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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 caretired1on Jun 22, 2024 10:58am
88 Views
Post# 36101504

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

RE:RE:RE:RE:Watch what happens before Q2 numbers Shareholders will get nothing unless someone buys the company.  Under CCAA the company presents a business plan to its various creditor groups to vote on whether they accept how much they will be paid to get out of this mud.  The creditors now control the outcome with SNDL now having the most influence and control.  
Unless somoene else really wants to own this, SNDL will get this co.
No one made any significant bid when the company hired their advisors to try and make a deal happen so there was no interest at any real value.  Will someone now offer 1 or 2 cents a shares and pay out SNDL?  I doubt it - put it at less than 5% chance.
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