Indiva announces initial supply agreement with the Ontario Cannabis Store
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LONDON, ON, Feb. 8, 2019, 07:56 ET /CNW/ – Indiva Limited (the “Company” or “Indiva“) (TSX:NDVA) (US:NDVAF) is excited to announce its first supply agreement with the Ontario Cannabis Retail Corporation (“OCRC”), doing business as the Ontario Cannabis Store (“OCS”).
This initial partnership will consist of two strains of pre-rolls, manufactured and shipped with care from Indiva’s London, Ontario facility. The products will be available on OCS.ca and to OCS Wholesale clients starting in April 2019.
“We are thrilled to be one of the first licensed producers that will have products on OCS shelves in time for the grand opening of all Ontario stores April 1st,” said Niel Marotta, President and CEO of Indiva. “I’m very thankful for our team’s hard work in getting Indiva to this milestone.”
Indiva’s wholly owned subsidiary is licensed under the Cannabis Act and is a supplier of high quality, medical grade cannabis and cannabis products. Indiva’s mission is to offer cannabis products that have a positive impact, improving lives and communities.
Indiva aims to become a house of global marijuana brands, recognized for high quality cannabis products. As marijuana laws liberalize in Canada and internationally, Indiva will expand its product offering to include safe edibles and other client-friendly cannabis products. In Canada, Indiva will produce and distribute Ruby Cannabis Sugar, Sapphire Salt, as well as Bhang Chocolate and other products through license agreements and joint-ventures respectively. In addition, as marijuana laws liberalize internationally, Indiva will use its Canadian operations as a platform to open new markets for its cannabis products.