A recent editorial by Anthony Varrell of technical420 provides an update on Namaste Technologies (TSX.V: N) (OTCQB: NXTTF), identifying the company’s story as one believed to be one of the most significant turnarounds in 2020. According to the update, Namaste has been at work to execute its multi-faceted growth strategy, recording several major advancements. Although the shares have been under pressure, technical420 finds the risk-reward profile to be attractive. “Heading into 2020, Namaste is well positioned to capitalize on a number of attractive growth verticals within the Canadian (and global) cannabis industry,” Varrell writes. “At current levels, we believe that it is hard to ignore the valuation and are of the opinion that the market does not associate enough value with the entire operation.”
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About Namaste Technologies
Namaste Technologies is the world’s leading online platform for cannabis products, accessories, and responsible education. The company is comprised of a number of wholly owned subsidiaries that could present significant upside and we are favorable on value creation that Namaste could deliver through this portfolio. CannMart represents one of the most important aspects of the Namaste story and the company believes that the market does not fully appreciate the value associated with this opportunity. CannMart provides customers with a diverse selection of hand-picked products from leading Canadian Licensed Producers (LPs). For more information, visit www.NamasteTechnologies.com.
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