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Namaste enters into distribution agreement with Lowell Herb Co California's fastest growing cannabis brand to penetrate the Canadian recreational market
Namaste enters into distribution agreement with Lowell Herb Co California's fastest growin...
About this update from Lifeist Wellness Inc
[{"type":"text","content":"\n\n\n\nNamaste enters into distribution agreement with Lowell Herb Co California's fastest growing cannabis brand to penetrate the Canadian recreational market\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, June 6, 2018\n\n\n\nVANCOUVER, June 6, 2018 /CNW/ - Namaste Technologies Inc. (\"Namaste\" or the \"Company\") (TSXV: N)(FRA: M5BQ)(OTCMKTS: NXTTF) is pleased to announce that the Company has signed a supply and distribution agreement (the \"Agreement\") with Lowell Herb Co. (\"Lowell Smokes\" or \"lowellsmokes.com\") to launch Lowell Smokes brand of ultra-premium cannabis products for the Canadian recreational and medical cannabis markets. In anticipation of Canada's roll-out of legal recreational cannabis, the Agreement represents a strategic partnership between Namaste and Lowell Smokes to leverage Namaste's resources and Lowell's international brand appeal. Namaste will work with Lowell Smoke's procurement team to source the highest quality cannabis grown with organic methods and facilitate packaging and distribution through the Company's wholly-owned subsidiary, Cannmart Inc. (\"Cannmart\"). Namaste anticipates a strong demand for organic cannabis products as the general consumer market becomes more conscious of the products they consume.\n\n\n \n \n\n \nCalifornia is considered by many to be the most competitive cannabis brand market in the world. Lowell Smokes has established itself as one of the strongest brand names in California and within the entertainment industry and its ties to Hollywood have played a key role in supporting the brand and making it ideally suited for international expansion. In a recent BDS Analytics report, Lowell Smokes ranked as the #1 pre-roll brand in California amongst over 50 other brands listed, with an impressive 12% market share. Lowell Smokes is in over 250 top dispensaries across the entire state of California. With celebrities like N.O.R.E, Snoop Dogg, Jimmy Kimmel, Sarah Silverman, Bella Thorne, Bria Vinaite, Sasha Lane and dozens of others talking about the brand and posting content on s...