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Indiva Ltd V.NDVA.H

Alternate Symbol(s):  NDVAF

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.H - Post by User

Comment by davgroon Jul 19, 2022 11:13am
137 Views
Post# 34834309

RE:RE:RE:No insiders buying

RE:RE:RE:No insiders buying
QCINDIVALUVIN wrote: Yes, they are around 2millions and won't have to raise money from what I got told but since then, the SP keeps dropping and no insiders are buying so it shakes my co fidence for sure

I wouldn't expect any possible upward momentum in NDVA stock price until after 2022 Q2 results.  Don't forget management's June 27th corporate update when they surprised investors with:

"Due to delays in deliveries of new products, and delays in provincial delivery appointments, the Company now expects net revenue to decline sequentially from Q1 2022. Excluding the impact of these delays, net revenue would have been higher on a sequential basis, as per the Company's previous guidance. The Company maintains its guidance for higher sequential and year-over-year net revenue growth in the second half of 2022, driven by new product introductions."

Thomson Reuters StockReports+ (see link below) states that the next expected financial report date is August 29th, 2022.

https://drive.google.com/file/d/1EVty5uTxdGjs33dihe_lnX7NJxVbiphB/view?usp=sharing
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