Namaste Technologies Inc. (NXTTF) Signs Patient Services Agreement with Buds2go.ca
Marijuana Industry NewsUncategorized October 29, 2018 MJ Shareholders
Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV:N.V) (M5BQ.F) (NXTTF) is pleased to announce that the Company’s wholly-owned subsidiary, NamasteMD Inc. (“NamasteMD”), has signed a Patient Services Agreement (the “Agreement”) with Buds2go.ca (“Buds2go”). Buds2go is an online platform which holds over 80,000 users in its database with over 100,000 weekly sessions. Subject to the terms of the Agreement, Buds2go will offer users access to medical cannabis consultations through the Company’s wholly owned subsidiary and online patient portal, NamasteMD Inc. (“NamsteMD”).
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The Company expects to see a significant increase in patient acquisition through NamasteMD, as Buds2go not only maintains a large database of users but also has very strong organic search traffic rankings. By leveraging NamasteMD’s platform, Buds2go is able to offer users with access to a simple and convenient platform to access medical cannabis consultations with a trained professional. While the Company is focused on rapid expansion of its patient database through NamasteMD and in on-boarding new patients the Company is also actively focused on expanding its offering and securing a strong supply chain for the future.
NamasteMD’s innovative platform serves as a valuable resource for online sites to offer access to medical consultations and the ability to access medical cannabis through regulated channels.
Management Commentary
Sean Dollinger , President and CEO of Namaste comments: “We’re very pleased to announce the Agreement with Buds2go. We anticipate that their users will be happy to have access to medical cannabis consultations so that they have the ability to order medical cannabis online through a licensed producer. Buds2go maintains a large database of users and is one of the highest-ranked e-commerce sites targeting keywords related to many popular cannabis strains. We’re looking forward to seeing positive results. We believe that NamasteMD offers itself as a powerful resource that provides users with access to order medical cannabis products through the regulated market.
About Namaste Technologies Inc.
Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the largest global cannabis e-commerce platform with over 30 websites in 20+ countries under various brands. Namaste’s product offering through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and medical cannabis in the Canadian market.
Namaste has developed and acquired innovative technology platforms including NamasteMD.com, 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 personalize a consumer’s on-site buying experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.
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