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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 Clintcoinon Jun 06, 2024 1:11pm
64 Views
Post# 36075715

RE:RE:RE:potentially tweed

RE:RE:RE:potentially tweed Yea I mean it would be silly for Tweed to try to sell all their shares, given there's very little liquidity. they would probably have to unload the majority of the shares at a cent or less in the open market if they sold them all at once.

I just think if they have inside information and their response is to sell shares, it's probably not a good sign.

Hopefully they don't know much more than we do and they are just rebalancing their investments. Selling a million shares when you have 34 million doesn't necessarily mean anything, but it may.

The recent selling of the shares resulted in Tweed dropping below 20% ownership of Indiva, which may be a requirement stipulated by a new owner in a buyout deal, who knows.
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