Namaste Technologies Could Be the Amazon of Pot
NXTTF stock is posting strong growth and keeps looking forward
By MATT MCCALL
Namaste is a $300 million company that is dual-listed on the Toronto Stock Exchange and the OTC market in the United States. The company offers a wide array of marijuana-related products via more than 30 websites in over 20 countries.
Your everything cannabis store — that’s what NXTTF considers itself. It offers vaporizers, glassware, cannabidiol (CBD) products, accessories and more.
And the most promising news is that the company will soon make a major move into selling medical cannabis in Canada.
Speaking of revenue, the company’s most recent financials were released toward the end of July and the top line grew 32% over the same quarter last year.
For the nine months that ended May 31, 2018, revenue came in at $14.6 million — an increase of 106% from the same nine-month period a year earlier.
Source: MoneyWire
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