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Bullboard - Stock Discussion Forum Indiva Ltd V.NDVA

Alternate Symbol(s):  NDVAF

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... see more

TSXV:NDVA - Post Discussion

Indiva Ltd > Bad news?
View:
Post by Justj0nny on Jan 27, 2023 12:36pm

Bad news?

"

Health Canada has begun asking some federally licensed marijuana companies to stop selling certain ingestible cannabis products the regulatory agency says are incorrectly classified and labeled as “extracts” rather than “edibles,” MJBizDaily has learned.

The move could cost cannabis businesses millions of dollars, Canadian industry sources say, because the products in question – including some lozenges and chewable extracts – are increasingly popular among consumers."



https://mjbizdaily.com/canadas-crackdown-on-some-cannabis-extracts-could-cost-industry-millions/
Comment by caretired1 on Jan 27, 2023 2:37pm
Let's hope Niel and Smitherman can turn HEalth Can around on this fast!  
Comment by caretired1 on Jan 27, 2023 2:54pm
There is obviously demand. Folks out here in BC love the lozenges 
Comment by NSXCRAZY416 on Jan 27, 2023 3:00pm
Indiva is not in Breeche of this. not an issue
Comment by nedstar71 on Jan 27, 2023 3:14pm
Their lozenges wouldn't fall into the flagged category?  I think that is indeed what they're talking about.  
Comment by Justj0nny on Jan 27, 2023 3:18pm
I wonder if capsules fall under this as well?
Comment by nedstar71 on Jan 27, 2023 3:20pm
I doubt it
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