Namaste Technologies Inc. (TSXV:N) is one of the most watched cannabis penny stocks companies on the market today.
Its massive revenue growth of $7.5 million USD this year, has earned it this intrigue. Today, the company announced it signed a veteran patient services agreement (PSA) and a medical cannabis supply agreement with Breton CannaPharms Ltd.
The news has excited investors and Namaste stock is up a whopping 23.19% as a result.
Cannabis Penny Stocks: Namaste Partners with Breton
Breton CannaPharms specializes in serving and treating veterans suffering from chronic pain and PTSD. Because of this, it has as a very strong presence in veteran communities across Canada. The company has been educating communities for years on the positives of using cannabis as a treatment for veterans.
Patient Services Agreement
Under the terms of the PSA, Namaste will offer its online patient platform NamasteMD.com to veteran groups across Canada. It will partner with Breton to target patient acquisition and service their needs via its medically approved and licensed marijuana partners.
Also, NamasteMD offers online medical consultations with nurse practitioners through online video and is conveniently available on the Apple Store, Google Play devices, and directly from its website—NamasteMD.com.
Supply Agreement
Further, Namaste has also signed a Supply Agreement with Breton Cannabis. This will see the company bulk-buying cannabis products from Breton CannaPharms to be sold on its online platform named Cannmart.
In particular, Namaste will offer Breton’s most potent strains that are created to meet the demand of its veteran patients.
>> Blockchain Penny Stocks Down to Start the Week
In Other Cannabis Penny Stocks News
CROP Infrastructure Corp (CSE:CROP) announced it will open two CBD retail outlets in northern Italy before the end of 2018. The two outlets will operate under CROP’s Emerald Heights brand.
These shops will carry the company’s first line of hemp-oil-infused cosmetic and therapeutic products, which sell under the brand name Urban Juve.
Featured Image: Deposit Photos/dariusl
