Namaste Technologies Inc

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Meni Morim's photo - CEO of Namaste Technologies Inc

CEO

Meni Morim

CEO Approval Rating

84/100

Founded:

2014

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeN

NAMASTE TECHNOLOGIES INC TOP COMPETITORS OR ALTERNATIVES

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Aurora is one of Namaste Technologies Inc's top competitors. Aurora was founded in 2013 in Edmonton, Alberta. Aurora operates in the Cannabis Products industry. Aurora generates $251.4M more revenue than Namaste Technologies Inc.

Supreme Cannabis is a top competitor of Namaste Technologies Inc. Supreme Cannabis was founded in 1979, and is headquartered in Toronto, Ontario. Supreme Cannabis is in the Cannabis Products industry. Supreme Cannabis generates $25.6M more revenue vs. Namaste Technologies Inc.

Organigram is seen as one of Namaste Technologies Inc's top competitors. Organigram is headquartered in Moncton, New Brunswick, and was founded in 2013. Organigram is in the Cannabis Products field. Organigram generates 323% the revenue of Namaste Technologies Inc.

Namaste Technologies Inc Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$18.6M

Namaste Technologies Inc's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average -556.9M. Over the last one quarters, Namaste Technologies Inc's revenue has decreased by 0%. Specifically, in Q3 2020's revenue was $4.8M.

Namaste Technologies Inc Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
CannMart, Inc.

Nov 2020

Source »
$4M
Cannmart is an online sales-only platform that allows the users to buy medical cannabis products.
Access Fulfilment Ltd

Sep 2018

Source »
$5M
-
Findify AB

May 2018

Source »
$12M
Findify develops and delivers e-commerce machine learning solutions such as personalized search, recommendations and advanced data analytics.

-

2624078 Ontario Inc.

May 2018

Source »
undisclosed
-

-

Cannmart Inc.

Apr 2017

Source »
$2.6M
-

Namaste Technologies Inc Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Unattributed
Jan 2021
$23M
-
Private Placement
Oct 2017
$2.8M
-
Equity
Jan 2016
$14.2K
-
Equity
Jul 2010
$19.3K
-

Namaste Technologies Inc Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Choklat is a manufacturer and supplier of chocolate bars, cookies, cupcakes and truffles.
$1.1M
Mar 05, 2019
Equity
-
Pineapple Express Delivery is a provider of delivery services for cannabis products.
$2.3M
Dec 16, 2018
Equity
-

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Namaste Technologies Inc Headquarters

100 King Street West Suite 1600

Toronto, OntarioM5X 1G5

877-660-2365

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Namaste Technologies Inc Summary

ABOUT

Overview

Namaste is a manufacturer and online retailer of medicinal cannabis products, vaporizers and smoking accessories. Namaste Technologies Inc was founded in 2014. Namaste Technologies Inc's headquarters is located in Toronto, Ontario, CA M5X 1G5. It has ...

CEO

Namaste Technologies Inc's CEO, Meni Morim, currently has an approval rating of 84%. Namaste Technologies Inc's primary competitors are Aurora, Supreme Cannabis & Organigram.

Frequently Asked Questions about Namaste Technologies Inc

  1. When was Namaste Technologies Inc founded?

    Namaste Technologies Inc was founded in 2014
  2. Who is Namaste Technologies Inc's CEO?

    Namaste Technologies Inc's CEO is Meni Morim
  3. How much revenue does Namaste Technologies Inc generate?

    Namaste Technologies Inc generates $18.6M in revenue
  4. How much funding does Namaste Technologies Inc have?

    Namaste Technologies Inc has historically raised $25.9M in funding
  5. Where is Namaste Technologies Inc's headquarters?

    Namaste Technologies Inc's headquarters is in Toronto Ontario, CA
  1. How many employees does Namaste Technologies Inc have?

    Namaste Technologies Inc has 4 employees
  2. What sector does Namaste Technologies Inc operate in?

    Namaste Technologies Inc is in Life Sciences, Biotechnology
  3. Who are Namaste Technologies Inc's competitors?

    Namaste Technologies Inc's top competitors are Aurora, Supreme Cannabis, Organigram
  4. Who has Namaste Technologies Inc invested in?

    Namaste Technologies Inc's has invested in companies such as Choklat, Pineapple Express Delivery