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VIDEO: Indiva Ltd (CVE:NDVA) Licensing Successful US Brands in Canada

Friday, October 12, 2018 9:01

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Indiva Ltd (CVE:NDVA) (FRA:T8RP) President and CEO Niel Marotta discusses what the company’s new sales license and onboarding of patients this quarter means for revenue. Indiva is licensing successful US-based brands into Canada in the anticipation of eventual legalization of edibles and other cannabis-infused products. Indiva has a partnership with Bhang, a large edibles company, to distribute its branded products. The company also has an agreement with Ruby, a producer of “flexible edibles” (cannabis-infused salts and sweeteners). Indiva is the only LP operating in London, Ontario and Marotta believes both the city size and the facility’s proximity to Highway 401 will be a benefit to Indiva. Indiva’s London base is both a cultivation and retail space and is fully funded to complete the buildout of that facility.

Original article: VIDEO: Indiva Ltd (CVE:NDVA) Licensing Successful US Brands in Canada

Source: https://midasletter.com/2018/10/video-indiva-ltd-cvendva-licensing-successful-us-brands-in-canada/

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