Namaste Technologies Inc. announced that it has signed a Global Digital Reseller-Supply Agreement with Phivida Holdings Inc. As key terms in the agreement, Namaste has been approved as the preferred global online retailer and digital affiliate marketing partner for Phivida's product line of premium hemp-derived Cannabidiol ("CBD") infused functional beverages and clinical health products. The agreement includes a global online territory, targeting the launch in Germany and Australia (the "Territories"). The terms of the agreement Namaste has exclusive rights for online retail of Phivida's products in the Territories, The Agreement is valid for a 24-month period. The Agreement payment terms are net 30 days. Namaste shall be responsible for delivery costs. Namaste will under no circumstance retail PHIVIDA products for a price that is less than the regular retail price at which the products are advertised on PHIVIDA's website. The agreement states that all online product marketing expenses within the Territories will be shared equally between PHIVIDA and Namaste. The agreement is subject to obtaining a legal opinion from a designated legal firm, agreed to by both parties.