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MarketScreener Homepage  >  Equities  >  TSX VENTURE EXCHANGE  >  Namaste Technologies Inc.    N   CA62987D1087

NAMASTE TECHNOLOGIES INC.

(N)
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Namaste Technologies : Announces 2020 Annual Shareholder Meeting Results

10/01/2020 | 10:56am EST

Namaste Technologies Inc. ('Namaste' or the 'Company') (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) announces the results of its 2020 Annual General Meeting of Shareholders ('AGM') held on Tuesday, September 29, 2020 in a virtual format via live webcast.

Shareholders approved the election of the five nominated directors, the appointment of Baker Tilly WM LLP as the Company's auditors, the ratification of the Company's amended and restated stock option plan as well as the ratification of the newly established Deferred Share Unit Plan and Restricted Share Unit Award Plan.

The matters passed on at the Meeting are fully described in the Management Information Circular related to the Meeting, which can be found in the annual general meeting of shareholders section of the Company's website: https://www.namastetechnologies.com/shareholder-voting/.

About Namaste Technologies Inc.

Headquartered in Toronto, ON, Namaste Technologies is a leading online platform for cannabis products, accessories, and responsible education. The Company's 'everything cannabis store', CannMart.com, provides medical customers with a diverse selection of hand-picked products from a multitude of federally-licensed cultivators, all on one convenient site. The Company also distributes licensed and in-house branded cannabis and cannabis derived products to recreational consumers in Canada through a number of provincial government control boards and retailing bodies and online in Saskatchewan. Namaste's global technology and continuous innovation address local needs in a burgeoning cannabis industry requiring smart solutions.

Contact:

Tel: 604.493.2004

Email: ir@namastetechnologies.com

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 23,8 M 18,8 M 18,8 M
Net income 2020 -25,5 M -20,2 M -20,2 M
Net Debt 2020 - - -
P/E ratio 2020 -3,88x
Yield 2020 -
Capitalization 123 M 97,3 M 97,3 M
Capi. / Sales 2020 5,17x
Capi. / Sales 2021 3,47x
Nbr of Employees 21
Free-Float 98,7%
Chart NAMASTE TECHNOLOGIES INC.
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Namaste Technologies Inc. Technical Analysis Chart | N | CA62987D1087 | MarketScreener
Technical analysis trends NAMASTE TECHNOLOGIES INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 0,55 CAD
Last Close Price 0,31 CAD
Spread / Highest target 77,4%
Spread / Average Target 77,4%
Spread / Lowest Target 77,4%
EPS Revisions
Managers and Directors
NameTitle
Meni Morim Chief Executive Officer & Director
Branden Spikes Chairman
Faraaz Jamal Chief Operating Officer
Slava Klems Chief Financial Officer
Chad Agate Chief Technology Officer
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