollinger has withdrawn his previously announced legal application against the Company and has agreed to step down from all formal roles with the Company, including as a director, which will also enable him to spend more time with his young family and pursue other opportunities.
Cannabis firm AgraFlora Organics International (CSE: AGRA) (OTCPK: PUFXF) – formerly PUF Ventures – said that Natures Hemp Corp., a spin-off company from PUF Ventures that focuses on biotechnology and consumer products, has moved its hemp-based coffee creamer project to the second phase of the development process. The non-dairy coffee creamer will be made using […] The post Cannabis Stock News Daily Roundup February 5 appeared first on Market Exclusive.
U.S.-listed shares of Canadian medical cannabis company Namaste Technologies Inc.were down 16% Monday, after the company said it has fired its controversial chief executive for cause and started a formal review of its strategic options.
Namaste Technologies (OTCMKTS: NXTTF) has issued an update on its efforts to acquire UK-based AF Trading Ltd. which does business as Access Fulfillment. Namaste Bahamas is expected to acquire all of the issued and outstanding shares of Access Fulfillment for $5 million under the terms of the previously announced terms, Namaste said in a statement. […] The post Eyeing UK Cannabis Market, Namaste to Acquire AF Trading appeared first on Market Exclusive.