The Toronto-based company announced Thursday that it signed a new agreement with Seedo Corp (OTCMKTS:SEDO) subsidiary Eroll Grow Tech Ltd to sell the fully-automated Seedo home grow device to Namaste’s global customer base.
Seedo is an agricultural technology company that produces a fully automated and controlled indoor home growing machine to grow hemp, herbs and vegetables.
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Calling Seedo’s home grow devices “innovative and ground-breaking,” Namaste’s interim CEO Meni Morim hailed the inclusion of the products in Namaste's marketplace.
"Our goal is to create the most unique and personalized experience for users seeking innovative devices, and Seedo's home grow unit is ready for Europe now and expected to launch on Namaste's Canadian properties very soon,” Morim said in a statement.
Seedo CEO Zohar Levy said that the agritech company is looking forward to working with Namaste, citing the online marketplace’s extensive distribution and wide reach within the cannabis space.
"We are setting our sights on new market segments and successfully expanding around the world,” Levy said. “This relationship will introduce European consumers to automated growing technology and will give them the capabilities to grow their own plants – hemp, vegetables, fresh herbs, and flowers – at home."
The products are expected to launch on Namaste’s websites CannMart.com and Namastevapes.ca in the third quarter of 2019.
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