Business
Namaste Provides COVID-19 Operational Update and Announces Agreement with Adastra Labs
Namaste Provides COVID-19 Operational Update and Announces Agreement with Adastra Labs ...
About this update from Lifeist Wellness Inc
[{"type":"text","content":"\n\n\n\nNamaste Provides COVID-19 Operational Update and Announces Agreement with Adastra Labs\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\nTORONTO, April 1, 2020\n\n\n\nTORONTO, April 1, 2020 /CNW/ - Namaste Technologies Inc. (\"Namaste\" or the \"Company\") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading online platform for cannabis products, accessories, and responsible education, today provides an update with respect to the impact from the COVID-19 virus outbreak on its current operations. \n\n \n \n \n \n \n \n\n \nOn March 23, 2020 the Ontario government announced non-essential services must close their doors due to the COVID-19 pandemic, however certain sectors of the economy including liquor and cannabis retail and wholesale operations have been deemed essential services and are permitted to operate. Other provincial governments have followed Ontario's lead and many online and retail cannabis stores remain open across Canada. Namaste's wholly owned subsidiary, CannMart Inc. (\"CannMart\") plays an important role within the Canadian cannabis supply chain and is committed to remain open to serve its online patients and B2B customers including provincial government stores. Where possible employees are working from home and others are adhering to strict operating procedures to safeguard the health and safety of staff to ensure operations remain unaffected. To date, there have been no known cases of COVID-19 at any of Namaste offices or facilities and there have been no operational disruptions.\n\"In these extraordinary times, our thoughts go out to those working the frontlines and those who have been touched by the coronavirus,\" said Meni Morim, CEO of Namaste Technologies. \"The health and safety of our people, patients and customers, business partners, investors and their communities are our top priority. We will continue to monitor the progress of COVID-19 developments and will act accordingly for the health and safety of all stakeholders.\"\nNamaste also announces its continuing effort to strengthen its business model with the addit...