Indiva Ltd V.NDVA.H

RE:RE:RE:RE:Wanna

[MacLovin]

I think you are wrong about 'Canopy can do nothing here until a permissive event in the US.'  From what I know of the deal, if it is like the last one they did, they will pay the purchase price to Wana right now and they will 'own and control' Wanna on day 1.  So, Canopy does call the shots on Wana right now.  However, it the deal does not become 'effective' until a permissive event - this is just to get around regulations, security laws and legal stuff does to cannabis still be a schedule 1 drug in the USA.

I think you are 100% right about 'CDN market is mouse nuts' to Canopy.  And i was in the same boat as yourself that whatever was happening in CDN was immaterial and not a pimple on the butt of canopy so them buying wanna will have no impact on Invida.  Until I watched that interview of canopy's CEO on the deal and he specifically called out CDN being a consideration of pulling the trigger on Wana.  Then I learnt that the WYLD team have, or are close to, making submissions to the Provinces.  WYLD - is much much much bigger and more popular gummie brand in the USA then Wana and if they plan on doing up here what they did in Cali when they launched - Indiva does NOT have the gun powder to keep up and nobody will have heard, or even remember, Wana in 6 months from now.  Trust me - the WYLD team are top notch and ruthless at CPC goods, distribution and branding.  That lead me to think that Canopy will have to step in a protect what Wana has created in CDN - as in that interview he says multiple times ;Wana is the largest gummie brand' and when pushed he said "you need to consider Canada".  They will not let that go down the drain and have pie on their face in 6 months from WYLD's entry in CDN - and they will not trust Indiva to protect what they have created.  So they will probably be 'forced' to step in and do something with Indiva (either take them out or terminate / buy out the Wana Agreement).  Either way canopy holds ALL the leverage and that ussually does not end up good for the other side when one side holds all the power.

Tell me - if canopy was to take out indiva (which everyone here is assuming is going to happen and drive this share price up) what does Indiva hold over Canopy that would make Canopy pay a premium?