Namaste Announces Commercialization of Grizzly Guru Vaporizer
– Momentum Public Relations –
Press Release: May 30, 2016
Namaste Technologies Inc. (CSE:N)(OTC PINK:NXTTF)(FRANKFURT:M5BQ) reports the launching of the Gurutm vaporizer, a handheld portable vaporizer that provides a seamless solution for vaporizing dry herbs, concentrates and liquids. The Gurutm will be manufactured by Grizzly Originals, the wholly owned manufacturing division of the Company. The Gurutm will be distributed through the Company’s sales divisions including NamasteVapes for e-commerce retail sales and its recently established wholesale division will manage sales to physical retail outlets.
The value enhancing attributes of the Gurutm include:
- Unique modular design with attachments that convert between a ceramic chamber for dry herbs and atomizer tanks for concentrates and liquids
- Works with all forms of herbal consumables
- Highly attractive and competitive pricing
- Glass and ceramic vapor paths
- Fully digital temperature control
- Lithium-ion extended life battery
- Full compatibility with accessories
To view Figure 1 (Fig 1.0 The Gurutm & Applications), click on the following link: http://media3.marketwire.com/docs/may{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}2030{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}20figure{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}201.jpg
The Gurutm has been designed to address significant gaps in the market. This product is the first fully effective and easily operable device for the vaporization of all types of dry herbs, concentrates, and liquids. The Gurutm will be produced at a cost that provides attractive gross margins for the Company as well as wholesale distributors, brick-and-mortar retail locations and e-commerce companies.
Management Commentary
Mr. Sean Dollinger, CEO of Namaste, comments: “The commercialization of the Gurutm demonstrates the vision of management to design, develop and commercialize products that address unserved market needs and generate strong gross margins. This aligns with the integration of our business model that allows Namaste immediate access to global sales channels. I am proud to say that the introduction of the Gurutm to the market represents a significant step towards the realization of our vision. I would also like to thank our product development team led by my long-time business partner and Co-founder of Namaste, Kory Zelickson, for their commitment to excellence and market leading innovation.”
To view Figure 1 (Fig 2.0 The Gurutm & Attachments), click on the following link: http://media3.marketwire.com/docs/may{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}2030{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}20figure{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}202.jpg
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger, Chief Executive Officer
Learn more by clicking here: www.namastetechnologies.com