202
NAMASTE TECHNOLOGIES INC (CSE:N; OTC:NXTTF; FRA:M5BQ) Continued
Investing.com August 4 sentiment: STRONG BUY
Recent highlights for Namaste include:
- Signs service agreement with Canopy Growth Corporation. SOURCE
- Receives Health Canada Medical Device Establishment License.. SOURCE
- SOURCE FOR ALL NRs NEWS.
To the prudent Retail Investor, the January 31st 2017 financials had record breaking quarterly sales. April 30th 2017 financials were again record breaking and once one-time expenses are removed and other items with a short shelf-life the company’s cash flow is trending quickly towards being positive. Subsequent updates for the months of May and June were highlighted by record breaking double digit month over month sales growth. Similar to CHV in that their impressive and growing
revenues have all to date been based not on their ACMPR aspirations and like CHV, their own license is getting nearer to realization. Partnered with Canopy Growth, Health Canada Medical Device Licensed, and record breaking increasing sales. Is this a recipe for success for shareholders? Time will tell.
NATURALLY SPLENDID ENTERPRISES LTD (TSXV:NSP; OTC:NSPDF; FSE:50N)
Investing.com August 4 sentiment: STRONG BUY
No stranger to subscribers of CannaInvestor Magazine and many of the details that appeared in our April issue are still applicable. You are encouraged to read that in depth coverage. Recent highlight subsequent to that detailed coverage follows:
- Signed a definitive agreement to Acquire Prosnack Natural Foods Inc. Over the past four years, Prosnack’s revenues were approximately CAD$8M. Prosnack, with products found in major retailers across Canada, focuses on the development and production of nutritious products for the meal replacement market, has accu-mulated sales of approximately $8 million over the past four years. Prosnack’s “Elevate me” brand focuses on lifestyle and healthy meal replacements and can be found in over 1,000 North American retailers including CostCo, Whole Foods, and Sobeys.