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Namaste Technologies Advances USA Expansion Plans Leveraging VendorLink Technology via CannMart.com with Hemp Derived CBD in Collaboration with PeakBirch Logic
Namaste Technologies Advances USA Expansion Plans Leveraging VendorLink Technology via Ca...
About this update from Lifeist Wellness Inc
[{"type":"text","content":"\n \n \n \n Namaste Technologies Advances USA Expansion Plans Leveraging VendorLink Technology via CannMart.com with Hemp Derived CBD in Collaboration with PeakBirch Logic\n \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 Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Jan. 14, 2021\n \n /CNW/ -\n \n Namaste Technologies Inc. (\"Namaste\" or the \"Company\") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF\n \n ), a leading platform for cannabis products, accessories, and education, is pleased to announce, subject to Exchange approval, further expansion into the\n \n USA\n \n via CannMart.com with sales of hemp derived CBD. The Company looks forward to leveraging VendorLink, it's marketplace technology, in collaboration with PeakBirch Logic, Inc.\n \n \n \n \n \n \n \n \n \n The Company previously announced subject to Exchange approval, through an appropriate affiliate, the sale of accessories in the\n \n USA\n \n as permissible under state laws. The announcement of this further expansion in the\n \n USA\n \n underscores Namaste's intention to increase its total addressable market and exploration into other verticals as regulation evolves and other adjacent complementary market opportunities present themselves. The Company is targeting a go-live date for\n \n USA\n \n customers at CannMart.com by the end of this fiscal quarter.\n \n \n \"We first announced our 24 month collaboration arrangement with PeakBirch in September, 2020 including the possible development of business in the\n \n USA\n \n and we are delighted to see the first fruits of that collaboration today,\" said\n \n Meni Morim\n \n , CEO of Namaste. \"With the changing regulatory landscape improving in the\n \n USA\n \n , our recent announced proposed entry into the\n \n USA\n \n through the sale of accessories fulfilled by DankStop, and now this proposed entry into the U.S. hemp derived CBD market, we continue the execution of our strategy to position Namaste as a leading global cannabis company and look forward to building on this positive momentum. This development also further validates our inv...