Company Overview

Company name: Namaste Technologies (TSX: N)
Description: Online retailer of medical cannabis products. The company’s services include selling vaporizers and smoking accessories through e-commerce sites in 26 countries with 5 distribution hubs located around the world, enabling the customers to get the products according to their requirements.
Year founded: 2005
Parent company:
Industry: Consumer Products and Services (B2C) | Group: Retail | Code:
Website: www.namastetechnologies.com
Employees: 53
City: Toronto
State: Ontario
Country: Canada
Region: Americas

Financial Highlights

Start up capital raised (USD Million): 14.20
Business status: Profitable
Ownership: Publicly Held
Exchange: TSX
Ticker: N
Revenue (USD Million): 14.51
Gross profit (USD Million): 2.82
Net income (USD Million) -19.65
Enterprise value: 260.13
Earnings before interest, tax, depreciation and amortization (EBITDA): -19.74
Fiscal period: TTM 3Q2018
Financing Status: The company (CSE: N) received CAD 3.602 million of development capital from undisclosed investors on October 30, 2017, through a private placement. Namaste intends to use the net proceeds from the offering to finance construction at the Company’s a wholly-owned subsidiary, Cannmart Inc. (“CannMart”), to purchase medical cannabis inventory once CannMart receives its distribution license from Health Canada and for strategic corporate purposes.
Number of active investors:
Profile last updated: 03-Oct-2018
Last known valuation:
Last known valuation date: