Two insiders selling at Namaste Technologies (N)

Two insiders selling at Namaste Technologies (:N)

Updated Friday Jan 12, 2018 02:28 AM EDT
Philippus Johannes Theodorus van den Berg, CFO and Director, disposed of 600,000 Common Shares on a direct ownership basis at a price of $3.144 on January 10th, 2018. This represents a $1,886,400 divestment of the company's shares and an account share holdings change of -85.7%.

Kiranjit Singh Sidhu, a Director, disposed of 250,000 Common Shares on a direct ownership basis at a price of $0.870 on January 2nd, 2018. This represents a $217,500 divestment of the company's shares and an account share holdings change of -100.0%.

Namaste Technologies is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

Namaste Technologies Inc is a Canada-based company engaged in vaporizer and accessories distribution, social media and e-commerce, product design and manufacturing. It is involved in sales of vaporizers and accessories through e-commerce platforms. The Company offers Guru, which is a vaporizer that provides a solution to vaporize all of dry herbs, concentrates and liquids. The Company distributes its product through its e-commerce platform, as well as distribution agreements with wholesalers. The Company's brands include Namaste Vapes, Green Vapes, Grizzly Originals, Vape Gossip, VaporSeller and Groovy Vapes. The Company has over 30 e-commerce retail stores in approximately 20 countries and offers a range of brand name vaporizer products on the market. The Company markets its products in Australia, Brazil, the United States, the United Kingdom, Sweden, Israel, Mexico, among others.

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