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~ Phyto Extractions products to be sold by way of CannMart‘s on the web marketplace and distribution partners ~

TORONTO, Dec. two, 2019, /CNW/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is a top on the web platform for cannabis solutions, accessories, and accountable education. Namaste these days announced that its majority-owned subsidiary, CannMart Labs Inc. has entered into an exclusive licensing agreement with a BC numbered corporation dba Phyto Extractions (“Phyto”).

About Namaste’s agreement with Phyto Extractions

The agreement grants CannMart Labs Inc. with an exclusive licence to use Phyto trademarks on specific cannabis solutions such as:

The agreement supplies that CannMart Labs Inc., till such time as it may perhaps receive a production license, may perhaps assign such rights below the agreement to Namaste’s wholly-owned subsidiary CannMart Inc. 

Meni Morim, CEO of Namaste Technologies Inc stated:

“Phyto Extractions is an established brand name in the Canadian cannabis marketplace and we welcome their revolutionary solutions to the CannMart every thing cannabis shop and distribution channel. Competitors is heating up in Canada with the upcoming launch of cannabis derivative solutions following current regulations referred to as Cannabis two.. And Namaste is committed to functioning with top cannabis brands, such as Phyto, to get higher-excellent solutions to buyers. Phyto has a history in the Canadian marketplace and is nicely identified for its existing client base. Namaste expects this item recognition to drive future sales with current and new buyers on the CannMart site and all through our network of government partners.”

Namaste is adding Phyto’s item line to CannMart, its on the web marketplace, as it continues to aggressively expand its on the web item providing.

CannMart is Canada’s on the web ‘everything cannabis store‘. CannMart carries a single of the biggest selections of legal cannabis solutions from established cannabis producers in Canada and about the globe. It is focused on delivering health-related cannabis individuals and adult-use enthusiasts with access to the highest excellent cannabis solutions accessible. Namaste is constantly in search of to expand and increase the CannMart on the web marketplace by way of new solutions, retailers and on the web experiences. CannMart also prepares, packages and distributes cannabis solutions by way of strategic relationships with top government agencies. Phyto solutions are anticipated to be accessible on CannMart.com on December 17, 2019.

About Phyto Extractions

Phyto Extractions is an awarding winning, premium-grade cannabis Enterprise primarily based in Canada. The corporation was formed more than five years ago and was the 1st spot winner of the Karma Cup in 2015.

About Namaste Technologies Inc.

Namaste Technologies has headquarters in Toronto, ON, and offices in each B.C. and about the globe. It is a top on the web platform for cannabis solutions, accessories, and accountable education. The company’s ‘everything cannabis store‘ is CannMart.com. The shop supplies buyers with a diverse choice of hand-picked solutions from a multitude of federally-licensed cultivators, all on a single practical web page. Namaste’s international technologies and continuous innovation address neighborhood desires in a burgeoning cannabis sector requiring intelligent options. For additional facts about Namaste, please stop by NamasteTechnologies.com

Supply Namaste Technologies Inc.

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