Indiva Secures Agreement With CannMart
20 Agosto 2020 - 9:00AM
Indiva Limited (the “
Company” or
“
Indiva”)
(TSXV:NDVA)
(OTCQX:NDVAF), a leading Canadian producer of cannabis
edibles and other cannabis products, is pleased to announce its
wholly owned subsidiary, Indiva Inc., has reached an agreement with
CannMart Inc. (“
CannMart”), a wholly owned
subsidiary of Namaste Technologies Inc.
(“
Namaste”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS:
NXTTF). The agreement will see Indiva’s CBD Softgels and Indica
Capsules available on CannMart’s B2C distribution channel for their
medical customers by the end of August, with Bhang® Chocolate and
Wana™ Sour Gummies to follow later in the year.
“CannMart is increasing its reach into the legal
Canadian cannabis market and is a natural choice for our
award-winning products,” said Niel Marotta, President and CEO,
Indiva Limited. “Our softgels and capsules are highly regarded for
their consistency and quality and will be available on the CannMart
marketplace in late August. Later this fall we look forward to
introducing our award-winning Bhang® Chocolate and WanaTM Sour
Gummies to the CannMart product universe.”
“Indiva’s CBD Softgels, Indica Capsules along
with Bhang® Chocolates and Wana™ Sour Gummies are a great addition
to CannMart,” said Meni Morim, CEO of Namaste Technologies Inc. “We
have made tremendous inroads in both the medical and recreational
sales channels and the investment we made in our processing and
distribution facilities has allowed us to expand our presence
within the legal Canadian cannabis market. As we add more
high-quality Cannabis 2.0 products from leading companies like
Indiva, we look to drive additional customers, suppliers and
revenue from CannMart. We are excited to add these high quality,
innovative products to our Cannabis 2.0 category and will work with
the Indiva team to grow the Indiva product offering on
CannMart.”
Namaste is adding Indiva’s product line to
CannMart, its online marketplace, as it continues to expand its
Cannabis 2.0 product offering. CannMart is an online marketplace
carrying a large selection of legal cannabis products and
accessories from many of the best cannabis producers in Canada and
around the world. It is focused on providing medical cannabis
patients and adult-use enthusiasts with access to the highest
quality cannabis products available. CannMart also prepares,
packages and distributes cannabis products through strategic
relationships with leading government agencies.
ABOUT NAMASTE TECHNOLOGIES
INC
With headquarters in Toronto, Canada, Namaste
Technologies is a leading online platform for cannabis products,
accessories, and responsible education. The company’s ‘everything
cannabis store’, CannMart.com, provides customers with a diverse
selection of hand-picked products from a multitude of
federally-licensed cultivators, all on one convenient site.
Namaste’s global technology and continuous innovation address local
needs in a burgeoning cannabis industry requiring smart
solutions.
Information on the Company and its many products
can be accessed through the links below:
NamasteTechnologies.comNamasteMD.comCannmart.com
ABOUT INDIVA
Indiva sets the standard for quality and
innovation in cannabis. As a Canadian licensed producer, Indiva
creates premium pre-rolls, flower, capsules, and edible products
and provides production and manufacturing services to peer
entities. In Canada, Indiva produces and distributes the
award-winning Bhang® Chocolate, WanaTM Sour Gummies, Ruby® Cannabis
Sugar, Sapphire™ Cannabis Salt 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.
CONTACTS
MEDIA CONTACTMeagan Kelly, Marketing and
Communications Specialist Phone: 613-979-6347Email:
mkelly@indiva.com
INVESTOR CONTACTSAnthony SimonePhone:
416-881-5154Email: ir@indiva.com
Steve LowPhone: 647-620-5101Email:
stevelow@indiva.com
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ADVISORY
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particular, this release contains forward-looking information
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necessary regulatory and other third parties’ approvals and
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cannabis industry. The forward-looking information contained in
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