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Home Investments Press Releases Briefs

BRIEF: Namaste to Leverage YPB Group’s Product Verification Technology

D.M.O. Newswire by D.M.O. Newswire
June 27, 2018
in Briefs, Canada, Marijuana Stocks
Namaste Technologies announces Master Services Agreement with Australia-based YPB Group Ltd.

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Vancouver, BC — June 27, 2018 — /D.M.O. Newswire/ — Namaste Technologies Inc. (TSXV:N) (OTC:NXTTF) (FRA:M5BQ) announced the signing of a Master Services Agreement with Australia-based YPB Group Ltd. (ASX:YPB) to provide product verification and “consumer confidence solutions” to its customers.

Here’s What You Need to Know

  • YPB Group Ltd., founded in 2011, is an Australia-based product verification and customer engagement company.
  • Namaste identified the demand for its global customer base to have confidence in the products they are purchasing, and for vendors to have access to more detailed data on their end-users.
  • Namaste plans to introduce YPB’s solutions across its network of manufacturers and to Canadian Licensed Producers to bring certainty of authenticity and supply chain transparency to the entire legal cannabis industry globally.
  • “Our extensive tender process identified Australian-based company YPB as being able to deliver the most sophisticated forensic level anti-counterfeit security for brand protection. We are confident YPB’s Secure Supply Chain tracking will enhance trust in the legitimacy and integrity of the vast range of products and services being sold throughout the industry.,” commented Sean Dollinger, President and CEO of Namaste Technologies.

Click here for the full press release

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Tags: ASX:YPBFRA:M5BQlicensed producerNamaste Technologies Inc.OTC:NXTTFTSXV:NYPB Group Ltd.

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