Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com

Helix Technologies' Cannalytics Business Intelligence platform surpasses its 100 user mark

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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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Helix Technologies blazes past 100-user mark for its Cannalytics business intel platform

The Denver-based tech company has worked closely with the cannabis and hemp industries to design the product around their needs

The company said it's adding new features to its Cannalytics Business Intelligence platform, which include additional 'robust, interactive displays, customer segmentation tools,” and an updated user interface

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.

READ: Helix Technologies extends contracts in New York and North Dakota and deploys new services in Arkansas and New Mexico

The announcement comes less than 90 days after the company unveiled its business intelligence product at the MJBizcon in Las Vegas.

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Helix signs contract extensions in North Dakota and New York, adds service in Arkansas

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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.

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Helix signs contract extensions in New Mexico and New York, adds service in Arkansas

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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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Helix Technologies extends contracts in New York and North Dakota and deploys new services in Arkansas and New Mexico

The states of New York and North Dakota have chosen to extend the contract for the firm's traceability software

Helix's technology provides critical infrastructure services, helping owners and operators of licensed cannabis businesses stay competitive and compliant while mitigating risk

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.

READ: Helix Technologies adds clients in The Netherlands and South Africa as international footprint expands

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.

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Namaste inks deal to bring IGNITE cannabis products to subsidiary CannMart's online marketplace

It will collaborate with IGNITE to source dried flower and other products from craft Canadian cannabis producers

CannMart will handle sales and distribution of IGNITE Products in Canada, and IGNITE will tackle the marketing

() (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."

READ: Namaste subsidiary CannMart adds premium cannabis brand; signs supply deal with Alberta Gaming, Liquor & Cannabis

Broadly speaking, CannMart will handle the sales and distribution of IGNITE Products in Canada, and IGNITE will tackle the marketing. 

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Helix Technologies expands international footprint into The Netherlands and South Africa

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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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Helix Technologies adds clients in The Netherlands and South Africa as international footprint expands

The expansion underpins the underlying growth potential in the global cannabis market, and Helix’s ability to provide infrastructure services

The Denver company helps owners and operators of licensed cannabis businesses stay competitive and compliant while mitigating risk

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. 

READ: Helix Technologies subsidiary BioTrack finishes key audit

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.

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Up in smoke: Yes, there’s a chance Canadian marijuana workers could face a lifetime border ban but it’s not likely; Namaste Technologies Inc CEO sounds off

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.

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Namaste Technologies CEO Sean Dollinger fires back after Andrew Left calls the stock a 'joke'

The co-founder invited the short-seller to spend a weekend following him around to see it's no joke

(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.

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Namaste Technologies Inc awaiting sales license as plans to up-list on the Nasdaq

(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.”

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Namaste Technologies builds UK medical cannabis footprint with acquisition of pharma distributor AF Trading

The C$5mln acquisition will give Namaste access to a 30,000 square-foot distribution facility in the UK

Namaste’s subsidiary CannMmart Inc offers medical cannabis and oils through its e-commerce platform in Canada

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.

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Namaste Technologies inks deal with BlueSky Biologicals to distribute CBD products in the UK and Europe

Namaste will distribute BlueSky’s range of products, which includes dietary supplements and a pet care line

Namaste’s subsidiary Cannmart offers cannabis products through its e-commerce platform

(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.

READ: Namaste Technologies pushes ahead with plan to up-list to Nasdaq

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.

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Namaste Technologies pushes ahead with plan to up-list to Nasdaq

The Vancouver-based company is looking to gain exposure to a wider base of investors

Namaste operates an online platform that markets cannabis-related products in 20 countries

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.

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Namaste Technologies Inc to launch CannMart for direct medical cannabis sales

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.

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Namaste Technologies signs deal to buy bulk medical cannabis from Tilray Canada

The supply agreement with Tilray will greatly widen its subsidiary Cannmart’s product offerings

Namaste says it is on the hunt to arrange partnerships with Canada's marijuana producers

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.

Read: Tilray shares recover after downgrade by Northland Capital Markets

The supply agreement with Tilray Canada will greatly widen Cannmart’s array of products on offer, according to Namaste.

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Namaste Technologies signs deal with Airo Brands to merge cannabis and vaporizers

The cannabis company will sell the pre-filled cartridges through e-commerce platform Cannmart

Namaste Technologies offers vaporizers, CBD products, glassware and other cannabis-related accessories

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.

READ: Namaste Technologies inks deal with Kief Cannabis for artisan-crafted cannabis

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.

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Namaste Technologies shares jump on new pair of partnerships with Breton CannaPharms

Breton will team up with Namaste to recruit patients within veteran groups across Canada

Breton focuses on using medical cannabis to treat veterans with chronic pain and post-traumatic stress disorder

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.

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Namaste Technologies inks deal with Kief Cannabis for artisan-crafted cannabis

The craft-style cannabis will be sold through Cannmart, Namaste's e-commerce platform

Kief Cannabis develops cannabis in small batches for the high-end recreational market

(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.

READ: Namaste signs deal with CanVas MedTech on cannabis-revenue sharing

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.

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Namaste signs deal with CanVas MedTech on cannabis-revenue sharing

Namaste Technologies operates the largest global cannabis e-commerce platform with 32 websites in more than 20 countries.

() () 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.

Highs & Lows: Cannabis stocks have a rolling day, Emerald Health Therapeutics up 15.59%, but movements limited in general

is based in Vancouver. It operates the largest global cannabis e-commerce platform with 32 websites in more than 20 countries under various brands.

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