Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

$VNNYF $VIN.CN News: Vinergy Resources/MJ BioPharma Announces Memorandum of Understanding with Namaste Technologies Inc.

Tuesday, March 14, 2017 5:26
% of readers think this story is Fact. Add your two cents.

(Before It's News)

FinancialNewsMedia.com News Alert: VANCOUVER, BRITISH COLUMBIA-(http://www.financialnewsmedia.com News Alerts) – Vinergy Resources Ltd. (OTCQB:VNNYF) (CSE:VIN) (“Vinergy” or the “Company”) in conjunction with its proposed acquisition of MJ Biopharma (announced December 14, 2016) is pleased to announce it has signed a Memorandum of Understanding (MOU) with Namaste Technologies Inc. (“Namaste”) to commercialize proprietary Cannabidiol (CBD) extract formulations through Namaste’s retail websites in the United States.

In the first phase of the collaboration, through channels in California, Colorado and potentially other States, the Company will distribute proprietary formulations to Namaste’s over 300,0000 unique visitors per month.

“We are excited and committed to working collaboratively with Namaste to bring to market our unique formulations. Namaste is an ideal partner based on their industry leading online presence and established customer base,” said Mr. Kent Deuters, CEO of MJ Biopharma. Read this and more news for Vinergy Resources at: http://financialnewsmedia.com/profiles/vnnyf.html

“We are very pleased to work with Vinergy to further expand our product line. This relationship represents continued monetization of Namaste’s database and we view broadening our strategic alliances to the benefit of our customers and shareholders,” said Mr. Sean Dollinger, CEO of Namaste.

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may…



Source: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=990

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.