|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|Beta (3Y Monthly)||22.37|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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 Dollinger has withdrawn his previously announced legal application against the Company and has agreed to step down from all formal roles with the Company, including as a director,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.
VANCOUVER, Jan. 15, 2019 /PRNewswire/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) is pleased to announce that the Company has elected to exercise its right under the warrant indenture (the "Indenture") governing the common share purchase warrants of the Company issued October 30, 2017 and originally scheduled to expire on October 30, 2019 (the "October 2017 Warrants"). Pursuant to the terms of the Indenture, the Company may accelerate the expiry date of the October 2017 Warrants when the closing price of the common shares of the Company (the "Common Shares") exceeds $0.70 for a period for 10 consecutive trading days (the "Acceleration Event"). Namaste is pleased to confirm that an Acceleration Event occurred as of the close of market on January 14, 2019.
VANCOUVER , Jan. 11, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) today announced that it has entered into a consulting agreement with Incite Capital Markets ("Incite") to provide investor relations and communication services, subject to TSX Venture Exchange (the "Exchange") approval. The Company has selected the Incite Capital Markets to share Namaste's compelling story to brokers, analysts and portfolio managers globally.
CORAL GABLES, FL / ACCESSWIRE / January 11,2019 / The marijuana industry has been anything but safe over the course of the past year to two years, during the course of which top players in the industry saw huge boosts in investor interest. ), OrganiGram Holdings Inc (OGRMF) (OGI.V), Namaste Technologies Inc (NXTTF), and GW Pharmaceuticals Plc (GWPH) are 4 pot stocks that could make moves on Friday. The Company has been referred to as the "Priceline of Pot" by several sources, and similarly to the site which provides travel deals, Leafbuyer is the most comprehensive online source for cannabis deals and specials.
CORAL GABLES, FL / ACCESSWIRE / January 10, 2019 / The cannabis industry has been booming for over a year at this point. With the recent increase in capital and sheer amount businesses entering the market, the nascent sector has seen unprecedented growth in marijuana stocks. As public opinion surrounding cannabis becomes increasingly more favorable, the marijuana industry may begin to present an appealing opportunity for investors looking into space. ParcelPal Technology Inc (PTNYF) (PKG), Acreage Holdings Inc (ACRGF), Canopy Growth Corp (CGC) (WEED.TO), and Namaste Technologies Inc (NXTTF) are 4 pot stocks that could make moves on Thursday.
CORAL GABLES, FL / ACCESSWIRE / January 9, 2019 / The marijuana industry has been anything but safe over the course of the past year to two years, during the course of which top players in the industry saw huge boosts in investor interest. With the new year in full swing, Leafbuyer Technologies Inc (OTC:LBUY), Namaste Technologies Inc (NXTTF), Terra Tech Corp, and CannTrust Holdings Inc (OTC PINK: CNTTF) (TRST) are 4 pot stocks that could make moves on Wednesday. Leafbuyer Technologies Inc (OTC:LBUY) is a company you may not have heard of, but could greatly benefit from looking into.
American Premium Water Corporation (HIPH), Charlotte's Web Holdings Inc (CWBHF), Cronos Group Inc (CRON)(CRON), and Namaste Technologies Inc (NXTTF) are 4 pot stocks that are bringing the heat. American Premium Water Corporation (HIPH) is a company you may not have heard of but could benefit from taking a look at. The Company is a luxury consumer products corporation invested in discovering different use cases for the molecular potential of hydrogen, as well as nanotechnologies, in congruence with cannabidiol (CBD) to optimize product offerings to treat health disorders and enhance the quality of life for consumers.
CORAL GABLES, FL/ ACCESSWIRE / January 3,2019 / The way people receive health care, including how the medical field continues its integration of medical marijuana, is evolving. Premier Health Group (PHGRF) (PHGI), Namaste Technologies Inc (NXTTF) (N), MedMen Enterprises Inc (MMNFF), and HEXO Corp (OTC PINK: HYYDF) represent 4 pot stocks that are heating up on Thursday. Premier Health Group (PHGRF) (PHGI) saw impressive gains in the month of December, as the Company's shares hit highs of 0.80 to mark a move of more than 30% over the course of the 30-day period.
VANCOUVER , Dec. 19, 2018 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) is providing a corporate update which includes the appointment of Neil Kothari as the Company's Chief Legal Officer (CLO), the resignation of Fern Glowinsky from the board of directors and appointment of Kenneth Ngo (the Company's CFO) to fill her vacancy on the board of directors (the "Appointments"). In addition, the Company is pleased to announce that Meni Morim has agreed to act as the Company's first Chief Product Officer (CPO) subject to board approval. The Company is announcing these new appointments to allow it to focus on the information technology infrastructure to support its broad product base and to add a stronger emphasis on governance and legal risk management across the organization.
CALGARY , Dec. 17, 2018 /CNW/ - RMMI Corp. ("RMMI" or the "Company") (CSE: RMMI) is pleased to provide an update on the renovation of its Newell facility and related activities. Interior demolition of the main building commenced at the beginning of December and is expected to be completed before December 25 , 2018. Reconstruction and renovation of the building will commence immediately thereafter and is targeted for completion in Q2 2019. The Company's 23,400 square foot main facility will be capable of supplying the Canadian market with a wide range of cannabis products. The Company believes that with robust environmental controls, full-spectrum controllable LED lighting and precise irrigation control, the Company will be able to produce the highest quality plants while reducing crop risk. Each growing room will be configured with a wide array of sensors to allow the Company to collect real-time data on growing conditions and climate and continually improve its results. These systems will allow each room to maintain accurate environmental setpoints for conditions such as humidity and temperature and adjust to variations in internal and external conditions. The facility is designed to maximize the genetic potential of each strain for terpene profile, flower quality and yield.
VANCOUVER , Dec. 17, 2018 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) is pleased to announce that the Company has entered into a share purchase agreement (the "Agreement") to acquire common shares in Pineapple Express Delivery Inc. ("Pineapple Express") and an affiliated entity, representing an additional 34% equity in exchange for such number of common shares of Namaste having an aggregate value of approximately $3.06 Million (the "Transaction"). Upon completion of the Transaction, Namaste will own 49% of the outstanding common shares of Pineapple Express.
AgraFlora Organics Provides Additional Information to Supply Agreement with Namaste Technologies
VANCOUVER , Dec. 13, 2018 /CNW/ - AgraFlora Organics International Inc. (formerly PUF Ventures Inc.) ("AgraFlora Organics" or the "Company") (CSE: AGRA) (PU31.F) (PUFXF), a growth oriented and diversified international cannabis company, is pleased to announce it has signed an agreement (the "Agreement") with Namaste Technologies Inc.'s ("Namaste") (TSXV:N.V) (M5BQ.F) (NXTTF) wholly-owned subsidiary, Cannmart Inc. ("Cannmart"), where Cannmart may purchase medical cannabis products from AgraFlora's Propagation Services Canada (PSC) greenhouse operations in Delta, BC , subject to approval of its cultivation and sales licenses by Health Canada. In October 2018 , AgraFlora's majority-owned subsidiary, AAA Heidelberg, received a license to produce under Health Canada's Access to Cannabis for Medical Purposes Regulations for its facility in London, ON .
VANCOUVER , Dec. 13, 2018 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV:N.V) (M5BQ.F) (NXTTF) is pleased to announce that the Company's wholly-owned subsidiary, Cannmart Inc. ("Cannmart") has signed an agreement (the "Agreement") with AgraFlora Organic International Inc. ("AgraFlora"), whereby Cannmart may purchase medical cannabis products from AgraFlora's Propagation Services Canada (PSC) greenhouse operations in Delta, BC , subject to approval of its cultivation and sales licenses by Health Canada. In October 2018 , AgraFlora's majority-owned subsidiary, AAA Heidelberg, received a license to produce under Health Canada's Access to Cannabis for Medical Purposes Regulations for its facility in London, ON .