My gut is telling me thatIndiva is going to be on the survivors list with them having lined up some serious co-makers that want to use Indiva's skill, know-how and facilities to manufacture some well respected brands of products for the Canadian market, all the while, pushing for the day the US swings the door open to some very formidable competition to US based MSOs and their product lines.
Indiva is considered number one for Canadian production and most noteable is Canopy signing them up for their well respected brand of gummies.
They have also come up with their own well respected brand of gummies and look to be on the survivors list as a simple value added co-packer who, if things go well with their co-packing, could be on the takeover list.
Lot of ifs, but I am on the bid for six figures of shares if it drops a bit more.
I am constantly on the hunt for multi-bagger potential and like to stock up by picking up tens or hundreds of thousands of shares at pennies.
I like Indiva for being a solid, value added co-packer which is pretty much a cost-plus business although I see they are still developing their own recipes with their know-how and gummies own a big part of the consumer market.
glta and dyodd