Lifeist Wellness Inc V.LFST

RE:Let's Take A Sec And Look Back

[OptimumSpectrum]

OptimumSpectrum wrote: I've noticed some people complaining about no recent news releases lately, and all I have to ask is why?  They have had a multitude of incredible releases within the last 12 months!  So I thought I would take a "brief" moment to show to you how far we have advanced in the last year.  Sean Dollinger and his team have set out to do exactly what they had projected, and THEN some.  I cant wait for the next bombardment of news releases coming out soon.  You knoow its coming!


June 28th 2016 Namaste was Ranked as #1 E-Commerce Vaporizer Portal Globally The current revenue was a run rate of approximately US$2.4 million and experiencing organic revenue growth in current sales of 6% monthly (100% annual). After the previously announced acquisition of VaporSeller, Namaste will expand run rate revenue from US$2.4 million to US$5.8 million. 


July 18th 2016 Namaste Closed the Acquisition of VaporSeller,

an e-commerce portal for the sale of vaporizers and accessories that generated an unaudited revenue base of US$3.4 million in 2015. This increased annualized run rate revenue by approximately 142% to US$5.8 million and expanded their customer list by over 150,000 names.  This was their entry point into the US market.

 

August 17th 2016 Namaste Increased Site Traffic by 531% From April to July.  42,353 in April to 267,144 in July, an increase of 531% as a result of the acquisition of Vaporseller and enhanced digital marketing strategies.


September 15th 2016 Namaste Signs Definitive Agreement to Acquire URT1 Limited

URT1 is one of the top 5 domains in the world for the sale of vaporizers, pipes and accessories. The company operates two websites, www.everyonedoesit.com and www.everyonedoesit.co.uk, and retails through select third-party marketplaces. Unaudited 12 month trailing revenues were approximately C$3.2 million for the period ended August 31, 2016 with a gross profit margin of 53%. URT1 has been in business since 2000.


October 4th 2016 Namaste announced new partnership with Sneaky Pete, VaporTownUSA.

Both of these new partnerships are considered to be accretive to revenues. These synergies will come in the form of video reviews, high quality links to the Namaste sites, and expansion of sales channels internationally.


Octover 11th 2016 Namaste Announced New Agreements With PAX Labs and Firefly Vapor.  PAX and Firefly are two of the most innovative manufacturers of portable vaporizers and carry two of the most sought after products on the market

October 18th 2016 Closed Acquisition of URT1   Only took a month to close. Very impressive.


November 3rd   Namaste Expands Product Portfolio in Advance of US Elections.   Namaste has entered into agreements with Gorilla Grow Tent Inc., SuperCloset Inc. and Kind LED Grow Lights, all leading manufacturers of the most advanced growing equipment available on the market. Namaste will initially market each of the manufacturers' products in the US and Canada, and will receive wholesale rates on product sales. It is anticipated after the initial launch, Namaste will launch each of these brands into the twenty international markets Nasmaste currently serves.

November 16th 2016 Namaste Signs Exclusive Distribution Agreement for Inhalater Products



November 29th 2016 Namaste Approved to Distribute Through eBay

December 1st 2016 Namaste Establishes Channel on Peeks Social Commerce Platform.   Namaste has established a channel on the peeks platform and will received exposure to Peek's global user base of over 75 million registered users in approximately 100 countries.

December 7th 2016  Namaste announces record sales and traffic..

Namaste Technologies Inc. (CSE: N, OTCQB: NXTTF, Forum) announced today that it has set a new monthly record for both sales and traffic in November. Total unaudited sales reached approximately $1 million while total traffic was 596,453 visits.  These improved results are a reflection of the Company’s acquisition of the VaporSeller and Everyonedoesit domains. Namaste Vapes domain produced 35.3% of revenue from only 12.0% of total traffic.


January 30th 2017  Namaste Announces Record Quarterly Revenue for Q1 2017 

Recorded record quarterly revenue of $2,087,188, an increase of 77.6% from the first quarter of 2016.  Generated gross profit of $683,016, an increase of 75.9% from the first quarter of 2016.  Expanded the customer list to over 250,000 individuals producing monthly traffic of approximately 600,000 site visits in November.


February 1st 2017   Namaste Commences Distribution Through eBay



February 2nd 2017  Namaste Approved to Retail Marley Natural Brand Accessories



February 7th 2017   Namaste Signs Exclusive Distribution Agreement for Nimbin Products



 

February 13th 2017   Namaste Applies to Trade on OTCQB
Namaste Signs MOU With Canopy Growth Corporation




February 23rd 2016   Namaste Signs MOU With Marijuana.Ca


February 24th 2016   Namaste to Acquire Australian Vaporizers and Announces $6.0 Million Bought Deal Financing


March 1st 2017   Namaste approved to trade on OTCBQ


March 9th 2017   Namaste Closes $11,338,000 Bought Deal Private Placement
An almost double increase from the original PP at 6 Million.



March 14th 2017   Namaste Signs MOU with Vinergy
I like me some extracts!!


March 16th 2017   Namaste Closes Acquisition of Australian Vaporizers...

The acquisition of Australian Vaporizers adds significant revenue and solidifies Namaste's position as the largest online retailer of vaporizers in the world. Post consolidation, Namaste will control approximately 90% of the vaporizer online retail market in Australia.  During the last fiscal year ended June 30, 2016, Australian Vaporizers operated with a 45% gross margin and an EBITDA margin of 27%. The acquisition of Australian Vaporizers represents a 33% increase in Namaste's revenue. The table below is a summary P/L for Australian Vaporizers for fiscal years of 2013-2016.

 

March 21st 2017   Namaste Enters Into Non-Binding LOI With CannMart, a Late Stage ACMPR Applicant. 

The ACMPR Application has completed the "security clearance" stage and is currently in the "review" stage of the licensing process. CannMart's proposed facility is a 4,000 sq. ft. industrial building located in Etobicoke, Ontario (the "Facility"). Pursuant to the LOI, the Company will assume all of the going forward liabilities and obligations of CannMart, including the remaining build-out costs needed to prepare the Facility for the final stages of the licensing process and the pre-licensing inspection.


April 20th 2017  Namaste Signs Services Agreement with Canopy Growth

The purpose of the Agreement is to outline the responsibilities of each of Namaste and Canopy with respect to the provision of education and awareness regarding safe and legal access to medical cannabis. Namaste's responsibilities include, but not are limited to: providing information on its websites and blogs outlining how to obtain medical cannabis from legal licensed producers including details on what is legally required under the Access to Cannabis for Medical Purposes Regulations.

April 24th 2017    Namaste Signs Definitive Agreement to Acquire Cannmart Inc. and Announces Conference Call


April 25th 2017  Namaste Secures DTC Eligibility

DTC Eligibility by The Depository Trust Company ("DTC") for its shares on the OTCQB Venture Market ("OTCQB") effective April 21, 2017. DTC is a subsidiary of The Depository Trust & Clearing Corporation DTCC, and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors trading the Company's shares on the OTCQB.

May 3rd 2017  Namaste Closes Acquisition of Cannmart Inc.

May 15th 2017   Namaste Receives Health Canada Medical Device Establishment Licence in Order to Distribute Health Canada Approved Vaporizers

The MDEL Licence approval represents a strategic milestone for Namaste. The Company will import and distribute Health Canada approved vaporizers classified as Medical Devices in Canada. The licence will provide further value in the future as new manufacturers begin to produce medical grade vaporizer and cannabis devices. This approval positions Namaste as a preferred distributor for medical grade vaporizers across the country.

May 17th 2017  Namaste Signs Marketing Agreement With Peeks Social to Promote and Sell Vaporizers in Peeks Platform
 

Agreement Terms

• Peeks will provide a marketing & sales program through multiple social influencers on Peeks
• Peeks will include Namaste within featured categories on Peeks
• Namaste will provide samples to high traffic social influencers in the Peeks platform
• Namaste will participate in Peeks Offer Box Program
• Namaste will set up and operate its own Peeks channels
• Namaste will share the Peeks platform through Namaste's social media channels
• Namaste will add the Peeks logo to its website (with call-to-action)
• Namaste will set up intro videos on the main Namaste Peeks channels

 

June 7th 2017  Namaste Announces Record Monthly Sales of CAD$1.108M


You can expect another record quarterly report too I can easily forsee.  Any ways this is just a summary of what we have seen occur in the last year. It is really quite a lot to say the least. These guys obviously know what theyre doing. Almost all their deals have closed within a month or so of being announced. Hope you all loaded up these last few weeks!

Also....I had my first experience with purchasing a vapourizer from namstevapes.ca and couldnt believe it only took 2 days to reach me!  I think it came from Florida so it was incredible to make it to western Canada that soon.