Namaste Technologies announced a new supply and distribution agreement with Lowell Herb Co., a California based brand, to launch its premium cannabis products on the Canadian market.
Namaste Technologies (TSXV:N; OTCMKTS:NXTTF) announced a new supply and distribution agreement with Lowell Herb Co., a California based brand, to launch its premium cannabis products on the Canadian market.
As quoted in the press release:
[T]he Agreement represents a strategic partnership between Namaste and Lowell Smokes to leverage Namaste’s resources and Lowell’s international brand appeal. Namaste will work with Lowell Smoke’s procurement team to source the highest quality cannabis grown with organic methods and facilitate packaging and distribution through the Company’s wholly-owned subsidiary, Cannmart Inc. (“Cannmart”). Namaste anticipates a strong demand for organic cannabis products as the general consumer market becomes more conscious of the products they consume.
MANAGEMENT COMMENTARY
Sean Dollinger, President and CEO of Namaste Technologies comments; “We believe the strength of the Lowell Smokes brand makes it a perfect brand to be distributed globally. We have seen the sales data in California, the largest and most competitive market in the US, and it’s clear that customers love and adore the Lowell brand. We feel confident that the market for organic cannabis products will play an important role for Canadian consumers and that the timing is perfect for Namaste to not only help the team at Lowell take advantage of the opportunity in Canada but also to help them explore the international marketplace.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1924.85 | -3.54 | |
Silver | 23.69 | +0.06 | |
Copper | 4.20 | -0.03 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 79.31 | -0.37 | |
Heating Oil | 3.20 | +0.02 | |
Natural Gas | 2.69 | -0.15 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Cannabis Investing News Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.