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Indiva Ltd NDVAF


Primary Symbol: V.NDVA

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products, including dried flower, extract, and edible products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its products include edibles and capsules. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, Fudge Double-Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. It sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.


TSXV:NDVA - Post by User

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Post by HARJAYon Nov 24, 2023 10:52pm
260 Views
Post# 35752514

FYI

FYIThis  is from the BB of NDVA  from the  CEO site and is part of a reply to someone who asked  a question tthe hilighted  portion is FYI  and translates into a  $0.25  S / P. in mid  2024 or sooner witth a couple of good qtrs lie the last one.

I go to a fair number of investment conferences, and I've been a cannabis speculator for nearly a decade. Every person I talk to talks about the need for a industry catalyst - moves to federal legalization in the U.S., and safe banking. The CEO's talk to institutional investors who are waiting for federal legalization in America, and they will put money in as soon as that happens. So this should trade at 1x revenue in a mediocre market, which should happen in the second half of 2024. Any kind of sector catalyst, and this company being profitable could see a blue sky of 2x - 3x revenue. It's an easy four bagger from here barring a black swan, with the potential to be more. I like an assymetric position trade and Indiva qualifies at this point. GLTA, there been a lot of financial pain in this sector but you have to steel your nerves and keep going.
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