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So NXTTF here is buying a sales licence to sell cannabis.
With this they can buy strains from producing LP's and sell to their huge list of customers...smart
Namaste Enters Into Non-Binding LOI With CannMart, a Late Stage ACMPR Applicant
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 21, 2017) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(CSE:N.CN)(FRANKFURT:M5BQ)(OTCQB:NXTTF) is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") with Cannmart Inc. ("CannMart") whereby Namaste will purchase all of the issued and outstanding shares in the capital of CannMart, a late stage applicant under the Access to Cannabis for Medical Purposes Regulations (the "ACMPR") (the "Contemplated Transaction"). In 2014, CannMart submitted its application to become a "sales only" licensed producer of medical cannabis (the "ACMPR Application").
The Contemplated Transaction represents a significant strategic maneuver by Namaste in advance of the potential legalization and regulation of cannabis in Canada. The strategic rationale for the Contemplated Transaction includes:
Represents a logical expansion of the product portfolio and generates additional recurring revenue streams from existing and new customers throughout Canada.
Creates a one-stop shopping platform for Canadian cannabis consumers;
Aligns with Namaste's e-commerce capabilities and dataset of over 50,000 individuals in Canada, which represents a significant competitive advantage in terms of becoming one of the leading online retailers of cannabis;
Complements Namaste's distribution expertise and relationships with the location of CannMart's proposed facility enabling same day delivery in the Greater Toronto Area and 24-hour delivery within Canada.
Namaste will seek to be the leading online retailer of cannabis in terms of fulfillment and customer service; and
Enhances the overall financial profile of the Company in terms of additional revenue and margin generation potential.
Attractive non-cash purchase price based on comparable public companies within the industry.
CannMart's ACMPR Application
CannMart's ACMPR Application and proposed business model are unique in the industry as CannMart has applied only to sell and not produce medical cannabis. Under this model and subject to obtaining a licence from Health Canada, CannMart would have the ability to purchase wholesale medical cannabis from other licensed producers and sell to individual patients in accordance with the ACMPR.
The ACMPR Application has completed the "security clearance" stage and is currently in the "review" stage of the licensing process.
CannMart's proposed facility is a 4,000 sq. ft. industrial building located in Etobicoke, Ontario (the "Facility"). Pursuant to the LOI, the Company will assume all of the going forward liabilities and obligations of CannMart, including the remaining build-out costs needed to prepare the Facility for the final stages of the licensing process and the pre-licensing inspection.
Terms of the Contemplated Transaction
Upon execution of the LOI, Namaste paid $50,000 (the "Initial Payment") in cash to CannMart's counsel, to be held in trust and released upon closing of the Contemplated Transaction. If Namaste does not provide CannMart with notice of completion of its due diligence within 30 days of the execution of the LOI, the Initial Payment will become non-refundable. The parties anticipate signing a definitive agreement in mid-late April.
Consideration for the Contemplated Transaction will be satisfied with common shares in the capital of the Company. A portion of common shares of the Company will be issued on closing of the Contemplated Transaction, and the remaining common shares of the Company will be issued upon the occurrence of certain milestones. The share price shall be the five-day trailing volume weighted average price prior to the day on which the Company announces the Contemplated Transaction, subject to compliance with all stock exchange and regulatory requirements.
Clarus Securities Inc. is acting as financial advisor to Namaste in connection with the Contemplated Transaction.
Conditions to Closing
Closing of the Contemplated Transaction is subject to the following:
Completion of a definitive share purchase agreement containing representations, warranties and covenants customary in a transaction of this nature;
Completion of all financial and legal due diligence;
Execution of an employment or consulting agreement with each of CannMart's existing team members for the purposes of the MMPR Application or longer;
Receipt of all director and shareholder approvals, if necessary, and requisite regulatory approvals of each party relating to the Contemplated Transaction;
Each of the current directors and officers of CannMart (other than as agreed to by Namaste) having delivered resignations and releases to CannMart; and
Such other documentation and closing conditions as are customary for transactions similar to the Contemplated Transaction.
Management Commentary
Mr. Sean Dollinger, President and CEO of Namaste, comments: "The acquisition of CannMart represents a significant strategic transaction for Namaste. One of the core competitive advantages of Namaste is the international customer list we have built, which enables us to enter markets with new product offerings and instantly generate revenues. The addition of consumables to our product offering in Canada is an excellent example of this competitive advantage and we see multiple opportunities to obtain additional licences in international jurisdictions where we have a strong customer foothold."
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger
Chief Executive Officer
NXTTF HALTED!
Breaking News: Top 10 Headlines From The Week
https://technical420.com/cannabis-article/breaking-news-top-10-headlines-week
Vinergy Resources (VIN.CN) (VNNYF) reported the development of a disruptive solvent based extraction system. The project is currently underway for an existing customer and is focused on improving the purity of medical products. The company plans to provide more information regarding this system in the coming weeks.
I wonder who the customer is...
''The project currently underway for an existing customer, utilizes an ethanol / CO2 co-solvent blend and specialized equipment to achieve medicinal products with significantly increased purity. The current iteration of the machine has the physical footprint of a standard shipping skid and incorporates safety and process control systems in one easy to use platform. ''
I know RTI is working with Aurora regarding Extraction and their market cap is now 94 million...
VIN market cap 22.... We should be a 5 bagger from here
Namaste Closes Acquisition of Australian Vaporizers
The acquisition of Australian Vaporizers adds significant revenue and solidifies Namaste's position as the largest online retailer of vaporizers in the world. Post consolidation, Namaste will control approximately 90% of the vaporizer online retail market in Australia.
During the last fiscal year ended June 30, 2016, Australian Vaporizers operated with a 45% gross margin and an EBITDA margin of 27%. The acquisition of Australian Vaporizers represents a 33% increase in Namaste's revenue. The table below is a summary P/L for Australian Vaporizers for fiscal years of 2013-2016.
Profit & Loss Account (AUD)1
Year ending
June 30 2013 2014 2015 2016
Sales 1,729,334 2,489,067 3,522,153 4,464,102
yoy growth 44% 42% 27%
COGS 974,467 1,565,565 2,064,309 2,463,315
Gross profit 754,867 923,502 1,457,844 2,000,787
gross margin 44% 37% 41% 45%
OPEX 393,482 495,802 694,503 816,405
EBITDA 361,385 427,700 763,341 1,184,382
EBITDA margin 21% 17% 22% 27%
Presentation Deck March 2017
https://issuu.com/nrn4/docs/vinergy-deck-2017-march
New website up and ready !!
http://mjbiopharma.com/
Vinergy Resources/Mj BioPharma VNNYF inks MOU with Namaste NXTTF
Vinergy Resources (VIN.C) added to its proposed acquisition of MJ BioPharma when the company announced today that it had entered into a Memorandum of Understanding (“MOU”) with Namaste Technologies (N.C) for the commercialization of proprietary Cannabidiol (“CBD”) extract formulations through Namaste’s retail websites in the United States.
According to the news release, Namaste will put MJ BioPharma’s extractions in front of over 300,000 unique visitors every month through its channels in California and Colorado. There is also a potential of expansion to other states.
If you’re looking for context, the 2017 Cannabis Industry Annual Report generated by New Frontier Data estimates that the U.S. legal cannabis market was worth $6.6 billion in 2016 and will grow to $24.1 billion by 2025 with a compound annual growth rate or CAGR of 16%.
And this forecast came after the announcement from the Trump administration that it would not support the spread of legalization on a recreational level.
But back to the matter at hand…
The Namaste deal could develop into something quite large, as the emerging leader in vaporizers and accessories has 26 ecommerce retail stores in 20 countries.
However, to really taste victory, MJ BioPharma needs to perform over the next 12 months and execute on these deals as well as develop its pipeline – that’s a tall order.
MJ BioPharma CEO, Kent Deuters, feels up to the task and expressed his thoughts on the MOU with Namaste, “We are excited and committed to working collaboratively with Namaste to bring to market our unique formulations. Namaste is an ideal partner based on their industry leading online presence and established customer base.”
Sean Dollinger, CEO of Namaste, added, “We are very pleased to work with Vinergy to further expand our product line. This relationship represents continued monetization of Namaste’s database and we view broadening our strategic alliances to the benefit of our customers and shareholders.”
Q&A with Namaste !! A must read
https://www.reddit.com/r/weedstocks/comments/5zdx8z/this_is_sean_ceo_of_namaste_technologies_ill_be/
PotStock’s On Watch
7. Vinergy (VIN.CN) (VNNYF) has been one of the most interesting and exciting stories to watch over the last six months and we see significant upside to current levels. The shares have fallen more than 33% in the last month and we find them to be attractive due to the number of catalysts for growth over the next year.
Huge news here !!! Follow me on Twitter: https://twitter.com/CUUVETTE350
Future Farm Subsidiary to Manage Cannabis Oil Extraction Facility
Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: AGSTF) is pleased to announce that its subsidiary, FFM Consulting Services, LLC, a California limited liability company, has entered into a management agreement with a California non-profit company. The non-profit has secured a sublicense to legally manufacture cannabis oil using a non-volatile method compliant under the Medical Marijuana Regulation And Safety Act ("MMRSA"), in South-eastern Los Angeles County, California.
The non-profit will produce highly pure cannabis concentrates to supply California's medical marijuana patients' rapidly growing demand for both THC and CBD oil. The company will also focus on increasing inventory and capacity as California prepares to create a market for legal recreational cannabis. FFM Consulting Services, LLC, which is majority owned by Future Farm Technologies, will manage the new state-of-the-art extraction facility.
California is the 6th largest economy in the world and according to ArcView Research the cannabis market in California is expected to reach US$6.5 billion by 2020.
"We're thrilled to have reached this major milestone for our emerging company and excited to have the opportunity to manage this extraction facility as it allows us to showcase our ability to expertly manage the production of consistent and pure concentrates," said Bill Gildea CEO of Future Farm Technologies. Cannabis concentrates and edibles are the largest and fastest growing segments of the cannabis market. The market is accelerating as consumers become more educated on the various oil infused products that can be produced, as well as how well they work. As consumers become more educated, they grow more interested in using oil as a flower alternative.
"Professional extraction and refinement equipment and procedures enable us to ensure product purity, safety, and dosage control that promises to be the most valuable link in the supply chain for the future of the cannabis industry," commented John Sweeney, COO of Future Farm Technologies.
Future Farm is also pleased to announce that due to a high level of interest from strategic investors they are offering $1,000,000 (units) in a non-brokered private placement. The Company will use the net proceeds for opportunistic acquisitions, and the continued rapid expansion of their business. The Company is offering each Unit at a price of $0.27 CDN per Unit. Each Unit is comprised of one common share of stock and one-half share purchase warrant that is exercisable at $0.37 CDN per common share for one-year with certain acceleration clauses.
Is CannaBiotech The Future?
http://marijuanastocks.com/13975/
Is CannaBiotech The Future?
http://marijuanastocks.com/13975/
Betting on BioTech
Companies to Watch
Some of the cannabis stocks levered to the biotech sector that investors should have on their radar include: GW Pharmaceuticals (GWPH), Insys Therapeutics (INSY), Zynerba Pharmaceuticals (ZYNE),Vinergy (VIN.CN) (VNNYF), Emblem Corp (EMC.V) (EMMBF), and InMed $IMLFF $IN
Betting on BioTech
Companies to Watch
Some of the cannabis stocks levered to the biotech sector that investors should have on their radar include: GW Pharmaceuticals (GWPH), Insys Therapeutics (INSY), Zynerba Pharmaceuticals (ZYNE),Vinergy (VIN.CN) (VNNYF), Emblem Corp (EMC.V) (EMMBF), and InMed $IMLFF $IN
Vinergy Resources/MJ BioPharma with Namaste Technologies
Wow...I love Namaste (NXTTF), they also work with Canopy http://www.newswire.ca/news-releases/canopy-growth-announces-mou-with-namaste-technologies-614347243.html
Vinergy Resources/MJ BioPharma Announces Memorandum of Understanding with Namaste Technologies Inc.
http://www.marketwired.com/press-release/vinergy-resources-mj-biopharma-announces-memorandum-understanding-with-namaste-technologies-cse-vin-2202673.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 14, 2017) - Vinergy Resources Ltd. ("Vinergy" or the "Company") (CSE:VIN)(CSE:VIN.CN)(OTCQB:VNNYF) in conjunction with its proposed acquisition of MJ Biopharma (announced December 14, 2016) is pleased to announce it has signed a Memorandum of Understanding (MOU) with Namaste Technologies Inc. ("Namaste") to commercialize proprietary Cannabidiol (CBD) extract formulations through Namaste's retail websites in the United States.
In the first phase of the collaboration, through channels in California, Colorado and potentially other States, the Company will distribute proprietary formulations to Namaste's over 300,0000 unique visitors per month.
"We are excited and committed to working collaboratively with Namaste to bring to market our unique formulations. Namaste is an ideal partner based on their industry leading online presence and established customer base," said Mr. Kent Deuters, CEO of MJ Biopharma.
"We are very pleased to work with Vinergy to further expand our product line. This relationship represents continued monetization of Namaste's database and we view broadening our strategic alliances to the benefit of our customers and shareholders," said Mr. Sean Dollinger, CEO of Namaste.
====
For those who don't know Namaste NXTTF read this,Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. :
http://www.stockhouse.com/companies/bullboard/c.n/namaste-technologies-inc?postid=25924460
Follow me on Twitter: https://twitter.com/CUUVETTE350
Namaste Signs MOU With Vinergy (VNNYF)
http://www.marketwired.com/press-release/namaste-signs-mou-with-vinergy-cse-n-2202674.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 14, 2017) - Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(CSE:N.CN)(OTCQB:NXTTF)(FRANKFURT:M5BQ) is pleased to announce that it has entered a memorandum of understanding ("MOU") with Vinergy Resources Ltd. ("Vinergy"), to jointly market Vinergy's proprietary Cannabidiol (CBD) extract formulations through referral traffic generated on Namaste's sales channels and websites.
In the first phase of the collaboration, through channels in California, Colorado and potentially other legal States, Namaste will market Vinergy's proprietary formulations to consumers in its database of 300,000 customers.
Management Commentary
Mr. Sean Dollinger, President and CEO of Namaste, comments: "We are very pleased to work with Vinergy to further expand our product line. This relationship represents continued monetization of Namaste's database and we view broadening our strategic alliances to the benefit of our customers and shareholders".
====
For those that don't know Vinergy, well they just got the Bacardi chairman (RUM) on their board.
Vinergy Resources/MJ BioPharma Appoints Mr. Facundo Bacardi to Board of Directors
http://www.marketwired.com/press-release/vinergy-resources-mj-biopharma-appoints-mr-facundo-bacardi-to-board-of-directors-cse-vin-2201737.htm
Also, on Feb 14, 2017, VNNYF announced a Technological Breakthrough in their Oral Cannabinoid Strip and Time Release Capsule technologies.
Also, on Feb 22, 2017, VNNYF announced that it will acquire a 65% interest in a Health Canada and FDA Licensed Laboratory (Biolennia Laboratories) to Pursue Drug Testing and Dosage of CBDs, THC and Terpenes.
Follo wme on Twitter: https://twitter.com/CUUVETTE350
More proof we have the Bacardi Chairman !
Here's another proof:
[url=http://www.4-traders.com/business-leaders/Facundo-Bacard-0B149S-E/biography/]http://www.4-traders.com/business-leaders/Facundo-Bacard-0B149S-E/biography/[/url]
Mr. Facundo I. Bacardí is Chairman at Bacardi & Co. Ltd., Chairman at Bacardi Ltd., an Advisor at Noro-Moseley Partners, a Managing Director at Apache Capital LLC, and a Member at State Bar of Georgia.
He is on the Board of Directors at Evergreen-Agra, Inc., Global Arena Holding, Inc., Federal Reserve Bank of Atlanta (Miami Branch), Emory University, and The Facundo & Amalia Bacardi Foundation, Inc.
Mr. Bacardí was previously employed as Chairman & President by Nations Flooring, Inc. and a Director & Executive Officer by Bacardi Martini Do Brasil Indústria e Comércio Ltda.
He also served on the board at Cazador Acquisition Corp. Ltd., JSM Capital Holding Corp., The Northwestern Mutual Life Insurance Co., CTA Industries, Inc., and Grupo de Inversiones Suramericana SA.
Mr. Bacardí received his undergraduate degree from American University, an undergraduate degree from Babson College, and a graduate degree from the Emory University School of Law.
Wrong ! We have the chairman !
Plublic info:
Mr. Facundo L. Bacardi is Independent Director of the company. Mr. Bacardi is a current shareholder and member of the family that owns and controls Bacardi Ltd., a worldwide liquor manufacturer and distributor. From 1979 to 1991, he was in charge of Bacardi’s manufacturing and distribution division for Nassau, Brazil, Trinidad and Central America. Currently, Mr. Bacardi serves as a director of Suramericana de Inversiones, S.A., an investment company located in Panama, and has served in that capacity since 1990. Mr. Bacardi is a founding shareholder of JSM Capital Holding Corp., a significant shareholder of the Company.
Source Global Arena Holdings
http://www.reuters.com/finance/stocks/companyOfficers?symbol=GAHC.PK
Facundo L. Bacardi
https://www.bacardilimited.com/our-company/board-of-directors/
Info in News release:
n investment company located in Panama. He is a founding shareholder of JSM Capital Holding Corp., a shareholder and director of Global Arena Holdings Inc
Take a moment to connect the dots!! VNNYF Recap....
So Vinergy/MJ Biopharma has:
The Products:
manufacturing breath strips;
time release capsules;
extract oils;
food products and infused juices, teas, coffee and extract drinks;
pharmaceutical grade delivery systems;
The Burst Tech
The unique system for cannabinoid activation maintains the natural balance of THC, CBD, CBN and terpenes while preserving the maximum therapeutic effect and potentially delivering it to the body faster than any currently available delivery method.
This novel approach will be the basis for several products where water or saliva is the catalyst used to activate the carrier for delivery and absorption of the cannabinoid complex into the body.
The Experts:
John Simon: He has been directly involved in U.S. Food and Drug Administration (FDA) and Health Canada audits of medical device manufacturers, drug manufacturers, testing facilities and clinical sites. He has experience with submissions to the FDA and Health Canada.
Dr Panenka: Dr. Panenka is one of only two specialists in Western Canada with a unique dual certification from the College of Physicians and Surgeons of Canada in both the specialties of neurology and psychiatry.
The Health Canada and FDA Licensed Laboratory : Biolennia has in-house expertise in methods accepted by Health Canada and the Federal Drug Administration (FDA) for determining purity and quality of many of the materials and methods used in validating cannabis and or testing cannabis products. Biolennia brings a highly talented team of Microbiologists who are familiar with testing high purity water, ethanol, ethyl acetate, propylene glycol, xylitol, glycerine, propandiaol, d-limonene, myrcene, and beta caryophelline.
The Bacardi family! : Mr. Bacardi is a member of the family that owns and controls Bacardi Ltd., a worldwide liquor manufacturer and distributor. "We are excited to have someone of Mr. Bacardi's calibre and pedigree join our team. We look forward to working closely with him on our strategy to roll out products and technologies internationally," said Mr. Kent Deuters, CEO of MJ Biopharma.
Mr. Bacardi, said: "I am happy to be joining the team at Vinergy and helping them move the business forward in the cannabis industry. Given my life-long experience in the spirits industry I see several areas in which I can add immediate value for the Company."
Whats next.....
Follo wme on Twitter: https://twitter.com/CUUVETTE350
Namaste Closes $11,338,000 Bought Deal Private Placement !!
$N $NXTTF Namaste Closes $11,338,000 Bought Deal Private Placement https://t.co/2LHyG1I2Qe
— CapitalGains (@CUUVETTE350) March 9, 2017
Wolf of weed street likes news..
Wait... #Bacardi family joined BOD of $vin $vnnyf they are massive land owners & have insane distribution ability🕵 https://t.co/35Hw8sQdwf
— Jason Spatafora (@WolfOfWeedST) March 9, 2017
#Breaking #Potstock news https://t.co/WAUSJSLhXu $Vnnyf $VIN need to connect some dots here.
— Jason Spatafora (@WolfOfWeedST) March 9, 2017
VNNYF + BACARDI !! #RUM #international distribution #Billionaire
Vinergy is the real deal folks !
Vinergy Resources/MJ BioPharma Appoints Mr. Facundo Bacardi to Board of Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 9, 2017) - Vinergy Resources Ltd. ("Vinergy" or the "Company") (CSE:VIN)(CSE:VIN.CN)(OTCQB:VNNYF) in conjunction with its proposed acquisition of MJ Biopharma (announced December 14, 2016) is pleased to announce it has appointed Mr. Facundo Bacardi to its Board of Directors effective immediately.
Mr. Bacardi is a member of the family that owns and controls Bacardi Ltd., a worldwide liquor manufacturer and distributor. From 1979 to 1991, he was the head of Bacardi's manufacturing and distribution division for Nassau, Brazil, Trinidad and Central America. Since 1990, Mr. Bacardi has served as a Director of Suramericana de Inversiones, S.A., an investment company located in Panama. He is a founding shareholder of JSM Capital Holding Corp., a shareholder and Director of Global Arena Holdings, Inc. Mr. Bacardi is also on the Honorary Consul for the Bahamas in Panama.
"We are excited to have someone of Mr. Bacardi's calibre and pedigree join our team. We look forward to working closely with him on our strategy to roll out products and technologies internationally," said Mr. Kent Deuters, CEO of MJ Biopharma.
Mr. Bacardi, said: "I am happy to be joining the team at Vinergy and helping them move the business forward in the cannabis industry. Given my life-long experience in the spirits industry I see several areas in which I can add immediate value for the Company."
Mr. Bacardi has been granted 100,000 options priced at $0.60, subject to CSE approval.
If you like Australia, Canopy just signed a MOU with Namaste NXTTF and Namaste has 80%+ of the Australian market
Canopy Growth Announces MOU with Namaste Technologies
Namaste to Acquire Australian Vaporizers
Australian Vaporizers was founded in 2010 and has grown to become the largest online retailer of vaporizers in Australia. The company's website www.australianvaporizers.com.au has approximately 80% of the market share. The company's customer database has over 48,000 individuals that have made upwards of 77,000 orders during the lifespan of the company. For the period ended June 30, 2016, the company produced approximately $4.5 million of revenue and $1.1 million of EBITDA. Gross margins for the period were over 45%. The financial results for the period have been audited by Grant Thornton Australia Ltd.
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So what's the fully diluted share count of Canopy, Aurora, Aphria.... How about market cap ?
And lets compare 2016 revenue with NXTTF....ohhh ouch !
Oh btw not to long ago, insiders ownership was about 60% of the shares
But you know what they say... When there's a Gold rush sell Picks and Shovels (pssst they make all the money)
Namaste is the 1 and only Global Marijuana Picks and Shovel play.... And who knows what else these out of the box thinkers have in store for us....
Follow me on Twitter: https://twitter.com/CUUVETTE350
FOLLOW ME ON TWITTER @CUUVETTE350
https://twitter.com/CUUVETTE350
Namaste Technologies Inc. (NXTTF) Positioned for Green Rush
http://www.smallcapnetwork.com/Trading-Alert-Namaste-Technologies-Inc-NXTTF-Positioned-for-Green-Rush/s/article/view/p/mid/7/id/2200/
Namaste Technologies (NXTTF) Hits Its Stride at the Perfect Time... When the Legalized Marijuana Movement Hits a Critical Mass
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-Hits-Its-Stride-at-the-Perfect-Time-When-the-Legalized-Marijuana-Movement-Hits-a-Critical-Mass/s/via/754/analysis/view/p/mid/1/id/80/
Cash in on Vaping and Vaporizers With This Small Cap
http://www.smallcapnetwork.com/Cash-in-on-Vaping-and-Vaporizers-With-This-Small-Cap/s/via/52883/article/view/p/mid/1/id/175/
Marijuana Won Big last Week. Now What? Answer: Namaste Technologies
http://www.smallcapnetwork.com/Marijuana-Won-Big-last-Week-Now-What-Answer-Namaste-Technologies-OTCMKTS-NXTTF-CNSX-N/s/via/1789/article/view/p/mid/2/id/264/
Namaste Technologies (NXTTF, N) eBay (EBAY) Listings for Vaporizers Could Light a Fire
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-N-eBay-EBAY-Listings-for-Vaporizers-Could-Light-a-Fire/s/via/10/article/view/p/mid/1/id/653/
Namaste Technologies (NXTTF, CNSX:N) Gets Green Light From eBay to List Vaporizers
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-Gets-Green-Light-From-eBay-to-List-Vaporizers/s/article/view/p/mid/7/id/2212/
Namaste Technologies (NXTTF, CNSX:N) is Well Ahead of Behemoth Philip Morris (PM) in This Race
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-is-Well-Ahead-of-Behemoth-Philip-Morris-PM-in-This-Race/s/via/10/article/view/p/mid/1/id/655/
Philip Morris seeks U.S. approval to market alternative cigarette
http://www.reuters.com/article/us-pmi-fda-idUSKBN13V2EP
Namaste Technologies (NXTTF, CNSX:N) Just Validated Its Business Plan... In Spades
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-Just-Validated-Its-Business-Plan-In-Spades/s/via/1789/article/view/p/mid/3/id/848/
Namaste Technologies (NXTTF) Just Proved All it Needed to Prove
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-Just-Proved-All-it-Needed-to-Prove/s/article/view/p/mid/7/id/2219/
Namaste Technologies (NXTTF, CNSX:N) to Benefit From This Surprising Weed-Lovin' Demographic
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-to-Benefit-From-This-Surprising-Weed-Lovin-Demographic/s/via/1789/article/view/p/mid/2/id/266/
Namaste Technologies (NXTTF, CNSX:N) is the "Too Obvious" Winner of the Rise of Marijuana
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-is-the-Too-Obvious-Winner-of-the-Rise-of-Marijuana/s/via/1789/article/view/p/mid/3/id/852/
A High Growth Cannabis Company Trading At Less Than One Times Sales
http://seekingalpha.com/instablog/9721001-ted-ohashi/4961268-high-growth-cannabis-company-trading-less-one-times-sales
Namaste Announces Record Monthly Sales of Over $1.0 Million and 1,308% Increase in Traffic
http://finance.yahoo.com/news/namaste-announces-record-monthly-sales-123900823.html
NAMASTE TO ACQUIRE AUSTRALIAN VAPORIZERS
the company produced approximately $4.5 million of revenue and $1.1 million of EBITDA
http://www.marketwired.com/press-release/namaste-acquire-australian-vaporizers-announces-60-million-bought-deal-financing-cse-n-2198387.htm
Canopy Growth Announces MOU with Namaste Technologies
http://www.newswire.ca/news-releases/canopy-growth-announces-mou-with-namaste-technologies-614347243.html
Namaste Technologies (N.C): Vapes, but real
https://equity.guru/2017/02/24/namaste-n-c-inks-mou-with-cannabis-giant-canopy-growth-corporation-weed-t/
Namaste (N.C) inks several deals, including Canopy partnership, as $10m financing closes
https://equity.guru/2017/02/24/namaste-n-c-inks-mou-with-cannabis-giant-canopy-growth-corporation-weed-t/
Not 7.5 but 10 million
NAMASTE ANNOUNCES FURTHER INCREASE TO BOUGHT DEAL OFFERING TO $10 MILLION
https://issuu.com/nrn4/docs/vinergy_deck_v3_2017-q1__1_
Can't help but notice page 4 and 6...
Zurich office Swiss Biopharma...interesting
New VNNYF slide deck presentation..
Has great info i was not aware of...
https://issuu.com/nrn4/docs/vinergy_deck_v3_2017-q1__1_
Namaste Approved to Trade on OTCQB
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 1, 2017) - Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(CSE:N.CN)(OTCQB:NXTTF)(FRANKFURT:M5BQ) is pleased to announce that further to its announcement on February 13, 2017, the Company has been approved by OTC Markets Group Inc. ("OTC Markets") to trade on the OTCQB Venture Market ("OTCQB") in the US. Canaccord Genuity Inc., as a market maker, has also received approval from FINRA to begin quoting the Company's common shares on the OTCQB.
The OTCQB, operated by OTC Markets, offers transparent US trading for early-stage and developing US and international companies. To be eligible, companies must be current in their reporting, undergo an annual verification and management certification process, and meet a $0.01 bid test.
Sean Dollinger, President and CEO of Namaste, comments: "We are very pleased to be approved by the OTC Markets and start our US investor awareness program in earnest. In the last year, we have developed significant US commercial operations and view being able to trade on the OTCQB as an important aspect of developing a following with US investors."
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market, and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger, Chief Executive Officer
Further information on the company and its products can be accessed through the link below:
Some Weekend reading on Namaste...
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Namaste Technologies Inc. (NXTTF) Positioned for Green Rush
http://www.smallcapnetwork.com/Trading-Alert-Namaste-Technologies-Inc-NXTTF-Positioned-for-Green-Rush/s/article/view/p/mid/7/id/2200/
Namaste Technologies (NXTTF) Hits Its Stride at the Perfect Time... When the Legalized Marijuana Movement Hits a Critical Mass
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-Hits-Its-Stride-at-the-Perfect-Time-When-the-Legalized-Marijuana-Movement-Hits-a-Critical-Mass/s/via/754/analysis/view/p/mid/1/id/80/
Cash in on Vaping and Vaporizers With This Small Cap
http://www.smallcapnetwork.com/Cash-in-on-Vaping-and-Vaporizers-With-This-Small-Cap/s/via/52883/article/view/p/mid/1/id/175/
Marijuana Won Big last Week. Now What? Answer: Namaste Technologies
http://www.smallcapnetwork.com/Marijuana-Won-Big-last-Week-Now-What-Answer-Namaste-Technologies-OTCMKTS-NXTTF-CNSX-N/s/via/1789/article/view/p/mid/2/id/264/
Namaste Technologies (NXTTF, N) eBay (EBAY) Listings for Vaporizers Could Light a Fire
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-N-eBay-EBAY-Listings-for-Vaporizers-Could-Light-a-Fire/s/via/10/article/view/p/mid/1/id/653/
Namaste Technologies (NXTTF, CNSX:N) Gets Green Light From eBay to List Vaporizers
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-Gets-Green-Light-From-eBay-to-List-Vaporizers/s/article/view/p/mid/7/id/2212/
Namaste Announces Record Monthly Sales of Over $1.0 Million and 1,308% Increase in Traffic
Namaste Technologies (NXTTF, CNSX:N) is Well Ahead of Behemoth Philip Morris (PM) in This Race
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-is-Well-Ahead-of-Behemoth-Philip-Morris-PM-in-This-Race/s/via/10/article/view/p/mid/1/id/655/
Namaste Announces Record Monthly Sales of Over $1.0 Million and 1,308% Increase in Traffic
http://finance.yahoo.com/news/namaste-announces-record-monthly-sales-123900823.html
Namaste Technologies (NXTTF, CNSX:N) Just Validated Its Business Plan... In Spades
http://www.smallcapnetwork.com/Namaste-Technologies-NXTTF-CNSX-N-Just-Validated-Its-Business-Plan-In-Spades/s/via/1789/article/view/p/mid/3/id/848/
C.PARRY
Namaste Technologies (N.C): Vapes, but real
http://www.equity.guru/2016/11/28/namaste-technologies-n-c-vapes-real/
Namaste (N.C) inks several deals, including Canopy partnership, as $6m financing closes
Follow me on Twitter: @CUUVETTE350
A High Growth Cannabis Company Trading At Less Than One Times Sales
Follow me on Twitter: @CUUVETTE350
Corporate Update: Vinergy Resources $VNNYF
A Cannabis Biotech Execution Story
In a move in furtherance of the company’s plan to develop products for testing and identifying cannabinoid isolates for targeted therapeutic purposes, Vinergy Resources (VIN.CN: CSE) (VNNYF: OTC) acquired a majority interest in a specialty development laboratory.
This morning, Vinergy announced that it signed a binding letter of intent to acquire 65% of Biolennia Laboratories. The lab operates out of a secure location in Toronto alongside Micrylium, which manufactures products under agencies like the Food and Drug Administration (FDA) and Health Canada (HC).
Under the terms of the agreement, once the agreement is signed Biolennia will receive $260,000 CAD and 150,000 shares of Vinergy. The acquisition is expected to close during the first quarter and this should serve as a catalyst to shares.
What Does Biolennia Laboratories Do?
Biolennia Laboratories currently provides testing, research and development and quality control services on behalf of Micrlylium. The lab specifically focuses on Health Canada approved disinfectants and consumer products.
Biolennia is applying for a Dealer’s License from Health Canada and the issuance of this license will be a significant achievement since the company would be allowed to process cannabis for research and development purposes. The lab will also provide a host of drug testing services to support MJ BioPharma.
Biolennia has a proven track record of success when it comes to testing products for agencies like the FDA and Health Canada. The lab’s expertise in validating and testing cannabis products consistent with the methods accepted by these agencies will add a lot of value to the team that Vinergy has in place.
An Agreement With More Upside
Concurrently with this announcement, Vinergy terminated its letter of intent announced on February 2 nd to acquire up to 51% of a European plant breeder. The target company of this terminated agreement had $14+ million in annual sales and adjusted EBITDA $2+ million last year.
Although this deal is off the table for now, we think it was a good decision as there are number of synergies between this deal and last week’s development. Last week, Vinergy reported a breakthrough in while working on its oral cannabinoid delivery strips and time-release capsule technology.
Management is very excited about this breakthrough as it could become the basis for new technology and possibly a new product category where water or saliva is the catalyst used to activate the carrier for delivery and absorption of CBD in to the body.
The technology is called BURST due to the speed at which it can enhance the body’s absorption of various ingredients. The BURST system is built on natural botanical polymers delivering specialty processed high purity cannabinoids.
The patent pending technology allows for a more complete palatable drug delivery system that is effective and enhances the patient or user experience and can intensify flavors. When comparing the potential of this product while working with a lab as compared to a plant breeder, we see more upside working with the lab.
Outlook is Bright
Although we were favorable on the agreement with the European plant breeder, this development is significant and fits in well with the company’s business strategy. There is currently a large short position on VIN.CN and the combination of this announcement with the short position should cause the shares to spike significantly higher.
Vinergy has done a great job executing over the last few months and we believe the company is well positioned to capitalize on these developments. Continued execution will create significant value for shareholders and this is a stock that we will continue to monitor.
We highlighted Vinergy in late 2016 as a stock poised to rally and investors should have this one on their watch list. We encourage you to become a Technical420 Premium Member to learn more about this company and your opportunity!