Namaste Technologies Inc (CVE:N) CEO on E-Commerce Advantage in Cannabis Space


Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF) (FRA:M5BQ) CEO Sean Dollinger explains why the LP has bypassed cultivation in favour of focusing on e-commerce. According to Dollinger, as an online retailer and distributor Namaste will be “the Airbnb of cannabis” because it will sell products without actually carrying inventory. Dollinger emphasizes that medical cannabis remains crucial to the Canadian market because it allows Canadian patients to access products across provincial boundaries, which is prohibited for recreational users. The company is working with Cannabis Compliance to use Namaste’s e-commerce network to distribute the products of micro-cultivators. Namaste uses its existing infrastructure to adapt to changes in the cannabis landscape. The company is the largest B2C vape company in the world and will start using those distribution channels in the UK to sell medical cannabis.

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