Namaste Technologies Chief Technology Officer Chad Agate – RICH TV LIVE – NOVEMBER 27, 2019 – ~CannMart leverages distribution expertise to expand B2B and access adult-use markets~
Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV:N.VN) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF), a leading online platform for cannabis products, accessories, and responsible education, today announced that its wholly owned subsidiary, CannMart Inc. (“CannMart”), has entered into a licensing and manufacturing agreement with TREC Brands Inc. (“TREC”), a global cannabis brand house. CannMart and TREC have joined forces in an effort to bring high quality products to TREC’s brand conscious customer base under the WINK cannabis brand and drive revenue for both companies.
“We have developed expertise in the distribution of a highly regulated product which we will combine with TREC’s unique brand in order to ensure high quality products are distributed into protected brick and mortar marketplaces like Saskatchewan and Ontario,” said Meni Morim, CEO of Namaste Technologies Inc. “TREC is known for its superior brands and the great work it does supporting initiatives in Canada and around the world. We look forward to embracing our common goal of creating a culture of consciousness around the cannabis sector and driving sales into the adult-use marketplace.”
“Namaste and TREC are coming together to offer the many segments of the Canadian cannabis marketplace a uniquely personal cannabis experience and drive revenue,” said Trang Trinh, Founding Director and CEO, TREC Brands Inc. “We look forward to the Namaste team introducing WINK Cannabis dried flower products into Saskatchewan with additional products and markets in the future.”
TREC is an acronym for Trust, Respect, Equality and Compassion: the values that we believe are at the core of all business decisions made for the socially-conscious cannabis company. TREC provides extensive marketing expertise for consumer-facing cannabis products, in a market that is continually evolving under new regulations. TREC is driven by a commitment to work with those who share their mission to “Do Good” and empower consumers, extending this vision to their investors, employees and partners, premium licensed producers and distribution channels. With an initial shareholder base of Canadian hospitality, nightlife and entertainment innovators and cannabis industry experts, TREC has demonstrated its unique access to today’s luxury cannabis consumer. WINK products are available through Leaflink.com serving licensed retailers in Saskatchewan.
CannMart is a Canadian online cannabis marketplace which carries one of the largest selections of legal cannabis products from established cannabis producers in Canada and around the world. It is focused on providing medical cannabis patients and adult-use enthusiasts with access to the highest quality cannabis products available. Namaste is always seeking to expand and improve the CannMart online marketplace through new products, retailers and online experiences.
About TREC Brands Inc.TREC Brands is a global premium cannabis brand house with expertise in promotions, marketing and licensing. Based in Toronto, Canada, the socially conscious brand management organization operates on a foundation of trust, respect, equality and compassion, affectionately known as TREC.
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