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Tag Archives: EU CBD

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Namaste signs UK and EU CBD supply agreement with BlueSky Biologicals Inc.

Namaste signs UK and EU CBD supply agreement with BlueSky Biologicals Inc.
Sept. 12, 2018 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company's wholly-owned subsidiary, Namaste Bahamas Inc. ("Namaste Bahamas"), has signed a distribution agreement (the "Distribution Agreement") with BlueSky Biologicals Inc. ("BlueSky"); a private British Columbia company; whereby Namaste Bahamas will distribute BlueSky's full-spectrum, hemp-derived cannabidiol ("CBD") products in its UK and European marketplace. The UK has classified CBD as a food supplement, as such, Namaste has been focused on building a carefully curated CBD supply chain for its UK platform. Namaste's launch of CBD sales in the UK and EU are the first steps of the Company's initiative to leverage its platform, technology and consumer databases to enter into cannabis consumable sales in the UK and EU.
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