Namaste Technologies Inc.'s Profile

#1 Vaporizer distributor in Europe with Proforma 12 Month Trailing Revenues $10M as Of August 31, proprietary products launched, perfect market timing for expansion.

 

Nlogo

  • World’s Largest E-Commerce B2C Vaporizer Company
  • Proforma 12 month trailing revenues $10M as Of August 31
  • AUG 31 2017 expected $15.7 million / AUG 31 2018 $24.9 million
  • EBITDA positive by Dec 31 2016
  • Thanks to organic growth, acquisitions and joint ventures we will be discussing
  • Owns 26 e-commerce stores in 20 countries
  • Distribution centers in North America, South America, Europe and Asia Pacific
  • Aggressively expanding into manufacturing and wholesaling

Namaste Announces Record Monthly Sales of Over $1.0 Million and 1,308% Increase in Traffic 

  • Unaudited sales approximately $1.0 million Canadian for November
  • Total site traffic 596,453 (+1,308%)
  • Record monthly sales and traffic 

  • International ecommerce distribution
  • Proprietary vaporizer products
  • Targeting organic growth at 100% per year
  • Sourcing accretive M & A transactions

Namaste Expands Product Portfolio in Advance of US Elections

  • Secured new agreements with manufacturers of indoor growing equipment
  • Product lines added to Namaste’s e-commerce portals and complement the Company’s existing portfolio of vaporizers, pipes, papers and other accessories
  • New product portfolio also represents a further monetization of Namaste’s customer list of approximately 250 thousand names

Namaste Signs Definitive Agreement to Acquire URT1 Limited and Forms World’s Largest E-Commerce B2C Vaporizer Company

  • Unaudited 12 month trailing revenues were approximately C$3.2 million for the period ended August 31, 2016
  • Gross profit margin of 53%
  • In business since 2000
  • Combined proforma unaudited 12 month trailing revenues of approximately C$10 million for the period ended August 31, 2016
  • Total monthly site traffic of over 550,000 visitors
  • Entered into two new strategic partnerships to expand its market presence as the leading e-commerce company focused on vaporizers and accessories
  • Partnerships are with well-known online reviewer Sneaky Pete (SPV Enterprises LLC) and VaporTownUSA.com
  • Partnerships are anticpated to enhance the overall revenue of Namaste through online video reviews, high quality links to the Namaste sites and expansion of sales channels internationally

Regulation

  • Decriminalization and destigmatization of marijuana for medical and recreational use in US, Canada and Europe
  • Vaporizers have lower regulatory burden than growers

Health Advantages


Technical Advances

  • Improved mobility from reduced size of vaporizers
  • Ability to handle liquids, resins and plant matters
  • Conduction, convection, induction technologies
  • Mobile connectivity
  • Increasingly becoming part of the internet of things

 

 

 

Last changed at 15-Dec-2016 11:58AM by AGORACOM

Management & Directors

  • Sean Dollinger

    Co-Founder, President, CEO & Director

    -Over 12 years of experience as an entrepreneur focused on online marketing, website design, retail and real estate.
    -Core areas of expertise include concept and market creation through international e-commerce channels, formation of strategic supply and distribution partnerships, opening logistics channels and improving customer service.
    -Educational background in computer science and business management

  • Kory Zelickson

    Co-Founder, COO, CTO

    -Over 12 years of experience as an engineer focused on designing, developing, manufacturing and distributing new products and concepts internationally.
    -Expert in online marketing and e-commerce and has been involved in developing multiple companies from scratch.
    -Vaporizer/Industry Technology Expert - expertise with online content publication
    -Bachelor of Engineering in electrical and electronics from University of Manitoba

  • Darren Collins

    CFO

    -Over 8 years of corporate and project finance experience. Previously with Alegro Capital, Scotia Capital, and Quest Capital (currently Sprott Resource Lending) and several corporate issuers
    -Involved in over $1 billion worth of transactions spanning mergers and acquisitions, debt and equity financings, joint ventures and commercial supply agreements
    -Bachelor of Commerce in finance from Dalhousie University

  • Justine Anderson

    VP Operations

    -Warehouse and inventory management
    -International Import/Export professional
    -Order Processing/Management
    -Fraud Risk Management

  • Michael Roche

    VP Customer Relations

    -International Sales Management
    -Returns issuance and processing
    -End user sales and technical support
    -Product quality review

  • Chelsea Palmer

    Social Media and Marketing Manager

    -Online Content Management
    -Social Media Management
    -Photo/Video Media Production
    -Vaporizer Reviewer and Product Expert

Broker Fact Sheet

  • N Broker Fact Sheet
    Thu Mar 29, 2019
    Fact sheet details
Namaste Technologies Inc.
Symbol
N
Exchange
CSE
Shares
59,514,833 as of 02/29/2016
Industry
Technology & Medical
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