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 INDIVATM 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.
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.