Indiva Ltd V.NDVA

Primary Symbol: 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 > Cash

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Post by nedstar71on Jul 13, 2022 3:22am

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Post# 34819880

Cash

Given they had $2.4 million as of March 31 and it's now mid July they may be getting low on funds given the losses we've seen in previous quarters and the expected revenue decline in Q2 over Q1. At 17 cents they'd need to dilute 30 million shares just to come up with $5 million. The prospects of taking more debt from Sundial may be there but that isn't ideal. An annoucement on this soon?

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