Namaste Technologies (TSXV:N) announced its subsidiary Cannmart completed Health Canada’s pre-sales license inspection for its facility in Etobicoke, Ontario.
As quoted in the press release:
On July 31, 2018, Health Canada inspectors were on-site to verify information submitted by Cannmart as part of its application and in assessing compliance with the applicable sections of the ACMPR prior to license approval. The Pre-Sales License Inspection is one of the last steps prior to the issuance of a Sales License under the ACMPR.
Cannmart’s ACMPR “sales-only” license will be the first of its kind in Canada. The license enables Namaste to aggregate cannabis strains from licensed producers across the country, with the goal of offering medical patients access to the largest variety of medical cannabis products in a single platform. Namaste has positioned itself as a leader in the development of innovative cannabis e-commerce technology and will leverage its expertise and its platform powered by the Company’s wholly-owned subsidiary and AI technology company, Findify AB (“Findify” or “Findify.io”) to offer medical patients the most personalized user experience possible.