Namaste Technologies' wholly owned subsidiary, CannMart, has added premium craft cannabis brand Kief Cannabis Co. to its product line and signed a supply agreement with Alberta Gaming, Liquor & Cannabis ("AGLC").
"Namaste welcomes Kief, a pure craft cannabis company in which Namaste holds a minority position and certain product purchasing rights, to its marketplace," the team with the company explains. "Kief recently received its Health Canada licence and its premium quality leaf products are expected to join the CannMart family of premium brands offered for medical patients on CannMart's website and through its network of B2B sales channels."
CannMart has also signed a supply agreement with AGLC, the agency responsible for regulating and distributing cannabis to Alberta's licensed retailers and the sole legal online retailer for recreational cannabis. "Alberta represents the fifth provincial government to contract with Namaste's CannMart for cannabis product distribution with more licensed retailers than any other province," they further explain.
"We are committed to offering a diverse selection of cannabis products across the full spectrum of consumer segments throughout Canada and therefore we are very excited to be working with Kief and the province of Alberta ," said Meni Morim , CEO of Namaste Technologies Inc. "The addition of Alberta is particularly important as we are seeing repeat orders from our provincial agency customers. The company believes that there is a growing demand for premium cannabis brands as consumers seek both the quality and consistency that is painstakingly cultured by the craft grower. While our B2B business continues to flourish with the agreement with Alberta Gaming, Liquor & Cannabis, we also continue to take decisive action to improve our overall business performance by streamlining our legacy lines of business and adding new brands to CannMart."