|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3923 - 0.4499|
|52 Week Range||0.3920 - 3.0490|
|Beta (3Y Monthly)||5.21|
|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.
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.
HENDERSON, NV / ACCESSWIRE / March 25, 2019 / While we all know about cannabis producers and CBD developers, ancillary cannabis plays are sometimes overlooked. That's too bad, because ancillary plays have ...
State legislators and lawmakers have seen the opportunities presented by supporting cannabis economies in their home states, and have advocated for legislation in favor of marijuana legalization. The past year has seen a major boom in terms of individuals who support the regulated cannabis industry, resulting in an exponential increase in persons looking to invest in the sector. Next Green Wave Holdings Inc (NXGWF) (NGW), MedMen Enterprises Inc (MMNFF), Namaste Technologies Inc (NXTTF), and HEXO Corp (NYSE American: HEXO) are 4 pot stocks worth keeping on your radar as we close out this week.
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.
CORAL GABLES, FL / ACCESSWIRE / March 7, 2019 / Marijuana stocks have had quite a solid couple of months thus far in 2019. As we’ve seen more lawmakers advocate for legislative changes in favor of cannabis legalization, the cannabis sector has responded favorably to the news. American Premium Water Corporation (OTC:HIPH), Namaste Technologies Inc (NXTTF), Innovative Industrial Properties Inc (IIPR), and Canopy Growth Corp (CGC) (WEED.TO) are 4 pot stocks bringing the heat on Thursday.
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 .
The value of the transaction is C$1.5 million ($1.12 million), Toronto-based Namaste said in a Wednesday press release. Choklat is one of a few makers of premium chocolate in Canada and the only bean-to-bar maker in Alberta.
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 .
CORAL GABLES, FL / ACCESSWIRE / March 4, 2019 / Typically, individuals who view the marijuana stock market tend to focus on cannabis companies perfuming at the top of the industry, but this methodology completely overlooks potential companies otherwise flying under the radar. In terms of specific companies worth looking into, the recent trend has surrounding those which are working to develop products with cannabidiol, either derived from marijuana or hemp. CLS Holdings USA Inc (OTC:CLSH), TILT Holdings Inc (SVVTF), 1933 Industries Inc (TGIFF), and Namaste Technologies Inc (NXTTF) are 4 marijuana stocks setting the pace on Monday.
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.
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.
TORONTO , Feb. 4, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) announced today that, following a recent expression of interest in the Company, the Board of Directors of the Company (the "Board") has launched a strategic review process to consider all value-maximizing alternatives. Namaste also announced that following an investigation by a Special Committee of the Board of Directors, the Board has terminated the employment of Sean Dollinger as Chief Executive Officer of the Company for cause and removed him from his position as Director, effective immediately. Meni Morim has been appointed Interim CEO of the Company.
VANCOUVER , Feb. 1, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) today announced an update to its previously announced intention to acquire UK based AF Trading Ltd. (operating as "Access Fulfillment" or "accessfulfilment.com"). Under the previously announced terms, Namaste's wholly-owned subsidiary, Namaste Bahamas Inc. ("Namaste Bahamas") expected to acquire all of the issued and outstanding shares of Access Fulfillment for US $5 million (CAD $6,550,000 ) which was intended to enable Namaste to retain Access Fulfillment to operate as Namaste's exclusive distribution center for CBD and cannabis products in the UK.
Back at its beginning, Amazon (NASDAQ:AMZN) was an online seller of books. That's it. Hard to remember those days, isn't it? Source: Shutterstock It still sells books, but it also sells much, much more. And in the process of growing into an online retail giant worth a staggering $800 billion, it also created one of the richest men on Earth. There may never be another Amazon. In fact, it is likely that there won't be another Amazon. But there are plenty of other fast-growing industries out there that offer companies the opportunity to dominate in a similar way. InvestorPlace - Stock Market News, Stock Advice & Trading Tips One of my favorites is the booming marijuana industry, which is on the verge of explosive growth as legalization spreads throughout the United States and even the whole world. The leading online retailer in marijuana stocks -- the "Amazon of Marijuana" if you will -- is Namaste Technologies (OTCMKTS:NXTTF). It's a $315 million company that operates 32 websites in 20 countries. Namaste considers itself "Your Everything Cannabis Store," offering vaporizers, glassware, cannabidiol (CBD) products, accessories, and more. ### Avenues for Growth for Marijuana Stocks and Namaste One reason I like this company is its wholly owned subsidiary CannMart, an online marketplace for medical cannabis that is sourced from various licensed producers. CannMart received the first no cultivation, sales-only license in Canada. * 10 Stocks to Sell in February Namaste also owns NamasteMD.com, an e-commerce platform that connects doctors with medical marijuana patients. A potential patient will fill out an application and have a video consultation with a doctor. If approved, the patient can receive their medical marijuana recommendation via email. Even more important is that same patient can have their prescription filled by CannMart and delivered to their home within two days. In the future, Namaste plans to incorporate its artificial intelligence (AI) technology into NamasteMD as well as its other business lines. Namaste currently has more than 1.5 million customers globally. Sales are expected to jump 69% to $18.6 million this year. The company's run rate (a month of sales annualized to a full-year number) should reach $100 million by this December, up more than 100% from the previous year. If the company can achieve that goal, the stock will be greatly undervalued compared to the rest of the cannabis industry. This is a strong business for several reasons, but I particularly like its diversity, ranging from e-commerce to medical marijuana to global telemedicine to AI. Those are some of the most cutting-edge industries of today. However, the stock has been under pressure the last few months following a short seller's unwarranted comments. It's a gift. That pressure has created an amazing opportunity to get into a well-established, global company. Over the long term, I can certainly see Namaste becoming the Amazon of marijuana stocks. If you'd like to learn more about Matt and profiting from the legalized marijuana trend, click here. Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy for the Rest of the Year * 10 Best Consumer Stocks to Buy in 2019 * 10 Triple-A Stocks to Buy in February Compare Brokers The post Where to Look for the Next Amazon appeared first on InvestorPlace.
VANCOUVER , Jan. 28, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) is pleased to report a critical step in the export of medicinal cannabis from Israel and its significance to the Company and its Israeli partner, Cannbit Ltd., ("Cannbit")(TASE:CPHO.M). The Israeli government has approved the export of medical cannabis, a significant milestone for the Company and its Israeli partner, Cannbit, as a late-stage applicant, GMP-certified producer of medical cannabis which is publicly listed on the Tel Aviv Stock Exchange.