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Namaste's CannMart Signs Supply Agreements with the Ontario & Saskatchewan Provincial Agencies

Namaste's CannMart Signs Supply Agreements with the Ontario & Saskatchewan Provincial ...

articleLifeist Wellness IncNovember 12, 20194/company/lifeist-wellness-inc/news/namastes-cannmart-signs-supply-agreements-with-the-ontario-and-saskatchewan-provincial-agencies
Namaste's CannMart Signs Supply Agreements with the Ontario & Saskatchewan Provincial Agencies

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[{"type":"text","content":"\n\n\n\nNamaste's CannMart Signs Supply Agreements with the Ontario & Saskatchewan Provincial Agencies\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\nNamaste's CannMart Signs Supply Agreements with the Ontario & Saskatchewan Provincial Agencies\nCanada NewsWire\nTORONTO, Nov. 12, 2019\n\n\n\n~CannMart expands provincial business channel with sights for more; B2B market is expected to continue growing as a result~\n TORONTO, Nov. 12, 2019 /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 announced that its wholly owned subsidiary, CannMart Inc., has entered into a supply agreement with the Ontario Cannabis Retail Corporation or OCRC operating as the Ontario Cannabis Store (\"OCS\"). The OCS is the sole legal online retailer and wholesaler for recreational cannabis for Canada's most populous province. In addition, CannMart has been registered with the Saskatchewan Liquor & Gaming Authority (\"SLGA\") allowing for the sale of cannabis products to permitted wholesalers in the Province of Saskatchewan.  This follows closely the recently announced purchase order with the Province of British Columbia for pre-rolled cannabis products.\n\n \n \n\n \n\"Working directly with the provincial governments represents a significant market opportunity for us,\" said Meni Morim, CEO of Namaste Technologies Inc. \"We look forward to being part of the value chain for OCS and SLGA as we expand our presence in this sector.\"\nNamaste is pursuing similar arrangements with provincial government agencies in an effort to further expand its customer base, leverage its unique license, streamlined purchasing process, and diverse product selection through one location. CannMart is Namaste's online 'everything cannabis store' which carries one of the largest selections of legal cannabis products from well regarded cannabis producers in Canada and around the world.\nIn addition, the Company has ent...

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