Indiva

Indiva was a Canadian cannabis company headquartered in London, Ontario. Founded in 2015 by Koby Smutylo, Max Marion, and Niel Marotta, it operated in the regulated cannabis sector and developed products for both Canada's legal recreational market and its medical cannabis market. The company's activities covered the production and supply of cannabis and cannabis-derived consumer products rather than a single narrow product category. Its portfolio included THC- and CBD-containing dried cannabis flower, pre-rolls, capsules, and edibles. This mix positioned Indiva across several of the principal formats used by legal cannabis consumers: inhalable flower products, ready-to-use pre-rolls, oral capsules, and food-based edibles. The company also pursued partnerships and joint ventures to broaden its capabilities. In April 2018, Indiva entered a licensed joint venture with Deepcell and Ruby Edibles to produce cannabis-infused salt and sugar. It also maintained relationships involving Bhang chocolates and Wana gummies, linking the company with established cannabis edible offerings. In January 2019, Indiva completed an equity investment representing 9.9 percent of Cannabis Retailer RetailGo, identified as RGI in the available reference material. This investment reflected an effort to participate in the retail side of the cannabis value chain in addition to producing and supplying products. Indiva was formerly a publicly traded company, but it was delisted in June 2024. The available material does not establish whether the company continued operating privately, entered an insolvency process, was acquired, or otherwise ceased business after delisting; its present corporate status is therefore left uncertain.

Indiva was established in 2015 in London, Ontario, by Koby Smutylo, Max Marion, and Niel Marotta. It developed as a Canadian cannabis company during the emergence of the country's regulated cannabis industry, producing and supplying products for both legal recreational and medical channels. The company's product activities included THC and CBD dried cannabis flower, pre-rolls, capsules, and edible products. This assortment gave Indiva exposure to multiple consumption formats, including inhaled cannabis, prepared pre-rolls, oral capsules, and food-based products. The company also pursued external relationships to expand its product capabilities. In April 2018, it entered a licensed joint venture with Deepcell and Ruby Edibles focused on cannabis-infused salt and sugar. Indiva additionally had relationships involving Bhang chocolates and Wana gummies. In January 2019, Indiva completed an equity investment of 9.9 percent in Cannabis Retailer RetailGo, referred to as RGI in the available source material. The transaction connected Indiva with a cannabis retail business and represented an expansion beyond manufacturing and product supply into another part of the industry value chain. Indiva was formerly publicly traded. It was delisted in June 2024. The supplied sources do not provide enough information to determine whether delisting marked the end of the business, a transition to private ownership, a restructuring, or another corporate outcome. Accordingly, Indiva's current status is recorded as unknown rather than definitively active or defunct.

• 2024

  Delisting

  [1]Indivaen.wikipedia.org

  Indiva was delisted in June 2024.

• 2019

  Investment in Cannabis Retailer RetailGo

  [1]Indivaen.wikipedia.org

  Indiva completed an equity investment representing 9.9 percent of Cannabis Retailer RetailGo.

• 2018

  Licensed edible-ingredient joint venture

  [1]Indivaen.wikipedia.org

  Indiva entered a licensed joint venture with Deepcell and Ruby Edibles to produce cannabis-infused salt and sugar.

• 2015

  Indiva is founded

  [1]Indivaen.wikipedia.org

  Koby Smutylo, Max Marion, and Niel Marotta founded Indiva in London, Ontario.

A Canadian cannabis producer and supplier serving regulated recreational and medical markets, with activity spanning inhalable, oral, and edible formats and supported by product and retail partnerships.

• Cannabis flower

  Dried cannabis flower

  Indiva produced and supplied dried cannabis flower containing THC and CBD for Canada's regulated recreational and medical cannabis markets.

• Inhalable cannabis

  Pre-rolls

  Pre-rolled cannabis products formed part of Indiva's consumer portfolio, providing a prepared alternative to loose dried flower.

• Oral cannabis

  Cannabis capsules

  Indiva supplied cannabis capsules as an oral product format for regulated cannabis consumers.

• Cannabis edibles

  Cannabis edibles

  Edibles were part of Indiva's product activities, including relationships associated with Bhang chocolates and Wana gummies.

• Edible cannabis ingredients · 2018

  Cannabis-infused salt and sugar

  These infused ingredients were the focus of the licensed joint venture Indiva entered with Deepcell and Ruby Edibles in 2018.

• 2024

  Public-market delistingOther

  Background

  Indiva had previously operated as a publicly traded company.

  Action taken

  The company was delisted in June 2024.

  Aftermath

  The supplied sources do not establish whether Indiva continued as a private company, was acquired, entered restructuring, or ceased operations.

  Source

• 2019

  Minority investment in Cannabis Retailer RetailGoM&A

  Background

  Indiva pursued exposure to cannabis retail in addition to its production and supply activities.

  Action taken

  Indiva completed an equity investment representing 9.9 percent of Cannabis Retailer RetailGo.

  Aftermath

  The available material does not describe the investment's later outcome.

  Source

• 2018

  Joint venture for infused ingredientsStrategy

  Background

  Indiva sought to expand its cannabis edible capabilities through a licensed relationship with Deepcell and Ruby Edibles.

  Action taken

  The company entered a joint venture to produce cannabis-infused salt and sugar.

  Aftermath

  The available source confirms the joint venture and its intended products but does not provide further performance or duration details.

  Source

• 2021.12.15

  Reported2021.12.15

  Indiva and Grön enter Canadian licensing and manufacturing agreement[2]Indiva与Grön签订加拿大许可及生产协议prnewswire.com

  Indiva announced that it entered a licensing and manufacturing agreement with Grön to bring Grön’s edibles brand portfolio to Canada. The agreement has an initial five-year term and may renew for three additional five-year terms.

Read more

1. 1Indivaen.wikipedia.org
2. 2Indiva与Grön签订加拿大许可及生产协议prnewswire.com