Indiva Limited (the “Company” or “Indiva”) (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles, is pleased to announce that it has entered into a Licensing and Manufacturing Agreement with Oregon-based Grön to bring its innovative and fun edibles brand portfolio to Canada. Following on Indiva’s success producing and distributing the top selling chocolates and gummies in Canada, the launch of Grön products in Canada will expand Indiva’s edible portfolio to include products with thoughtful, unique minor cannabinoid ratio combinations and form factors. The initial term of the agreement is for five years, automatically renewing for three additional five-year terms.

Founded by Christine Smith, the woman-led and owned edible brand Grön (pronounced “grewn”) is based in Portland, Oregon, and is one of Oregon’s leading producers and fastest-growing distributors of cannabis edibles.  Grön’s edibles portfolio includes candy-coated chocolate ‘Pips’, chocolate bars, gelatin gummy ‘Pearls’  and other novel edible products.  Grön currently manufactures and distributes its products across four US states, where legally permissible to do so under applicable state laws, and distributes its CBD-infused products into international markets.

“We are excited to partner with the Indiva team to bring what we believe are the best tasting edibles in the market today. Their commitment to product consistency and industry support gives us confidence that they will be exceptional stewards of the Grön brand,” said Christine Smith, Founder and CEO of Grön.

Indiva intends to begin production of Grön products in Canada as soon as possible, with initial deliveries to provincial wholesalers targeted for late Q2 2022.