Namaste Technologies Inc. reported audited earnings results for the year ended August 31, 2017. For the period, the company reported net revenue of $11.0 million against $3.5 million a year ago, an increase of $7.5 million or 215% year-over-year. The increase in net revenue is primarily due to organic growth, and the acquisitions of Australian Vaporizers PTY Ltd., URT1 Limited and Haze Industries Inc., which provided revenues of $2.1 million, $1.7 million and $1.3 million, respectively. Net losses were $17.4 million against $1.9 million a year ago, an increase of $152 million year-over-year. The increase in net losses is primarily due to $13.5 million in non-cash charges.