Namaste Technologies is exceeding its own expectations. Due to its NamasteMD app, the Vancouver, British Columbia-based cannabis company has seen more success over the past couple of months than it originally forecasted.
NamasteMD App Sees Popularity Increase
Namaste Technologies is a Canadian cannabis company, and the organization develops medical cannabis consumption devices. Not too long ago, Namaste Technologies rolled out its NamasteMD app -- the first 100% medical cannabis telemedicine app in Canada. The app is available on both Androids and iPhone's.
The NamasteMD app provides Canadians with free consultations. Soon the app will provide healthcare services to rural communities in Canada that lack these services.
Previously, Namaste Technologies had a July 1 target date for its app. What was the target date for? Well, the company wanted to have at least 5,000 registered users on the NamasteMD app come Canada day. And not only did they hit 5,000, but they surpassed it by 1,000 users.
6,000 Users on the NamasteMD App
On Monday, Namaste Technologies informed the public of the news. In a press release, the company disclosed that it surpassed its July 1st goal, reeling in a total of 6,000 registered on the NamasteMD app.
It's not just that the app is bringing in users, it's killing it on all levels. Sure, users have spiked, but it also has a 4.9-star rating on Apple devices and a 4.7 rating on Android, which is just as impressive.
Now What?
Will the number of registered users on the NamasteMD app increase even more? Namaste Technologies seems to think so.
The Canadian cannabis company added on Monday that it believes the database will further accelerate during the second half of 2018. Why? Namaste Technologies will be implementing new marketing strategies and entering into various strategic partnerships.
The Namaste Technologies Stock (CVE:N)
How are people reacting to the news? Well, looking at the Namaste stock it's a little unclear. Remember, however, that the stock market has a mind of its own sometimes -- regardless of what a company announces.
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According to Google Finance, at 12:38 p.m. EDT, Namaste Technologies was trading at $1.41. This means the stock was down 2.08% at the time.
The Takeaway
Are you on the NamasteMD app? If you are, how do you find? Let us know in the comments below!
Featured Image: Twitter
