Indiva Ltd V.NDVA

Posted on the CEO site forum - FYI

[HARJAY]

@Cascadia Indiva has analyst coverage from Echelon, which is now part of P.I. financial. There are very few profitable cannabis companies, looks like Indiva is joining that group. I met Niel last week, and talked for a couple of hours. If you're looking for catalysts for the stock to go lower, it's a struggle to find any. The small cap market is close to a low point, cannabis is at a really low point, they don't need to do a financing to keep the lights on. Every product line is either number one in sales in Canada, or number two. Even without the regulatory changes which would be a game changer, their latest product lines and the change in Ontario taking a smaller markup on their product (Indiva didn't cut their price) means a larger gross margin on half their revenue. No Future looks to become Canada's price and volume leader. Changing the allowable THC content would at least double the size of the edibles market in Canada, and Indiva would be on a rocket ride. Nothing is guaranteed in the markets but even at this price it's an assymetric position trade with plenty of upside versus not much downside. Best wishes to all longs for a successful investment.