Indiva Ltd NDVAF

Primary Symbol: V.NDVA.H

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 > Canopy price

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Comment by MacLovinon Oct 16, 2021 4:09pm

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Post# 34013849

RE:Canopy price

maybe - or even higher. However, as we started the conversation - looking at the Wana announcement by Canopy it is my take away that :

a) there is now one 1 take out option for Indiva now whereas before the annoucement there were many (so it certainly is not a 'sellers market'); and

b) I think canopy will consider taking Inidva out and will pay a decent price if they do that - but I just don't see them paying that type of premium if they hold all the leverage in the deal. Maybe a 25% premium - at todays share price that puts it at $0.54 - nowhere near your $1 target. Maybe Canopy will give pay 156%+ premium, who knows - just at the moment I am failing to see the catayst for Canopy to do that if they know they don't have to

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