Indiva enters manufacturing agreement with Dime Industries
by CM Staff
Indiva has already produced and distributed chocolates and gummies in Canada. The agreement will add vape and other hardware to its offerings in the country.
LONDON — Canadian producer of Cannabis edibles, has entered into a licensing and manufacturing agreement with California-based Dime IndustriesTM Inc. to bring its vape brand portfolio to Canada.
Indiva’s has produced and distributed cannabis chocolates and gummies in Canada. With the launch of Dime products in the country, Indiva expects to expand its portfolio to include vape products, incorporating proprietary hardware and cannabis formulations.
The initial term of the agreement is for five years, and it will automatically renew for three additional five-year terms.
“We are delighted to partner with Dime to bring their innovative brand of proprietary, high-quality vape products to the Canadian market,” said Niel Marotta, CEO of Indiva in a statement.
“This is our first entrance into the vape category in Canada, and we could not be more excited about the quality of our chosen licensing partner and their products. Indiva distributes products to all 13 provinces and territories in Canada, and remains committed to growing its top-line and market share organically in Canada -adding vapes to our portfolio of award-winning products is expected to help Indiva accomplish just that.”
Indiva says it intends to begin production of Dime vape products in Canada as soon as possible, with initial deliveries to provincial wholesalers targeted for Q3 2022.
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