Namaste Technologies (NXTTF) seems to be a conglomerate of different business models. It should not be seen as a cannabis producer. The company has so far not been able to generate synergies from its different activities. Both net income and CFO are negative. On top of it, it is trading at 10.22x sales, which does not seem to be justified. Its gross profit margin and revenue growth are not that elevated.
Business
Founded in British Columbia, Canada, Namaste owns an e-commerce platform with over 30 websites in more than 20 countries including the United Kingdom,