According to a press release earlier today, Namaste Technologies (TSXV:N) (OTCQB:NXTTF) has completed its 49% acquisition of Pineapple Express Delivery Inc. Will this give Namaste stock a much-needed boost?
Toronto-based Pineapple Express is a delivery service specific to the medical and recreational cannabis market in Canada. It seems like a good fit for Namaste’s online “everything” cannabis store.
Namaste Stock: The DealThe agreement was first announced in June 2018 whereby Namaste “entered into a subscription agreement to acquire 15% of the common shares of Pineapple for $1,000,000 which comprised of $850,000 in cash ...
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