Inc () Data Services President Garvis Toler tells Proactive it has reached a significant milestone in the rollout of its Cannalytics Business Intelligence platform by reaching the 100-user mark weeks ahead of adding powerful new feature sets to the platform.
Toler says the 100-mark shows that a variety of players around the country have found value in Helix's data services.
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The Denver-based tech company has worked closely with the cannabis and hemp industries to design the product around their needs
Inc () said Wednesday that it has reached a “significant milestone” in the rollout of its Cannalytics Business Intelligence platform by reaching the 100-user mark weeks ahead of adding powerful new feature sets to the platform.
Helix is a Denver, Colorado-based technology group which provides the legal cannabis industry with the most powerful and effective operating services platform in the market.
In a statement, the company said it was adding new features to its novel Cannalytics Business Intelligence platform, which included additional “robust, interactive displays, customer segmentation tools,” and an updated user interface.
The announcement comes less than 90 days after the company unveiled its business intelligence product at the MJBizcon in Las Vegas.
Helix (OTCQB: HLIX) President of Data Services Garvis Toler joined Steve Darling from Proactive in Vancouver with news the company has just signed a contract extension in two key cities, New York and North Dakota.
Toler also told Proactive about another deal they signed in Arkansas for their advanced patient registry.
OTCQB:HLIX
Helix (OTCQB: HLIX) President of Data Services Garvis Toler joined Steve Darling from Proactive in Vancouver with news the company has just signed a contract extension in two key cities, New York and New Mexico.
Toler also told Proactive about another deal they signed in Arkansas for their advanced patient registry.
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The states of New York and North Dakota have chosen to extend the contract for the firm's traceability software
Inc () continues to expand the business as the tech group announced that it has extended two Government contracts in New York and North Dakota and will deploy two new services in Arkansas and New Mexico.
Helix's technology provides critical infrastructure services, helping owners and operators of licensed cannabis businesses stay competitive and compliant while mitigating risk.
The states of New York and North Dakota have chosen to extend the contract for the firm's traceability software, the company said in a statement.
In addition, Arkansas and New Mexico have now also upgraded to Helix's Biotrack advanced patient registry solution, including online application and approval, and mobile patient ID cards.
It will collaborate with IGNITE to source dried flower and other products from craft Canadian cannabis producers
() (OTCMKTS:NXTTF) announced Monday that its subsidiary, CannMart Inc, has signed a licensing agreement to bring IGNITE International Brands Ltd products to its e-commerce site.
The deal allows CannMart to use certain IGNITE brand trademarks on legal cannabis-based products in exchange for certain royalty payments. The company will collaborate with IGNITE's quality control and product development teams to source dried flower and other products from craft Canadian cannabis producers.
"CannMart delivers a unique value-added proposition to brands," IGNITE President Curtis Heffernan said in a statement. "The agreement with CannMart will allow IGNITE to remain laser-focused on expanding brand awareness to maximize its reach to Canadian consumers."
Broadly speaking, CannMart will handle the sales and distribution of IGNITE Products in Canada, and IGNITE will tackle the marketing.
Inc () President Garvis Toler tells Proactive the Colorado-based cannabis technology company has recently expanded its international footprint across two continents, strengthening its existing foothold in Europe and beginning operations in Africa through its Biotrack Seed-to-Sale Software.
Toler says that new clients have been added in The Netherlands and South Africa, and is well-positioned to grow globally as new markets develop and become increasingly intertwined.
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The expansion underpins the underlying growth potential in the global cannabis market, and Helix’s ability to provide infrastructure services
Inc () has recently expanded its international footprint across two continents, strengthening its existing foothold in Europe and beginning operations in Africa through its industry-leading Biotrack Seed-to-Sale Software.
The announcement Tuesday that new clients have been added in The Netherlands and South Africa comes less than a year after Helix began European operations with growers and processors in the UK, according to a statement.
The expansion underpins the underlying growth potential in the global cannabis market, and Helix’s ability to provide infrastructure services to an increasingly complex global cannabis industry.
Already operating in seven countries, Denver-based Helix said it had established itself as the most trusted name in cannabis technology, having tracked over $20 billion in transactions, and is well-positioned to grow globally as new markets develop and become increasingly intertwined.
The fact remains: all Canadians who work in the cannabis industry do have a chance of receiving a lifetime ban on travel to the US, particularly if they do business in the US. The chances of it happening? Not likely.
A shrill Politico headline Thursday sent cannabis stocks tumbling:
Citing a “US official,” the headline claimed that “Canadian marijuana users, workers and investors risk lifetime border ban” if they try to enter the United States.
The reality is not quite so sensationalistic.
The story behind the headline has been going on for years -- nothing (absolutely nothing) has changed.
(CVE:N, OTCQB:NXTTF) co-founder and CEO Sean Dollinger fired right back at Andrew Left's Citron Research after the notorious short-seller called the cannabis e-commerce platform's shares a "joke" in a report Friday generated by his Citron Research.
“Tell [Left] he can come and hang out with me on the weekend, travel around the world," Dollinger told Proactive Investors' Christine Corrado in an exclusive phone interview. "Tell him it’s a formal invite from me. Have him videotape everything we’re doing on site, we’ll prove to him that he’s the joke.”
Vancouver-based Namaste recently revealed plans to uplist to the Nasdaq in the hopes of reaching a larger audience of retail and institutional investors, but Left was deeply skeptical about the move.
"Some cannabis stocks are overvalued, and some are total jokes," tweeted Left, putting Namaste Technologies in the "joke" category. He advised investors to get out quick, saying it will not be able to list.
Citron forecast the stock to fall more than 80% from its current price to US$0.25.
(CVE:N, OTCQB:NXTTF) CEO Sean Dollinger tells Proactive Investors the cannabis e-commerce company's plan to up-list to the Nasdaq is pushing along.
Dollinger says the company is awaiting its sales license to sell cannabis online, which he says should come anytime now. He believes this will be the catalyst to move the company to US$4 per share, the minimum share price to list on a major exchange.
After recording the interview, Dollinger reacted to Andrew Left's comment from Citron Research calling Namaste's shares 'joke.' Dollinger fired back at Left saying, "we’ll prove to him that he’s the joke.”
The C$5mln acquisition will give Namaste access to a 30,000 square-foot distribution facility in the UK
Vancouver-based (CVE:N, OCTMKTS:NXTFF) said Thursday that its wholly owned subsidiary, Namaste Bahamas will acquire UK-based AF Trading Ltd, which operates as Access Fulfillment, for C$5mln.
No capital-raise will be required as Access Fulfillment will receive half the payment in cash and the rest in Namaste stock. In exchange, Access Fulfillment will operate as Namaste's distribution center for CBD, or cannabidiol, a compound found in the hemp or cannabis plant that apparently helps with sleep and anxiety, and cannabis products in the United Kingdom.
Access Fulfillment operates a 30,000 square-foot distribution facility in the UK and holds a license to distribute pharmaceutical products.
The British acquisition will help Namaste develop its medical cannabis distribution platform in the UK. Access Fulfillment's management will sign consulting agreements for operations and business development, said the company.
Namaste will distribute BlueSky’s range of products, which includes dietary supplements and a pet care line
(CVE:N, OTCQB:NXTTF) inked a deal with BlueSky Biologicals Inc to distribute its hemp-derived cannabidiol products in the United Kingdom and Europe.
Its subsidiary Namaste Bahamas will distribute BlueSky’s range of products, which includes dietary supplements, personal care, food and beverages and a pet care line.
Namaste brings its subsidiaries’ products to the online medical and recreational markets through its subsidiary Cannmart, an e-commerce cannabis platform.
“We have a well-established market in the UK and with recent changes in federal regulations we are now able to launch CBD sales into one of our strongest markets,” said Namaste CEO Sean Dollinger in the company’s press release.
The Vancouver-based company is looking to gain exposure to a wider base of investors
Namaste Technologies (TSXV:N.V, OCTMKTS:NXTFF) is pressing ahead with its plan to up-list to the Nasdaq.
Thanks to an expected jump in sales and an increase in its share price, the Vancouver-based company says it is closer to meeting the New York market's listing requirements.
Shares in Namaste added nearly 11% to climb to US$2.69 in Tuesday’s afternoon session, which is short of the US$4.00 level required for a Nasdaq listing.
But Namaste's management are confident its shares can reach this price target organically as sales improve on the back of a key license and cannabis becomes legal across Canada, starting on October 17.
Namaste Technoloiges Inc (CSE: N) (OTCMKTS: NXTTF) () co-founder Kory Zelickson tells Proactive Investors the cannabis company is entering into direct cannabis sales in the Canadian market through its CannMart subsidiary.
Comparing itself to companies like and Airbnb that have no tangible assets, Zelickson says CannMart will have the first license of its kind in Canada that is a medical cannabis sales-only license, emphasizing the company is not cultivating, but sourcing and aggregating cannabis for the marketplace.
Zelickson says once the company rolls out the service in Canada, they'll look to countries like the UK, and Australia to provide the same platform.
The supply agreement with Tilray will greatly widen its subsidiary Cannmart’s product offerings
Namaste Technologies (TSXV:N.V, OCTCMKTS:NXTTF) is widening its reach by signing up to buy bulk medical cannabis products from Tilray Canada that will be sold on its e-commerce platform via its wholly-owned subsidiary Cannmart.
With Cannmart’s sales license to distribute cannabis across Canada expected soon, Namaste is on the hunt to arrange partnerships with Canada’s marijuana producers.
The Vancouver-based company recently signed a wholesale supply agreement with Kief Cannabis Company Ltd, a producer of small-batch, artisan-crafted cannabis. A few months ago, it also signed a deal to acquire a majority share of Infinite Labz Inc, a facility that produces cannabis oil.
The supply agreement with Tilray Canada will greatly widen Cannmart’s array of products on offer, according to Namaste.
The cannabis company will sell the pre-filled cartridges through e-commerce platform Cannmart
Ahead of the upcoming legalization in Canada this fall, cannabis companies are looking for a variety of delivery methods to suit the growing customer base.
(TSX-V:N, OTCMKTS:NXTFF) has signed an agreement with Airo Brands Inc to merge its cannabis with Airo’s pre-filled vaporizer cartridge brand.
In May, the cannabis company acquired a majority share of Infinte Labz Inc, a facility designed to produce cannabis oil.
The lab will provide the cannabis oil for the pre-filled cartridges and Namaste will bring the finished product to the online medical and recreational markets through its subsidiary Cannmart, an e-commerce cannabis platform.
Breton will team up with Namaste to recruit patients within veteran groups across Canada
Shares in Namaste Technologies (TSX-V:N, OTCMKTS:NXTTF) ticked higher Wednesday after the Vancouver-based operator of the cannabis e-commerce platform reached a pair of partnership agreements with Breton CannaPharms Ltd.
Under the terms of the first Patient Services agreement, Breton will team up with NamasteMD, Namaste’s medical cannabis arm, to recruit patients within veteran groups across Canada.
The veterans market is considered robust for Canada's cannabis suppliers as Veteran Affairs Canada provides veterans with reimbursements on cannabis for medical purposes, for up to 3 grams of cannabis per day.
In stage two of its tie-up, Namaste has also entered into a supply agreement with Breton, which calls for the company to purchase bulk orders of cannabis products from Breton to sell via its online platform through its wholly owned-medical cannabis subsidiary CannMart. Namaste intends to build a section on CannMart to offer specialty products aimed specifically at veterans.
The craft-style cannabis will be sold through Cannmart, Namaste's e-commerce platform
(TSX-V:N, OTCMKTS:NXTTF) has entered into a wholesale supply agreement with Kief Cannabis Company Ltd.
As per the agreement, Namaste’s subsidiary Cannmart Inc will purchase bulk cannabis products from Kief Cannabis to sell on its e-commerce platform.
Based in Manitoba, Kief Cannabis develops artisan-crafted cannabis in small batches for the high-end recreational market.
“We believe that the online market for medical and recreational cannabis will evolve rapidly in Canada and that Namaste is well-positioned with extensive expertise to be the number one online platform for everything cannabis not only in Canada but globally,” said Namaste CEO Sean Dollinger in the company’s press release.
() () announced it has signed an agreement with Cannvas MedTech Inc (CSE:MTEC) to share revenue from co-branding and marketing behind the Namaste medical cannabis patient portal and the Canvass cannabis education platform.
Under the agreement's terms, Cannvas and Namaste will build and deploy technologies driving customer services between their respective company platforms.
Namaste gets over 600,000 monthly visits to their e-commerce sites with a database of approximately 1.5 million users. In Canada, Namaste has developed the country's first cannabis telemedicine app, available on iPhone and Android devices, allowing patients to connect to doctors or nurse practitioners for consultations within 15 minutes from sign-up.
Canada will be legalizing recreational cannabis in October and companies are trying to position themselves in the space.
is based in Vancouver. It operates the largest global cannabis e-commerce platform with 32 websites in more than 20 countries under various brands.
