Regulatory approval paves the way for Indiva to bring award-winning products to Canadian consumers
LONDON, Ontario, Feb. 03, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that it has received its edibles, extracts and topicals sales licence from Health Canada. This approval enables the Company to deliver extracts, capsules and its portfolio of award-winning edibles to Canadians.
To say we are excited to receive this sales licence is an understatement. This sales licence is transformational for Indiva as it allows us to enter new markets and product categories and distribute products nationally. We believe that delivering Canadians truly exceptional and innovative products is our calling and through that passionate pursuit, we can normalize cannabis use.
Niel Marotta, Indiva’s President and Chief Executive Officer
There are millions of Canadians who would like to consume cannabis, but prefer to avoid smoking. Indiva intends to be the solution for those consumers by providing chocolate, sugar, salt, fruit chews and more. We look forward to fulfilling existing purchase orders and having our products available to consumers, on shelves and online, at the earliest opportunity.
Indiva intends to immediately ship products to provincial wholesalers including Ontario, Nova Scotia, Alberta, Saskatchewan, Manitoba and British Columbia. The first edible products coming to market are the award-winning Bhang® Milk and Dark Chocolate bars. These sustainably-sourced and fair-trade chocolate squares contain 10 mg of THC and are scored into four pieces, so they are perfect for sharing. Additional products, including Bhang® CBD Chocolate bars, will be available later in 2020.
ABOUT INDIVA
Indiva sets the standard for quality and innovation in cannabis. As a Canadian licensed producer, Indiva creates premium pre-rolls, flower, capsules, oils, sprays and edible products and provides production, manufacturing and refinement services to peer entities. In Canada, Indiva produces and distributes the award-winning Bhang® Chocolate, Ruby® Cannabis Sugar, Sapphire™ Cannabis Salt, Gems™, and other Powered by INDIVA™ products through license agreements, partnerships and joint ventures. Click here to connect with Indiva on social media and here to find more information on the Company and its products.
MEDIA CONTACT
Kate Abernathy
Vice President of Communications
Phone: 613-296-5764
Email: kabernathy@Indiva.com
INVESTOR CONTACT
Steve Low
Investor Relations
Phone: 647-620-5101
Email: slow@Indiva.com
