Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move:
Interview with Neil Marotta, President and CEO of Indiva Limited (TSXV: $NDVA)
(OTCQX: $NDVAF)
Delta, Kelowna, BC –September 23, 2019
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In
today’s podcast I interview Neil Marotta, President and CEO of Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF) at the ICBC (International
Cannabis Business Conference) in Vancouver which took place September 15 -16,
where we discussed Indiva’s latest announcements and how the company is
preparing for “Cannabis 2.0” as federal regulations change in Canada this
October.
Neil discussed the company’s partnership
with Bhang Inc. (CSE: BHNG) (OTC: BHNGF) as well as Ruby Sugar and how that plays into their
strategy for Cannabis 2.0, saying “what we’re really excited for is cannabis
2.0, which we’ve been preparing for for a couple of years, and that’s through
our partnership with Bhang Chocolates. We’re in discussions for rolling out
those chocolates and we’re ready to make those. Then we also have the Ruby
Sugar salts and gems, that we also license, different company, different deal
but I’m also really excited for that. As much as I love the Bhang chocolate,
sugars and salts are really interesting as it allows you to bake your own
products with it, or add it to drinks or other foods that you like, as opposed
to buying a cannabis specific food. Also for places like Quebec, which are for
now at least saying they won’t allow chocolates necessarily day one. I think
sugar and salt are far less appealing to kids just sitting on the shelf, so we
think there’s a nice market there for us.”
When asked how Indiva and their partners
have helped prepare themselves for the launch of Cannabis 2.0 Neil continued,
“There’s a few different points. One is people. We’ve hired CPG executives who
have decades of experience making food. Whether that’s with General Mills or
Maple Leaf Food or Nestle, they know how to make food efficiently and profitably.
In terms of our partnerships with Bhang or Ruby, we’re not reinventing the
wheel. We’re really copying and pasting what they’ve already done with award
winning product. That goes further to ops as well where we’re working with some
of their engineers from their California licensee to help us design, commision
and ultimately start up our chocolate producing line, so that we get this
right, right away.”
To learn more about Indiva Limited or the
ICBC Conferences click the links attached below:
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