Indiva now shipping products to seven provinces
LONDON, Ontario, April 15, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that its wholly-owned subsidiary, Indiva Inc., has shipped its first cannabis-infused products to British Columbia. This shipment marks another significant step in Indiva becoming a national provider of premium cannabis products and gives the Company access to British Columbia’s rich cannabis retail environment. The first products that will be available in the province are Bhang® Milk and Dark Chocolate.
We’ve had our eyes on British Columbia for a while. With more than 170 stores, it’s a very important market for Indiva and one that we are thrilled to enter. We expect that our top-selling Bhang® Milk and Dark Chocolate will be available within the next two weeks.
Niel Marotta, President and Chief Executive Officer
INDIVA™ and Powered by INDIVA™ products like Bhang® Chocolate are now available in seven provinces.
The Company is also announcing that it has entered into an arrangement with Galavant Holdings Inc. (“Galavant”) to provide investor relations services. Under the terms of the agreement, dated April 14, 2020, the Company will pay $6,000 in cash at the outset and a further $24,000 upon completion of the initial 90-day term. The agreement with Galavant remains subject to customary TSXV approval.
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, and edible products and provides production, manufacturing and refinement services to peer entities. In Canada, Indiva produces and distributes the award-winning Bhang® Chocolate, Wana Sour Gummies, 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 LinkedIn, Instagram, Twitter and Facebook, and here to find more information on the Company and its products.
MEDIA CONTACT
Kate Abernathy
Vice President of Marketing and Communications
Phone: 613-296-5764
Email: kabernathy@Indiva.com
INVESTOR CONTACT
Steve Low
Investor Relations
Phone: 647-620-5101
Email: slow@Indiva.com
