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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

Post by davgroon Aug 22, 2022 12:34pm
243 Views
Post# 34911654

BNN Bruce Campbell on Indiva (NDVA) Takeaways

BNN Bruce Campbell on Indiva (NDVA) TakeawaysBruce Campbell was on BNN Market Call today and commented on Indiva (NDVA).
  • continues to hold a position in their Stonecastle Cannabis Growth Fund
  • feels company differentiates itself from competitors with its "premium" products and continues to benefit by its license agreement with Wana Brands
  • still feels that company is a takeout target down the road, possibly by Canopy Growth (WEED)
  • has had a "bumpy road" with respect to revenue last few quarters but attributes no fault to the company but blames provincial cannabis stocking/distribution issues
  • he provided no new target price but is surprised by how low the stock price currently trades
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