Category Archives: Namaste Technologies

Cannabis tech firm Namaste poised to raise $45 million

Namaste Technologies says it’s on pace to raise $45 million in a bought-deal financing. The firm, which operates an e-commerce platform for cannabis products with more than 30 websites in 20 countries, entered into a letter of engagement under which Eight Capital has agreed to purchase – as co-lead underwriter and joint bookrunner with Canaccord Genuity Corp. […]

Cannabis company Tilray cuts ties with Namaste Technologies following pledge party

A reportedly racy shareholder pledge party hosted by Namaste Technologies last week has cost the Toronto firm its business ties with fast-growing cannabis producer Tilray. Officials with Tilray confirmed in an email to Marijuana Business Daily that it had “ended its relationship” with Namaste following a highly publicized “pledge party” the firm held for stockholders […]