Indiva Launches New Consumer Brand Indiva Life and Remains the National Market Share Leader in the Edibles Category

LONDON, ON, May 19, 2022 /CNW/ - Indiva Limited (the "Company" or "Indiva") (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the first fiscal quarter ended March 31, 2022. All figures are reported in Canadian dollars ($), unless otherwise indicated. Indiva's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). For a more comprehensive overview of the corporate and financial highlights presented in this news release, please refer to Indiva's Management's Discussion and Analysis of Financial Condition and Results of Operations for the Three Months Ended March 31, 2022, and the Company's Consolidated Financial Statements for the Three Months Ended March 31, 2022 and 2021, which are filed on SEDAR and available on the Company's website, www.indiva.com.