Indiva Ltd V.NDVA

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.

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Indiva Ltd > Market share

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Comment by Bronson123on Feb 17, 2021 4:25am

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Post# 32582015

RE:Market share

babedinkleman wrote: The thing that kinda disturbs me is with such a great share of the market how piss poor their revenue still is. Canada clearly isn't doing anywhere the 'legal' business people (or dreamers) thought it would. Even in a perfect world if these guys get half the edibles market I still think their profits will be lackluster at best. If anything there is going to be more competition down the road and I don't tthink the number of Canadian's that are 'partaking' is increasing much if at all so how does this end? If this is how they are doing with one third of the market that doesn't really bode well for the future. And hey this isn't a company problem it's a 'stuck in Canada' problem. I've wondered if the weed/edible business is really viable in Canada for some time and the numbers Indiva is coming out with imakes me think it isn't. Not that there isn't a business.....but what's a business worth that does a few hundred grand or even a million profit a year with very limited growth being stuck in Canada? 25x earnings puts it at 25 cents a share on a million profit....and that's a long way away if at all in Canada. Hopefully someone buys them out?

noted....

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One of the strongest contenders to lead Canada’s cannabis market