HITIF - Namaste Technologies collaborates with High Tide to enter into the direct-to-consumer recreational cannabis market

The wholly-owned subsidiaries of Namaste Technologies (NXTTF) and High Tide (HITIF) entered into a CannMart Marketplace Agreement pursuant to which High Tide, via Canna Cabana Inc. as a licensed retailer by the Saskatchewan Liquor and Gaming Authority, will make recreational cannabis products available online exclusively on CannMart.com as a licensee under Namaste's VendorLink platform for an initial term of one year, subject to renewals.Upon launch, ~40 products designated for recreational use will be available to Saskatchewan-based customers, with weekly inventory changes and product additions to follow. Raj Grover, President and Chief Executive Officer of High Tide, said, "As the province with the most business-friendly regulatory framework, Saskatchewan offers us the opportunity to leverage our strength as a large cannabis retailer through strategic partnerships like this one. Further, this arrangement is nicely aligned with High Tide's goal of achieving sustainable growth via significant revenue opportunities, without burdening the company with additional

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Namaste Technologies collaborates with High Tide to enter into the direct-to-consumer recreational cannabis market