Newly-licensed space doubles flower capacity and delivers rooms for Indiva to approach edibles
LONDON, ON, Oct. 21, 2019 /CNW/ – Indiva Restricted (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that Well being Canada has authorized its licence amendment, adding 10,000 square feet of production space, which includes 3 new develop rooms and two more processing rooms. This more square footage will, topic to applicable regulatory approvals, be utilised to manufacture edibles, raise Indiva’s flower production capacity, and allow new development in the production, manufacturing, processing and refinement arms of the small business.
We are excited to open up these 5 more rooms. This new space substantially increases Indiva’s income possible by adding additional capacity to our production, processing and refinement operations. The approval of this licence amendment powers the subsequent step in our journey infusing our cannabis into gourmet chocolate as nicely as other derivative goods.
Niel Marotta, Indiva’s President and Chief Executive Officer
We stand committed to following Well being Canada’s regulations and are proud to obtain clearance to continue forward with our approach to meet the expectations of our provide agreements with provincial wholesalers. We appear forward to bringing our exceptional cannabis and cannabis-infused goods to additional Canadians.
Indiva intends to start populating its 3 new flower rooms right away. The cannabis grown in this space is anticipated to be turned into flower, pre-rolls, oil and distillate. The two newly-licensed processing rooms are anticipated to be committed to Indiva’s pre-roll production and chocolate manufacturing operation.
Indiva is also pleased to announce plans to submit its proof package to Well being Canada for the final phase of its London, Ontario facility by the finish of October. After licensed, this will present an more 10,000 square feet of processing space.
Indiva’s international loved ones of cannabis brands set the normal for high quality and innovation. Indiva aims to bring its exceptional portfolio of goods to Canadians and cannabis enthusiasts about the globe as laws permit. Indiva’s production facility, primarily based in London, Ontario, contains aeroponic, environmentally-conscious develop rooms and a almost completed extraction and manufacturing space, which will be capable to approach 70 tonnes of biomass annually and create secure, higher-high quality cannabis-infused edibles. In Canada, Indiva will create and distribute Ruby® Cannabis Sugar, Sapphire™ Cannabis Salt and Ruby® Gems, as nicely as the award-winning Bhang® Chocolate, and other derivative goods by way of licence agreements and joint ventures. Click right here to connect with Indiva on social media and here to come across additional facts on the Business and its goods.
Original press release