Namaste Technologies(OTCMKTS: NXTTF)

Namaste Technologies(OTCMKTS: NXTTF) Company Overview

Namaste Technologies Inc. is a publicly-traded company that leverages smart technology to drive online sales of medicinal cannabis, cannabis products and other accessories around the globe.

Operating across three continents, Namaste owns and operates websites and distribution hubs in Europe, Canada and Australia, with the company owning 100% of Australian Vaporizers Pty Ltd.

With a goal to re-imagine the cannabis experience, Namaste is at the forefront of innovative online platforms that deliver unexpected value for customers.

Namaste has achieved a 16% increase in net revenues for Q1 2020, bringing in its highest quarterly revenue in two years at CAD$5.3 million. Complimented with a CAD$3 million reduction in net losses, thanks in part to improved restructuring efforts.