Investor PresentationNovember, 2019

Forward Looking Statement Disclaimer

This presentation contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Statements in this presentation that are not representative of historical facts or information or current condition may be deemed to be forward-looking information. Generally, but not always, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as, "may," "will," "should," "could," "would," "expects," "plans," "anticipates," "believes," "estimates," "projects," "predicts," "potential" or "continue" or the negative of those forms or other comparable terms. All of the forward-looking information herein is qualified by this cautionary statement.

Forward looking statements in this presentation include, but are not limited to: statements with respect to forward looking statements.

Forward-looking statements contained herein are made as of the date of this presentation and are based on assumptions management believed to be reasonable at the time such statements were made, including management's perceptions of future growth, results of operations, operational matters, historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While Namaste considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking statements are subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this presentation. Such factors include, without limitation: [risks relating to the Company's ability to execute its business strategy and the benefits realizable therefrom, risks specifically related to the Company's international operations, and risks relating to the market price of the Common Shares. Readers are cautioned that the foregoing list of factors is not exhaustive. Because of these uncertainties, readers should not place undue reliance on the forward-looking statements. No assurances are given as to the future trading price or trading volumes of Namaste's shares, nor as to its financial performance in future financial periods. Except to the extent required by applicable laws, Namaste does not intend to update any of these factors or any of the forward-looking statements contained herein, whether as a result of new information, future event or otherwise.

Namaste highlights

• Global leader – leading online platform for cannabis products, accessories, and responsible education

• Footprint – Namaste operates the most comprehensive online marketplace for cannabis products and accessories in the world; 24 unique websites, 5 warehouses, 20 countries, 3 continents

• Unique business model - working alongside global producers (LPs) to connect with their customer base. We do the heavy lifting, to enable vendors to connect with customers, while benefiting from supply chain pricing pressure.

• Scalable – leverage AI technology to operate the world’s first personalized platform where consumers can learn, interact, and seamlessly purchase the right product

• Strong balance sheet - over $49M in cash as at August 31st

• Strong competitive advantages in business to consumer (“B2C”) and business to business (“B2B”) markets

Namaste is a leading online marketplace, leveraging innovative technology at scale to deliver a holistic e-commerce experience for everything Cannabis. Our success is based on our customer-centric approach to commercial and consumer business opportunities.

Namaste AI Health

Customer Experience

Shopping Experience

Where does Namaste fit?

Are we a tech company?Or a cannabis company?

Neither.We’ve created an incredible online marketplace, targeting a billion dollar market, where

customers enjoy a one-stop-shop approach for everything Cannabis. We are in

Cannabis 1.0 PLUS 2.0 with products available today and more to come!

ProductTechnology Community

Pillars to success

Distribution

Expanding our cannabis marketplacethrough advanced technology

AI integration into the Namaste ecosystem

Namaste is in a unique position within the cannabis domain

We expect to deliver a true full-stack marketplace, that has

access to an unbelievable dataset. When it comes to

machine learning, nothing is more important than data

In the marketplace setup, we expect to have access to this data, as we facilitate the entire customer journey, from education to consumption, including:• Content sites• Telemedicine flow• Cannabis Marketplace• Delivery system e-comm sites• Uppy journaling app

Technology: Namaste AI

There are multiple use cases we can address using AI, but let’s take the most painful one. Which strain is right for you?

How does this relate to cannabis?

To answer this, let’s look at a standard doctor’s appointment flow

You go see a doctor, and tell them you have a really hard time sleeping.

The doctor reviews your medical history, examines and interviews you.She takes the information above, and combines it with:• Their past experiences with people with similar

symptoms• Their knowledge of the existing medications

She then prescribes you medication.

After a week you come back and say “Doctor, this made things even worse. I sleep a bit better now, but I have headaches and depression”

The doctor says “I see. This is a possible side effect for people with your specific history, let’s try medicine B”

Repeat until solved.

But what if….

…this doctor knew your medical history?

…and that of every other patient with a similar profile to you?

…this doctor knew the details about all the available medications for this condition?

…and they remembered the outcome for each time they prescribed that medicine to a patient ?

…this doctor could connect all that information within seconds?

How much better do you think their choice of medicine could be?

This is what we’re building with our cannabis A.I.

Case examples

Next step – building the recommender engine

We believe this flow will allow us to reduce the “trial and error” cycle significantly, and help

people get relief for their specific condition

much faster!

Jane Doe, a patient, indicates that:• She’s 170 cm tall• Weighs 55 Kilograms• She suffers from anxiety and depression

Jane purchases “Kosher Kush” that has the following characteristics:• Form: dry• THC level: 29%• CBN level: 0.5%• CBD level: 1%

30 minutes post vaporizing, Jane reports:• Stress relief: 8/10• Insomnia relief: 6/10• Depression relief: 8/10

Based on this flow, user profile and product profile, our algorithm was able to recommend [strain name here].

Further build a personal recommendation profile

Purchase across different brands

Bundle different products

Unparalleled shopping experience

Unbiased information, yielding personal recommendations

Unique product bundling

How is purchasing products from Namaste / CannMart different?

Online products - Cannabis 1.0

CANNABIS

Infused Oils

Dried Flower

Glass Tasters

Pre-Rolls

Shake

OTHER PRODUCTS

Hemp pet supplements

Multivitamins

Skin Care

Cannabis books

Odor Control

ACCESSORIES

Portable Vaporizers

Desktop Vaporizers

Grinders / Storage

Rolling Papers / Trays

Bongs / Pipes

Products - Cannabis 2.0

● On October 17, 2019 edibles, extracts and topicals were

legalized in Canada.

● Edibles market to be considerably larger than leaf.

As one example of our edibles market potential, Namaste has a 49% equity ownership in Choklat, a premium, small-batch chocolate manufacturer with existing sales in Alberta, with a goal to roll out in western Canada and beyond; provides entry into the THC or CBD-infused edibles market in the event proposed regulations are passed.

B2B - offering larger order to provincial markets where CannMart is able to leverage its compliance expertise, packaging, storage capacity, and value added services.

Distribution

B2C - delivering legal, dependable, quality medicinal cannabis to home, work, hotel, café or private venue free of charge

Namaste has created a Community. Our marketplace integrates high quality brands, global customers, licensed producers, and a customer-

centric approach to ensure a frictionless experience.

Moreover, Namaste is not a competitor to LPs or brands - we are an enabler.

50% of consumers use marketplaces to conduct their online transactions

> 67% within the next 5 years.

~Forrester Research

Customer Obsession

Integrated media

Extreme personalization

Marketplace platform

Network effect

Namaste’s marketplace for consumers

To help consumers cut through the noise that

surrounds cannabis health and wellness products,

and help them better understand their individual

needs, enable informed decisions and delivering a

frictionless shopping experience.

The Namaste ecosystem

NamasteMD – Integrated telemedicine application connecting medical clients with

health care practitioners

Namaste AI – The Uppy app powered by Namaste’s unique AI engine identifies the

right product and pairing to address specific medical cannabis requirements

CannMart – Namaste’s “everything cannabis store” offering clients a large variety of products and strains to fill their prescription needs

Findify – Namaste’s e-commerce machine learning application that personalizes online experiences in real-time; a Shopify Plus Technology partner

Namaste Vapes – Namaste’s global e-commerce businesses that sell vaporizers, glassware, and related

accessories

Global Market Opportunity: Just 5% market share potential is 101.4BN.

(Source: Cannabis Data Forrester Forecast & Accessories Data - BIS Research)

How we’re maximizing B2C opportunities

Streamlining the customer experience

Being available to the customer wherever they are (WhatsApp, Facebook Messenger, SMS)

Reliable, quick shipping

We offer the consumer the full spectrum from start to finish. From the initial consultation with a nurse practitioner at NamasteMD to product fulfillment and delivery from CannMart.

How we’re maximizing B2B Business Opportunities

Control the supply chain and develop closer relationships with suppliers.

According to Health Canada, there are approximately 194 LPs in Canada. There are tens of thousands of growers in California alone, growing more cannabis than the market needs. As global legalization proceeds, this number will only grow, leading to more producers, more products, and more competition.

This is the heavy lifting that we take on:

● Attracting qualified leads - using our integrated media strategy

● Compliance requirements - where needed, through our telemedicine, EHR and privacy platform

● CRO - through personalization, elevated UX

● Fulfillment - through our own warehousing network, 3PL or same/next day delivery network

● Customer support - with professional, knowledgeable domain experts

The next biggest opportunity? Cannabis 2.0

Extracts

Diversified product selection

CBD

Topicals

Whatever the future holds

Glass

Edibles

Financials - Business Drivers

Vapes

Namaste Vapes and Australian Vaporizers - the Company’s global

e-commerce businesses that sell hardware, including vaporizers,

glassware and related accessories.

B2C - CannMart

CannMart is a customer centric online marketplace servicing the medical cannabis marketplace in Canada and around the world

Replacing sales from discontinued online businesses

B2B - Strategic Partners

Product distribution to large customers including the The Ontario Cannabis Store, BC Cannabis Stores, Saskatchewan LGA, CannTx

Products are sold to the adult-use market through retail stores

03

01 02

Financial Information

Beginning in Q1 2019, the Company has been steadily replacing discontinued businesses with new revenue channels, thus shifting reliance away from current Vape sites.

We’ve attracted leaders who have already accomplished so much.

(Built Global Payments) (+20% Net Revenue, +7% Stock Price, Dethroned Adidas to Become #2 Sports Apparel Brand)

($0 - $1.3MM Attributed Social Revenue, +98% Brand Share of Voice, +1.1MM Social Audience)

(Built proprietary technology to leverage AI)

(Market leader in unaided brand awareness )

(Mobile UX, 15K+ positive reviews)(Increased organic sessions on category landing pages by 53%)

(Apple Design Award winners)

(UX Design, Biometric UX Testing)

Management Team

• Meni Morim, Chief Executive Officer

• Meni has 17+ years of software development experience, most of which has been spent leading teams developing new, bleeding-edge products in Tokyo, NYC, Tel-Aviv, Stockholm, and for Mamram.

• Annie Holmes, Chief Financial Officer

• Annie brings over 15 years of senior executive experience leading corporations through complex restructurings, international expansion and large capital transactions, and has held the chief financial officer position for a number of private companies.

• Dave Giardino, Chief Operating Officer

• Dave has spent the last 14+ years in various roles in the Operations field. He has managed significant global operations; focusing mainly on distribution, logistics & customer service where he has been fortunate enough to build amazing teams with some very successful brands.

Board of Directors

• Branden Spikes, Chairman

Mr. Spikes brings twenty years experience working as CIO for Elon Musk at Zip2, PayPal, Tesla, and SpaceX where he helped pioneer, architect, and build some extraordinary technology.

• Andrew Wilczynski

Mr. Wilczynski is a highly seasoned senior business leader with extensive experience with a wide range of start-ups and multinational corporations. Mr. Wilczynski had been a partner in PwC’s deals practice for 20 years and has advised on and led significant financial and operational restructurings and reorganizations.

• Baran Dilaver

Mr. Dilaver will guide the development of the CannMart online marketplace. He has served as CEO and COO at public and private companies, launched over a dozen well-known brands worldwide, and is an expert in cannabis and consumer packaged goods and is a frequent speaker at industry conferences.

• Laurens Feenstra

Mr. Feenstra is currently the Product Manager at Waymo. Prior to this, he worked on some of Google’s most well-known products such as Android, Search & Chromebooks. He holds degrees in Human-Computer Interaction and Artificial Intelligence from University of Groningen, Netherlands.

• Meni Morim

Key Strategies and Priorities

• We will continue to leverage technology and scale up CannMart.com revenue as new products and customers are unveiled and join respectively.

• Create a community where consumers can learn about health & wellness products, interact with a variety of brands and purchase effortlessly.

• Create meaningful partnerships to fuel growth in the marketplace while reducing supply chain costs

• Create and maintain thought leadership in medical and adult-use cannabis and health/wellness

• Strategic expansion into new geographies and demographics

When do we expand to new geographies?

When medical is legal

When adult-use is legal

When cannabis derivatives are legal (CBD)

TAM is larger than >$1B.

Strategically expand into new demographics and geographies.

When do we expand our demographic?

When there’s rapid, growing demand for a new product

with TAM >$1B

When said product is legalized

First new markets and demographics

UKCBD by Sep 2019

Cannabis by Q2 2020

AustraliaBy Q3 2020

USCA, CO, NY, MA - Q4 2020

(CBD) Q2 2021 (Adult-Use)

CanadaCBD and oils by Dec 2019

Edibles in Dec 2019

Nootropics and

supplementsGlobal, by Q1, 2021

Capital Markets Profile

• Common shares outstanding – 323.8 million

• Stock options – 13.5 million (average $1.55 exercise)

• Warrants – 30.2 million (average $3.15 exercise)

• Fully diluted – 367.5 million

• Market Cap - $123 million

• Cash - $49.1 million

50% of consumers use marketplaces to conduct their online transactions

> 67% within the next 5 years.

Namaste Highlights

• Global leader – leading online platform for cannabis products, accessories, and responsible education

• Footprint – Namaste operates the most comprehensive online marketplace for cannabis products and accessories in the world; 24 unique websites, 5 warehouses, 20 countries, 3 continents

• Unique business model - working alongside global producers (LPs) to connect with their customer base. We do the heavy lifting, to enable vendors to connect with customers, while benefiting from supply chain pricing pressure.

• Scalable – leverage AI technology to operate the world’s first personalized platform where consumers can learn, interact, and seamlessly purchase the right product

• Strong balance sheet - over $49M in cash as at August 31st

• Strong competitive advantages in business to consumer (“B2C”) and business to business (“B2B”) markets

Thank You

www.namastetechnologies.comir@namastetechnologies.com