Namaste Signs MOU With Marijuana.Ca

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 23, 2017) - Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(CSE:N.CN)(FRANKFURT:M5BQ) is pleased to announce that it has entered a memorandum of understanding ("MOU") with Marijuana.Ca, operator of www.marijuana.ca, a leading educational website that focuses on providing information to legal marijuana consumers about consumption methods, strains, licensed producers, regulations, and the legalization process in Canada. The signing of this MOU represents the further achievement of the Company's objective to increase site traffic and develop customer data in the Canadian market, a key growth market for the consumption of legal medical cannabis. This MOU also coincides with the upcoming launch of www.everyonedoesit.ca, which the Company will use to further expand its position in the Canadian market.

Pursuant to the terms of the MOU, Namaste will receive site traffic and general customer information from www.marijuana.ca, in exchange for SEO optimization, content creation, and referral fees on the sale of vaporizers, accessories and growing equipment. Namaste will be the exclusive provider of these products to Marijuana.Ca viewers and members. The terms of the MOU will be further expanded upon in a form of binding commercial agreement.

Management Commentary

Sean Dollinger, President and CEO of Namaste, comments: "The signing of this MOU with Marijuana.Ca further exemplifies our strategic focus on enhancing site traffic and becoming one of the leading aggregators of customer information in the vaporizer and cannabis industries. Going forward, we view our unique position within the market will allow us to continue expanding this strategy in Canada and abroad."

About Marijuana.Ca

Marijuana.Ca is a media company and product platform that focuses on the marijuana space in Canada. Marijuana.Ca is deeply and firmly rooted in educating the public about the importance of marijuana as a medicine and patient access within the Health Canada ACMPR program in Canada. As well, Joshua Melamed, the founder and owner, and the Marijuana.Ca team, strongly support responsible adult recreational use within a legal framework. The website can be accessed at www.Marijuana.ca.