TSXV:NDVA.H - Post by User
Comment by
MacLovinon Oct 16, 2021 4:02pm
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Post# 34013835
RE:RE:RE:RE:RE:RE:RE:RE:Wanna
RE:RE:RE:RE:RE:RE:RE:RE:WannaUnderstood - i get where you are coming from. maybe it is achievable - who knows but if anyone could do it Indiva might have the best chances to. But I just don't believe the numbers, nothing to do with Indiva or any of theirs products. I don't believe they will be nowhere near $80MM top line: a) market growth is slowing not increasing and the market will not grow that fast in 1 year and b) they already have something like 12 unique gummie products into the market and will all the competition increasing I believe it is unreasonable to think any provincial board has the capacity to allow Indiva to increase their product count to ~25. Go to your average retail store - they might carry 8 or 10 unique gummie offerings. There is no room on the retail shelves to doube the Indiva product offering without cannabilizing their current products. Just my thinking - but who know maybe we will see huge cannabis retail stores coming that carry unlimited products - industry is changing daily.