Cannvas Signs Revenue Share Partnership Agreement with Namaste Technologies Inc.

Published: August 23, 2018

Cannvas Signs Revenue Share Partnership Agreement with Namaste Technologies Inc.

Cannvas MedTech Inc., a leading business technology company in the cannabis space, and Namaste Technologies Inc. announced the signing of a definitive revenue share partnership agreement, whereby the two companies will share revenue generated through co-branding and marketing efforts between Namaste’s medical cannabis patient portal, NamasteMD and the Cannvas.me cannabis education platform.

“I am very impressed with the vision of Cannvas to become the unbiased source of education for medicinal and recreational cannabis users worldwide,” said Kory Zelickson, Co-Founder and VP of Business Development for Namaste. “With the legalization of cannabis in Canada only a few short months away, forming a long-term partnership with an education platform furthers Namaste’s commitment to its patients around the safe and responsible use of cannabis.”

Under the terms of the Agreement, Cannvas and Namaste will build and deploy technologies driving customer integration and value-added services between company platforms. Both organizations will continue to explore other avenues to expand the partnership and enhance user experiences across their respective platforms.

“As we close in on the launch of Cannvas.me, we are very excited to team up with Namaste Technologies,” said Steve Loutskou, Chief Operating Officer, Cannvas. “They have done an incredible job creating the world’s largest and most comprehensive cannabis-focused e-commerce platform and make an ideal partner for Cannvas. We share a similar outlook of aspiring to partner with leading companies making a difference educating consumers about the benefits of medical cannabis. I look forward to working with the Namaste team and building a long-term and mutually beneficial partnership.”

Namaste is the world’s largest and most comprehensive cannabis-focused e-commerce platform with 32 sites in 20 countries and over 600,000 monthly visits to their e-commerce sites with a database of approximately 1.5 million users. Their fully integrated e-commerce network spans across the globe offering everything from rolling papers to vaporizers. In Canada, Namaste has developed the country’s first telemedicine app, available on iPhone and Android devices, allowing patients to connect to doctors or nurse practitioners and have access to a wide range of high-quality cannabis products and services. Cannvas.me is Cannvas Medtech’s scalable and comprehensive cannabis education solution built for the global medicinal and recreational user community, offering interactive tools and physician-backed content to audiences wishing to learn about healthcare through cannabis.

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