Namaste Technologies (TSXV:N,OTCMKTS:NXTTF) announced on Tuesday (November 12) its subsidiary, CannMart, entered into a supply agreement with the Ontario Cannabis Store (OCS) and has registered with the Saskatchewan Liquor & Gaming Authority (SLGA).
As quoted in the press release:
This follows closely the recently announced purchase order with the Province of British Columbia for pre-rolled cannabis products.
“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.”
Namaste 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.