Namaste Technologies (
CSE: N,
Forum) significantly advanced its near-term corporate mandates when the company announced today that it had increased its site traffic from 42,353 in April to 267,144 in July, an increase of 531%
According to the
news release, the increase was attributed to the recent acquisition of VaporSeller and enhanced digital marketing strategies.
Company President and CEO, Sean Dollinger, commented, “Almost exactly one year ago, we started the process to transform Namaste into a public company. Our objective was to utilize our ecommerce, engineering and financial skills to capture significant vaporizer market share. With our acquisition of Vaporseller and our investment in technology, the Company is now in position to become the leading industry consolidator of the industry. I am also happy to report that our TSX Venture Exchange listing application is being submitted to the exchange within the coming weeks.”
The release went on to note that the company had also increased its domain authority, an important online metric involving visibility on search engine results, from 21 to 41. This ranking places the company within the top decile of all vaporizer sites globally.
Namaste Technologies was in the news recently when
the Vancouver-based company was spotlighted in a recent article penned by Stockhouse’s own Gaalen Engen.
Currently there are 59.51m outstanding shares with a market cap of $6.84 million.
FULL DISCLOSURE: Namaste Technologies is a Stockhouse Publishing client.