Indiva Ltd 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. 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 product category includes edibles, capsules and tablets, and vape. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. The Company 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 > Current level 2

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Comment by caretired1on Jan 09, 2021 1:35pm

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Post# 32261527

RE:RE:RE:RE:RE:Current level 2

Re Canada, edibles market is 10 months old and gummies even less. Normal would be when Ontario has 1,000 stores and no lockdown - sorry western Canada, and Quebec allowing something. Then you would have a better idea how big is possible.
I think the ebitda target of 6-8 from Niel gets done in 2021 and maybe higher depending on Ontario and Quebec growth. At 10 million ebitda and 12x, thats a $1 stock which to me is real money from here.

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