Cannmart Signs Product Acquisition Agreement with Weed Me Inc..

Namaste Technologies Inc. (TSXV: N) (OTCMKTS: NXTTF) is very happy to announce that the business’s wholly-owned subsidiary, Cannmart Inc. (“Cannmart”), has signed a Product Acquisition Agreement with Weed Me Inc., whereby Cannmart will purchase medical cannabis from Weed Me to offer in its online platform. Subject to the terms of the Agreement, Cannmart has placed its first order with Weed Me that contains a variety of pre-rolled products in several strains. Cannmart presents variety of cannabis products through a single stage to medical patients by creating a unique offering of products and breeds sourced from producers. Cannmart has been focused on securing additional products, and in expanding its product categories to include pre-rolls. The business looks forward to nurturing a long-term supply arrangement with Weed Me, and procuring additional supply from their production. The Company’s aim is for Cannmart to become the leading online marketplace for medical cannabis in Canada by offering the largest choice of merchandise and in offering exceptional customer service. With the platform of Cannmart and Namaste’s technology, the Company believes it is well-positioned to offer substantial value as a sales-channel across Canada to a range of producers. Namaste’s management team is confident in its ability to set itself apart. Management CommentarySean Dollinger, President, and CEO of Namaste remarks:”We’re pleased to announce this Agreement with Weed Me. We’ve secured supply from their generation and will look forward to offering our patients their merchandise. By leveraging our technology platforms, expertise in e-commerce and remarkable customer service, we plan on improving the buying experience for medical patients and becoming Canada’s leading online platform for medical cannabis sales.” Weed Me, established in April 2016, is a leading Canadian Accredited Producer with the exclusive Canadian rights to Dutch Passion genetics. Weed Me vision is to enhance lives through the provision of quality recreational cannabis and medical. Located in Pickering Ontario the company focuses on developing cannabis strains and formulas that satisfy the needs of recreational and medical users. Weed Me leverages clinical information and the company’s production facilities to minimize costs while developing formulations and strains. About Namaste Technologies Inc.. Namaste Technologies is Your Everything Cannabis Store&commerce;. Namaste operates the global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes cannabis in the market, glassware, accessories, CBD products, and vaporizers. Namaste has developed and acquired innovative technology platforms including NamasteMD.com, Canada’s first Health Canada compliant telemedicine application, and in May 2018 the Company acquired a leading e-commerce AI and Machine Learning Company, Findify AB. Findify uses artificial intelligence algorithms to optimize and customize a customer’s on-site buying experience. Namaste is focused on using its technologies to enhance the user experience throughout its platforms.  Acquire and namaste will continue to develop innovative technologies that will provide value to its shareholders and to the organization and to the wider cannabis market. On behalf of the Board of Directors“Sean Dollinger”Chief Executive OfficerDirect: +1 604-355-6100Email: info@namastetechnologies.comFurther information on the Company and its products can be accessed via the links below:NamasteTechnologies.comNamasteMD.comNamasteVapes.caEveryonedoesit.caFORWARD-LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward-looking data to reflect new events or circumstances unless required by law. Since the Company can give no assurance that they will prove to be correct although the Company believes that the expectations and assumptions on the forward-looking statements are based are reasonable, undue reliance should not be set on the forward-looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of the press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents that may be seen under the business’s profile on www.sedar.com. The TSXV has neither reviewed nor approved the contents of the press release.

Released at Fri, 23 Nov 2018 13:31:26 +0000

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