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CannMart (TSXV:N) and Wabi Sabi brands enter supply agreement

Cannabis
TSXV:N
12 February 2021 13:00 (EDT)
edible cannabis

Wabi Sabi Brands enters the national medical cannabis market via a supply agreement with CannMart (N), a subsidiary of Namaste Technologies.

Namaste Technologies will offer Wabi Sabi’s artisan cannabis edible products on CannMart’s online medical cannabis sales platform.

“We look forward to working with the CannMart team to supply our premium artisan edible products to the medical market across Canada,” said Todd Pringle, President & CEO of Wabi Sabi.

“We are excited for CannMart’s patients to try our products that taste amazing and have terpene profiles to guide their experience,” added Pringle.

“We are pleased to welcome Wabi Sabi to CannMart, which will leverage the VendorLink platform as many new companies are increasingly seeing the added value Namaste’s innovative technology can bring to their organization,” said Chad Agate, CTO and VP of Marketplace of Namaste Technologies.

“We look forward to working closely with our new partner to expand their reach to Canadian cannabis consumers,” concluded Agate.

Under the agreement, Wabi Sabi will initially provide CannMart with chocolate edible bonbons and expand its offering with other unique cannabis edible products.

Wabi Sabi is a private Alberta-based manufacturer of high-quality cannabis edibles.

It uses the highest-quality ingredients, which include Belgian chocolate and full spectrum cannabis oil.

Wabi Sabi’s world-class facility meets Canadian regulatory compliance for food manufacturing safety, with strategies being implemented to certify Wabi Sabi to an even higher global standard (BRCGS).

Wabi Sabi is one of the only chocolate edible manufacturers in North America that use edible labels to ensure consumers can quickly identify products as cannabis edibles.

Namaste Technologies (N) 5.80 per cent and is trading at C$0.36 per cent at 12:24 pm EST.

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