Indiva is a wholly-owned subsidiary of Indiva Limited (CVE:NDVA) (OTCQX:NDVAF), a Canadian producer of cannabis edibles and related products.
CannMart will sell Indiva’s CBD softgels and capsules as well as its Bhang chocolates and Wana sour gummies through its B2C distribution channels for medical customers, Namaste said.
"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,” Namaste CEO Meni Morim said in a statement Thursday.
“As we add more high-quality Cannabis 2.0 products from leading companies like Indiva, we look to drive additional customers, suppliers and revenue to CannMart.”
Indiva Limited CEO Niel Marotta called CannMart’s platform a natural choice for its products.
"Our softgels and capsules are highly regarded for their consistency and quality,” Marotta added.
The addition of Indiva comes as Toronto-based Namaste expands its Cannabis 2.0 product offering. Indiva’s line of products will be available on CannMart.com by the end of August, according to a release.
CannMart.com is an online marketplace that sells a large selection of legal cannabis products and accessories for medical cannabis patients and recreational users. CannMart also prepares, packages and distributes cannabis products through strategic relationships with government agencies.
Namaste also said that its annual general meeting in virtual online format only at 2.00pm EST on September 29.
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