Agreement allows CannMart.com to offer safe and
legal alternative to cannabis for pets until regulations allow
cannabis-based supplements for pets
TORONTO, June 24, 2019 /CNW/ - Namaste Technologies Inc.
("Namaste" or the "Company") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS:
NXTTF) today announced that it has signed a supply and purchase
agreement with True Leaf Brands Inc. (OTCQX: TRLFF) (CSE: MJ)
(DEUTSCHE BORSE: TLA) to market and distribute a line of hemp-based
supplements for pets through its online marketplace,
CannMart.com.
"We're building a technologically exciting marketplace for the
adult-use cannabis market where we can reimagine the experience and
product offering available to both our customers and vendors," said
Meni Morim, Interim CEO at Namaste
Technologies. "Partnering with a leading brand like True Leaf is an
excellent way to enhance our consumer product offering and scale
our vendor experience. We're committed to building the most
innovative and consumer-friendly marketplace, and this brings us
one step closer to that goal."
"Namaste Technologies and its online direct-to-consumer
platforms allow us to reach cannabis customers worldwide who are
looking for safe, legal, and effective alternatives for their
pets," says, Darcy Bomford, CEO of
True Leaf. "Our line of hemp-seed based pet supplements is a great
way to introduce Namaste's customers to the health benefits of hemp
for pets. We also look forward to soon offering a line of CBD
products for pets in Canada and
abroad, pending regulatory approval."
As part of a True Leaf's commitment to Return the Love™, and
CannMart's commitment to putting pet parents first, the companies
have jointly agreed to donate 10 percent of all profits generated
from the first month of sales to help local animal rescue
shelters.
The expected launch of True Leaf Products through CannMart.com
is the third quarter of 2019.
About Namaste Technologies
Namaste Technologies
powers the ultimate online customer experience for medicinal
cannabis and related products. Beginning with NamasteMD.com, the
Company's integrated telemedicine application, Namaste connects
medical clients with health care practitioners to more readily
issue and renew cannabis prescriptions online. Featuring the first
Canadian Medical Sales-Only Licence, the Company's own Cannmart.com
is your 'everything cannabis store' offering clients a large
variety of strains to fill their prescription needs. Namaste's
unique artificial intelligence (AI) engine incorporated in its
platforms and related Uppy App, completes our ecosystem by
identifying the right product and pairing to address specific
medical cannabis requirements. Namaste also provides vaporizers and
accessories across several platforms operating in
multiple countries. Namaste's global technology addresses
local needs in a burgeoning cannabis industry requiring smart
solutions. For further information about Namaste, please log onto
www.Namastetechnologies.com
About True Leaf
True Leaf is a leading global cannabis
and hemp wellness brand for pets. Inspired by the unconditional
love our pets give us every day, we return that love through our
wellness pet products which help maintain and protect the natural
vitality of our pet companions. "Return the Love" is the purpose
that drives our business and is at the heart of our values to bring
happiness to pets and their owners. For more information, please
visit www.trueleaf.com
Information on the Company and its many products can be accessed
through the links below:
NamasteTechnologies.com
NamasteMD.com
Cannmart.com
NamasteVapes.ca
Everyonedoesit.ca
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SOURCE Namaste Technologies Inc.