RE:Warrants from last private placementYou have that correct. Since the warrants holders are being FORCED the exercise their warrants if this happens (and they have to pay money to Namaste to do so, for the warrants), many of them will likely sell the warrants right away for the profit, unless they really want to increase their investment in N (let's say half sell them and half keep them, for arguments sake)
The good thing is that the money for the 0.70 warrants goes to Namaste (since the shares will come from their treasury), so Namaste will have more money to buy product when CannMart gets the HC selling license.
BB