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Namaste signs revenue-sharing agreement with Cannvas MedTech
Namaste signs revenue-sharing agreement with Cannvas MedTech Canada NewsWire VAN...
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[{"type":"text","content":"\n\n\n\nNamaste signs revenue-sharing agreement with Cannvas MedTech\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, Aug. 22, 2018\n\n\n\nVANCOUVER, Aug. 22, 2018 /CNW/ - Namaste Technologies Inc. (\"Namaste\" or the \"Company\") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that it has signed a definitive revenue sharing agreement (the \"Agreement\") with Cannvas MedTech Inc. (\"Cannvas\") (CSE: MTEC, FRA: 3CM), a leading cannabis business technology company, whereby the two companies will share revenue generated through co-branding and marketing efforts between Namaste's medical cannabis patient portal, NamasteMD (or \"NamasteMD.com\") and the Cannvas.me cannabis education platform.\"\n\n\n \n \n\n \nUnder the terms of the Agreement, Cannvas and Namaste will build and deploy technologies driving customer acquisition and value-added services between company platforms.  Both organizations will continue to explore other avenues to expand the partnership and enhance user experiences across their respective platforms.\n\nNamaste is the world's largest and most comprehensive cannabis-focused e-commerce platform with 32 sites in 20 countries and over 600,000 monthly visits to their e-commerce sites with a database of approximately 1.5 million users. The Company's fully integrated e-commerce network spans across the globe offering everything from CBD products to rolling papers and vaporizers. In Canada, Namaste has developed the country's first cannabis telemedicine app, available on iPhone and Android devices, allowing patients to connect to doctors or nurse practitioners for consultations within 15 minutes from sign-up. \n\nThe Agreement represents a strategic initiative whereby Namaste is partnering with a technology platform to drive new patient acquisition and create value for its partners. With the use of NamasteMD, the Cannvas.me educational platform will offer users convenient access to book medical cannabis consultations through NamasteMD, providing added value for an...