Business
Cannmart Signs Product Acquisition Agreement with Weed Me Inc.
Cannmart Signs Product Acquisition Agreement with Weed Me Inc. Canada NewsWire V...
About this update from Lifeist Wellness Inc
[{"type":"text","content":"\n\n\n\nCannmart Signs Product Acquisition Agreement with Weed Me Inc.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 23, 2018\n\n\n\nVANCOUVER, Nov. 23, 2018 /CNW/ - Namaste Technologies Inc. (\"Namaste\" or the \"Company\") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company's wholly-owned subsidiary, Cannmart Inc. (\"Cannmart\"), has signed a Product Acquisition Agreement (the \"Agreement\") with Weed Me Inc. (\"Weed Me\"), whereby Cannmart will purchase medical cannabis from Weed Me to offer in its online platform. \n\n \n \n\n \nSubject to the terms of the Agreement, Cannmart has placed its first order with Weed Me that includes a variety of pre-rolled products in several strains. By creating a unique offering of strains and products sourced from multiple producers, Cannmart offers medical patients more variety of high-quality cannabis products through a single platform. Cannmart has been focused on securing additional products, and in expanding its product categories to include pre-rolls. The Company looks forward to nurturing a long-term supply arrangement with Weed Me, and securing additional supply from their future production.\nThe Company's goal is for Cannmart to become the leading online marketplace for medical cannabis in Canada by offering the largest selection of product and in offering excellent customer service. With Namaste's technology and Cannmart's platform, the Company believes it is well-positioned to offer significant value as a sales-channel to a broad range of licensed producers across Canada. Namaste's management team is confident in its ability to set itself apart as a true innovator in the cannabis e-commerce space.\nManagement Commentary\nSean Dollinger, President, and CEO of Namaste comments: \"We're pleased to announce this Agreement with Weed Me. We've secured supply from their first production and will look forward to offering their product to our patients. By leveraging our technology platforms, expertise in e-commerce and incredible customer service, we intend o...