Namaste Technologies (N.V), cannabis’ favourite red-headed stepchild, hasn’t been having the best run lately, and being ordered to pay nearly USD$5M in cross-border settlements is just the chef’s kiss.
Namaste Technologies (N.C) has been working hard to get Q1 financials together for some time, a task made harder by the fact their previous CEO, a sentient man-bun with arms and legs by the name of Sean Dollinger, ran the company in the manner of a Kowloon brothel.
Execs at Namaste Technologies (N.C) employed the Friday afternoon news dump strategy this afternoon when advising that an employee had been found to have used their patient data base to try to sell weed through a third party.
If there’s anything good in the financial statements just posted by Namaste Technologies (N.V) – last thing on a Friday afternoon, naturally – it’s that they have a lot of cash, and we finally know just how badly the company was being run last year, before CEO Sean Dollinger was turfed out.
If you made money along the way on the notorious pump machine that has been Namaste Technologies (N.V), good work, but folks still holding on, expecting that it’s all going to come back around any day now should see me for a great deal on waterfront real estate frontage in Moose Jaw.
Man has walked on the moon. The earth is round. Vaccines don’t give you autism. 9/11 was not an inside job. Chemtrails are not poison.
Tilray (TLRY.Q) has reportedly severed ties with supply partner Namaste (N.V) over a “pledge party” where scantily-clad nurses recruited potential customers at a promotional event called a ‘pledge party’ in Quebec, held for shareholders who had agreed not to sell their stock for an extended period of time.
In part one of our ongoing look at Namaste Technologies, we watched former company insider Kory Zelickson have trouble answering a simple question about margin. In part 2 of this never-ending series on the Canadian pot-sector e-retailer, CEO Sean Dollinger was upset about traders who were lining up on the offer side to scare away bids.