These 4 Marijuana Stocks Could Be Positioned For A Big Year Namaste Technologies Inc (NXTTF) announced, in mid-December, that it had entered into a share purchase agreement to acquire common shares in Pineapple Express Delivery Inc and an affiliated entity, representing an additional 34% equity in exchange for such number of common shares of Namaste having an aggregate value of approximately $3.06 million.
Following this announcement, Sean Dollinger, President, and CEO of Namaste said, "We're pleased to announce adding to our position in Pineapple Express, an innovative company with a strong management team focused on providing exceptional service. We are now offering same-day delivery services in Toronto through Pineapple Express and are looking forward to their expansion throughout Canada. We believe strategic investments in technology and service companies like Pineapple Express will drive innovation and provide long-term value for the Company. I'm also personally looking forward to joining Pineapple Express' board of directors and in offering value to their team."
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