Post by
geodcan on Apr 18, 2024 5:06pm
Canada is still draggin' anchor
it seems, to give the LPs and smaller players wings.
I followed some of the popular links and hate to say that most seem outdated.
Instagram Indiva was fairly good to describe and illustrate the finished products of Indiva.
Indiva is about 20% owned by Canopy and it is their intention to have them produce their Wana gummies for Canada and ???? Wana is a winning brand and should be good for Indiva but they also developed their own Indiva brand that it seems is on par with Wana.
It is not clearly identified as Canopy's Wana shares which may just be because it is outdated.
Not as bad as FB's Indiva website!
I haven't figured out if Wana has enough marketshare but Canopy is going forward with it's Americanization plan and if Indiva can crank the Wana and get them to the US market, it should be a winner for shareholders.
It would be great if the US could deliver a proper Federal legalization of rec pot for adults that would get all of the pro-pot States on the same page and deliver the same banking and brokering tools to the cannabis industry that every other industry in the US has.
Alcohol is a dangerous drug and sells freely across North America and the rest of the world, so pot needs the same to really arrive.
Indiva is a value added producer with their own lines of skus but it is the confined to Canada problem that is hindering it's success.
I am hopeful that their number one manufacturer for Canada's edibles pedigree is enough market to give them success and I am on the bid for more shares, if it comes to me.
The anticipated nr could move the needle ( shareprice) and they also represent Bhang which would be a good takeover target for somebody and Indiva cranked out their skus more successfully in Canada than Bhang has done in the States and it is another winning brand that has been beat down from management abandonment but is still an International prospect in 5 countries, last time I looked.
There will be takeovers and failures! Indiva seems like it is in a good place with experience, a good bunch of co-packers lined up and now they just need a better marketplace and that would be the US which is happening one State at a time, sadly, because their fiddling around to Federally legalize pot is going to cost them a US greenrush.
Canopy got a 25% uptick today as investors recognized that it is still a leader and have made some forward moves to be a US MSO.
Canadian made products are some of the best and safest in the world because of our tracking and inspecting protocol and already cross International boundaries and will get US approval when the Americans force their politicans to deal with the legalization in a fair manner.
glta and dyodd