Indiva Limited Looks to Bring Cannabis-Infused Edibles to Canada Thanks to Licensing and Manufacturing Agreement with Grön
The Dank Investor Posted On December 15, 2021 
Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles, announced that it had entered into a Licensing and Manufacturing Agreement with Oregon-based Grön, to bring Grön’s innovative cannabis-infused edibles to Canada.
Since Indiva has already been successful in producing and distributing its chocolates and gummies in Canada, the launch of Grön products would further increase the company’s edible portfolio in the country.
The initial term of the agreement is only for five years, but it will automatically renew for three additional five-year terms.
ABOUT INDIVA
Indiva Limited produces and distributes pharmaceutical cannabis products made of cannabis flowers and oil extracts, and sets the standard for quality and innovation in cannabis.
The company is a Canadian licensed producer and distributes award-winning products like Wana™ Sour Gummies, Bhang® Chocolate, Jewels Chewable Tablets, Slow Ride Bakery Cookies, Sapphire™ Cannabis Salt, Ruby® Cannabis Sugar as well as capsules, pre-rolls, and premium flower under the INDIVA and Artisan Batch brands.
ABOUT GRÖN
Grön was founded by Christine Smith in 2015, and is a women-led and owned multi-state producer of adult-use cannabis-infused edibles.
It is based in Portland, Oregon, and is one of Oregon’s leading producers and fastest-growing distributors of cannabis edibles. Grön’s ingredients are organic, single-origin, Fair Trade Certified, and locally sourced as much as possible.
Its products in the US markets include cannabis-infused chocolate, Sugar-Coated Pearls, Mega Pearls, Candy-Coated Chocolate Pips, as well as Hemp CBD and adaptogen-infused chocolate, vegan fruit chews, tinctures, and skincare.
Product innovation has all along been the company’s main focus, and ever since its inception it has led the cannabis edibles category in its markets. Grön currently manufactures and distributes its products across four US states, namely, Arizona, Nevada, Oklahoma, and Oregon, where cannabis use is legalized under state laws, and it distributes CBD-infused products in international markets.
About the Partnership
Niel Marotta, CEO of Indiva, said that his company was delighted to partner with Grön to bring their innovative, original, high-quality edible products to the Canadian market.
Indiva remained committed to growing its top-line and market share organically in Canada by bringing to market products that delighted its customers while expanding the selection of legal cannabis edibles in Canada.
He added that the agreement would allow Indiva to do that since it gave access to new products unique to the Canadian market and complementary to the company’s existing portfolio of cannabis edibles.
Christine Smith, Founder, and CEO of Grön, said that her company was excited to partner with the Indiva team to bring what Grön’s team believed were the best-tasting edibles in the market. She added that Indiva’s commitment to product consistency and industry support gave Grön confidence that Indiva would be exceptional stewards of the Grön brand.
According to her, Grön’s cannabis-infused edibles are the perfect addition to the Canada adult-use cannabis market, bringing the ‘Edibles 2.0’ to the community through the company’s innovative effect-driven cannabinoid ratios, refreshing gummy and chocolate flavors, made with high-quality ingredients.
Indiva intends to begin production of Grön products in Canada as soon as possible, with initial deliveries to provincial wholesalers expected to start by the second quarter of 2022.
