Indiva signs letter of intent with Société québécoise du cannabis

Indiva expands distribution of its cannabis products to Quebec

LONDON, ON, July 24, 2019 /CNW/ – Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (US:NDVAF) is pleased to announce it has signed a letter of intent with Société québécoise du cannabis (“SQDC”) to distribute Indiva’s cannabis products in Quebec. Indiva expects its pre-roll and dry flower products to be available for purchase upon completion of the Public Market Authority certification process. We expect more products, such as oil capsules, to follow shortly.

We are delighted to bring INDIVA^TM products to la belle province. The addition of the province of Quebec, together with our existing distribution in Ontario, connects us with approximately 17 million of-age consumers, representing more than 50 percent of Canada’s adult population.

Niel Marotta, President and Chief Executive Officer of Indiva

This is an important step forward in our growth strategy and signals our intent to deliver national brands and cannabis products across Canada.

In addition to Indiva’s pre-rolls and dry flower being available at the SQDC, Indiva hopes to deliver Bhang Chocolate in December and Ruby Sugar and Salt in 2020, as the law permits.

ABOUT INDIVA

Indiva’s global family of cannabis brands set the standard for quality and innovation. Indiva aims to bring its exceptional portfolio of products to Canadians and cannabis enthusiasts around the world as laws permit. Indiva’s production facility, based in London, Ontario, includes aeroponic, environmentally-conscious grow rooms and a nearly completed extraction and manufacturing space, which will be able to process 70 tonnes of biomass annually and produce safe, high-quality cannabis-infused edibles. In Canada, Indiva will produce and distribute Ruby Cannabis Sugar, Sapphire Salt, Ruby Gems, as well as the award-winning Bhang Chocolate, and other derivative products through license agreements and joint ventures. Click here to connect with INDIVA on social media and here to find more information on the Company and its products.

Original press release

Published by NCV Newswire

The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.