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Namaste Technologies adds the Seedo home grow device to its online marketplace

Seedo Corp's fully automated and controlled indoor home growing machine allows people to grow hemp, herbs and vegetables

Namaste Technologies Inc - Namaste Technologies adds Seedo home grow device to online marketplace
Seedo will be available on CannMart.com and Namastevapes.ca

Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTFF) is adding a new home grow product to the cannabis company’s online marketplace CannMart.

The Toronto-based company announced Thursday that it signed a new agreement with Seedo Corp (OTCMKTS:SEDO) subsidiary Eroll Grow Tech Ltd to sell the fully-automated Seedo home grow device to Namaste’s global customer base.

Seedo is an agricultural technology company that produces a fully automated and controlled indoor home growing machine to grow hemp, herbs and vegetables.

READ: Namaste gears up for launch of edibles market in Canada with Choklat and Pineapple Express acquisitions

Calling Seedo’s home grow devices “innovative and ground-breaking,” Namaste’s interim CEO Meni Morim hailed the inclusion of the products in Namaste's marketplace.

"Our goal is to create the most unique and personalized experience for users seeking innovative devices, and Seedo's home grow unit is ready for Europe now and expected to launch on Namaste's Canadian properties very soon,” Morim said in a statement.

Seedo CEO Zohar Levy said that the agritech company is looking forward to working with Namaste, citing the online marketplace’s extensive distribution and wide reach within the cannabis space.

"We are setting our sights on new market segments and successfully expanding around the world,” Levy said. “This relationship will introduce European consumers to automated growing technology and will give them the capabilities to grow their own plants – hemp, vegetables, fresh herbs, and flowers – at home."

The products are expected to launch on Namaste’s websites CannMart.com and Namastevapes.ca in the third quarter of 2019.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Namaste Technologies Inc

Price: 0.305 CAD

TSX-V:N
Market: TSX-V
Market Cap: $98.75 m
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Full interview: Namaste receives Health Canada approval to sell Cannabis Oil...

Namaste Technologies (CVE: N) CEO Meni Morin joined Steve Darling from our Toronto Studio to discuss their online sales platform CannMart getting Health Canada approval to sell cannabis oil. Morim also telling Proactive about their Q-3 revenue numbers and the potential for growth.

on 4/11/19

2 min read