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Indiva Ltd V.NDVA.H

Alternate Symbol(s):  NDVAF

Healthcare
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

Indiva Ltd > Watch what happens before Q2 numbers
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Comment by ngnr4vron Jun 21, 2024 12:28pm
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Post# 36100190

RE:RE:RE:Watch what happens before Q2 numbers

RE:RE:RE:Watch what happens before Q2 numbers My read on the CCAA process is that there is an OPTION to address shareholders, but I don't think it's typical given that shareholders are last in priority.  I would dearly love to be proven wrong in this case, given the size of my position.  But I don't see what incentive there would be to Sundial (or another bidder) - why give any portion of the reorganized company away if you are buying it? A share consolidation like suggested below would be the best outcome for me at this point, but I'm assuming any consolidation will be more like 100:1, not 10:1.


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