|Bid||0.7200 x 0|
|Ask||0.7300 x 0|
|Day's Range||0.6700 - 0.7400|
|52 Week Range||0.6200 - 3.9500|
|Beta (3Y Monthly)||15.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
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.
Cannabis News Delta 9 Cannabis (OTCMKTS:VRNDF) inked a master license agreement with NanoSphere Health Sciences and its Canadian subsidiary NanoSphere Cannabis International. The agreement gives an exclusive license to Delta 9 in Canada to manufacture and sell products made with Nanosphere's patented technology for the delivery of cannabinoids via nanoparticle technology. Green Organic Dutchman Holdings […] The post Cannabis Stock News Daily Roundup January 29 appeared first on Market Exclusive.
In fact, cannabis' presence can already be seen in beverages, alcohol, sports drinks, pharmaceuticals, tobacco, and the $4.2 trillion wellness industry are being transformed nearly overnight. Nowadays, CBD is being incorporate into sunscreen protection, too.