Tetra Bio-Pharma (TSXV:TBP; OTCQB:TBPMF) announced its Tetra Natural Health division signed a supply agreement with Namaste Technologies (TSXV:N; OTCMKTS:NXTTF) for the sale and distribution of Rx Princeps set to be sold through Cannmart.
As quoted in the press release:
The agreement also includes the sales of Tetra Natural Health’s specially designed inhalation device, air filters and its Munchies B Gone gum.
Guy Chamberland, Interim CEO and CSO of Tetra Bio-Pharma comments “We are thrilled to have signed this partnership deal with Namaste who operates as an E-Commerce Medicinal Cannabis distributor with 32 sites in 20 countries, providing substantial exposure for Tetra Natural Health’s Rx Princeps™ brand of premium medicinal cannabis. We believe this is the making of a solid partnership with Tetra Natural Health’s ability to produce a quality product combined with Namaste’s far reaching sales and distribution network”.
Sean Dollinger, President and CEO of Namaste comments; “We are very proud to be bringing on a strong supply partner like Tetra Bio-Pharma. Rx Princeps™ is a unique pharma-based product that we feel will be very valuable for our patients. We have a unique opportunity to develop an exciting platform that will cater specifically to a patient’s needs. We plan on providing a single source for all things cannabis and Cannmart and NamasteMD are key components of that strategy along with securing the highest quality cannabis for our patients. We’d like to take the opportunity to thank Tetra Bio-Pharma management team for their support and look forward to a growing future together.”