Company:Namaste Technologies

From HandWiki
Namaste Technologies
TSX-VN
IndustryCannabis
Founded2005; 19 years ago (2005)
FoundersSean Dollinger
Kory Zelickson
Websitewww.namastetechnologies.com

Namaste Technologies is a Cannabis eCommerce[1] and a marijuana related tech company.[2] The company uses artificial intelligence to assist patients and customers[3], and conducts business selling vaporizers and smoking paraphernalia in 20+ countries with 30+ websites and currently has over 1.5 million global customers.[4][5][6][3]

Founded in 2005 by Sean Dollinger and Kory Zelickson[7], the company is now known as the Amazon of cannabis.[8][9][10]

Findify, a wholly owned subsidiary of Namaste Technologies, is an artificial intelligence company that will be used to study the impact of cannabis strains on medical patients.[3]

Uppy Cannabis Journal is Namaste Technologies app used to collect user data that will be fed into Findify.[3]

NamasteMD, the company's Health Canada approved online app provides access to medical cannabis consultations for all eligible Canadians.[3]

Cannmart, a wholly owned subsidiary of Namaste Technologies, is an online marketplace that wants to be "Your Everything Cannabis Store".[3] Cannmart is developing supply agreements with cultivators who grow smaller batches in British Columbia. Sellers say cannabis produced in smaller batches is of higher quality and more potent than cannabis that is grown in large facilities.[1]


References

  1. 1.0 1.1 "Advocacy and distributor organizations seed craft cannabis growth in B.C. | CBC News" (in en-US). CBC. https://www.cbc.ca/news/canada/british-columbia/as-demand-for-craft-b-c-cannabis-takes-off-distributors-want-to-recruit-small-batch-growers-1.4917519. 
  2. Team, Trefis. "Is Shopify A Threat To Namaste Technologies?" (in en). Forbes. https://www.forbes.com/sites/greatspeculations/2018/09/25/shopify-a-threat-to-canadian-online-cannabis-retailer-namaste-technologies/. 
  3. 3.0 3.1 3.2 3.3 3.4 3.5 "Cannabis company set on offering one stop shopping" (in en-US). Financial Post. 2018-09-11. https://business.financialpost.com/business-trends/cannabis-company-set-on-offering-one-stop-shopping. 
  4. Hudson, James (2018-09-19). "How Namaste Technologies Inc (OTCMKTS:NXTTF) is Starting to Position in the Chain - Oracle Dispatch" (in en-US). Oracle Dispatch. https://oracledispatch.com/2018/09/19/namaste-technologies-inc-otcmktsnxttf-starting-position-chain/. 
  5. Team, Trefis. "What Differentiates Namaste Technologies From Other Pot Stocks?" (in en). Forbes. https://www.forbes.com/sites/greatspeculations/2018/09/17/what-differentiates-canadian-online-cannabis-retailer-namaste-technologies-from-other-pot-stocks/. 
  6. "This company is the future of cannabis e-commerce - BNN Bloomberg". BNN. 2018-09-11. https://www.bnnbloomberg.ca/this-company-is-the-future-of-cannabis-e-commerce-1.1135429. 
  7. MarketScreener. "Namaste Technologies Inc company : Shareholders, managers and business summary | CANADIAN NATIONAL STOCK EXCHANGE: N | MarketScreener". https://www.marketscreener.com/NAMASTE-TECHNOLOGIES-INC-33624487/company/. 
  8. "How Sean Dollinger built a billion-dollar business in three years in a quest to become the 'Amazon' of cannabis - SmartCompany" (in en-US). SmartCompany. 2018-09-25. https://www.smartcompany.com.au/startupsmart/profiles/namaste-technologies-sean-dollinger-billion-dollar-business-three-years-amazon-cannabis/. 
  9. "Why Namaste Technologies Inc. Holds All The Cards | Micro Cap Daily" (in en-US). https://www.microcapdaily.com/why-namaste-technologies-inc-holds-all-the-cards/121834/. 
  10. "Namaste Technologies builds UK medical cannabis footprint with acquisition of pharma distributor AF Trading" (in en). Proactiveinvestors NA. http://www.proactiveinvestors.com/companies/news/204868/namaste-technologies-builds-uk-medical-cannabis-footprint-with-acquisition-of-pharma-distributor-af-trading-204868.html. 

External Links

Official website