() () announced it has signed an agreement with Cannvas MedTech Inc (CSE:MTEC) to share revenue from co-branding and marketing behind the Namaste medical cannabis patient portal and the Canvass cannabis education platform.
Under the agreement's terms, Cannvas and Namaste will build and deploy technologies driving customer services between their respective company platforms.
Namaste gets over 600,000 monthly visits to their e-commerce sites with a database of approximately 1.5 million users. In Canada, Namaste has developed the country's first cannabis telemedicine app, available on iPhone and Android devices, allowing patients to connect to doctors or nurse practitioners for consultations within 15 minutes from sign-up.
Canada will be legalizing recreational cannabis in October and companies are trying to position themselves in the space.
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is based in Vancouver. It operates the largest global cannabis e-commerce platform with 32 websites in more than 20 countries under various brands.
Its product offerings through subsidiaries include vaporizers, glassware, accessories, CBD products, and the company will soon be selling medical cannabis in the Canadian market, subject to approval by Health Canada.
Cannvas MedTech, on the other hand, is a leading business technology company in the cannabis space.