Namaste Adds US Based Ignite International Brands Ltd. to CannMart.com

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[{"type":"text","content":"\n\n\n\nNamaste Adds US Based Ignite International Brands Ltd. to CannMart.com\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, March 2, 2020\n\n\n\n~Ignite and CannMart announce the launch of Ignite Branded Cannabis and Cannabis 2.0 offerings and accessories in the Canadian marketplace~\n TORONTO, March 2, 2020 /CNW/ - Namaste Technologies Inc. (\"Namaste\" or the \"Company\") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading platform for cannabis products, accessories, and education, today announced that its wholly owned subsidiary, CannMart Inc. (\"CannMart\"), has executed a licensing agreement (the \"Agreement\") with IGNITE International Brands, Ltd. (\"IGNITE\") (CSE: BILZ) (OTCQX: BILZF). The Agreement grants CannMart a licence to use certain IGNITE brand trademarks on legal cannabis-based products (the \"IGNITE Products\") in consideration for certain royalty payments. \n\n \n \n \n \n \n \n\n \nPursuant to the Agreement, CannMart will work with IGNITE's quality control and product development teams to source premium inputs, including flower and Cannabis 2.0 offerings, from Canadian craft cannabis producers for the IGNITE Products. Under the Agreement, CannMart assumes all functions associated with procurement, processing, and packaging of the IGNITE Products in its Health Canada-licenced processing facility. In addition, CannMart will oversee the sale and distribution of the IGNITE Products in Canada, leveraging its Canadian trade channels. Pursuant to the Agreement, IGNITE will, on behalf of CannMart, market the IGNITE Products in Canada.\n\"The IGNITE team remains committed to delivering cannabis products to every market we target. We firmly believe working with CannMart will provide quality product offerings and a quicker route to market given CannMart's competencies,\" said IGNITE CEO, Dan Bilzerian. \"The IGNITE philosophy aligns with CannMart's passion to deliver innovative products through its global distribution channels.\"\n\"CannMart delivers a unique value-added proposition to bra...

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