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Namaste Technologies gives a wink to Canadian cannabis consumers as it teams up with TREC Brands

The firm's online marketplace CannMart is bringing TREC's WINK line of cannabis products to Saskatchewan and Ontario residents

Namaste Technologies Inc -
WINK is a line of dried flower products

Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF) subsidiary CannMart Inc is teaming up with global house of brands TREC Brands Inc to bring the brand’s WINK cannabis products to Canadian consumers. 

The Toronto-based company’s online cannabis marketplace CannMart is joining forces with TREC, which offers dried flower, pre-rolls, oils and vape pens through brands like WINK, Blissed and Thumbs Up. 

The agreement fits well within CannMart’s wheelhouse as the online retailer carries some of the largest selections of legal, high-quality cannabis products from producers in Canada and globally. 

READ: Namaste subsidiary CannMart signs new supply deal with governments of Ontario and Saskatchewan

WINK’s dried flower products are currently available online in Saskatchewan, with more products and markets expected in the future, according to a statement Wednesday.

"We have developed expertise in the distribution of a highly regulated product which we will combine with TREC's unique brand in order to ensure high quality products are distributed into protected brick and mortar marketplaces like Saskatchewan and Ontario," said Meni Morim, Namaste’s CEO.

"TREC is known for its superior brands and the great work it does supporting initiatives in Canada and around the world. We look forward to embracing our common goal of creating a culture of consciousness around the cannabis sector and driving sales into the adult-use marketplace."

Earlier this month, CannMart signed new supply agreements with the provincial governments in Ontario and Saskatchewan, enabling the firm to offer its products within the cannabis value chain in the Canadian provinces.

Namaste said it is pursuing similar agreements with other provincial agencies in Canada.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

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Price: 0.53 CAD

TSX-V:N
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Market Cap: $171.59 m
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