This is the bottomin my opinion, only goes higher from here. Q2 a month away, is it possible they have a surprise in revenue to the possitve side, under promise over deliver maybe done deliberately, i know they are frustated with the stock price just like bruce campbell is. but what better way to stir up interest in the stock followed by strong guidance for Q3 and Q4. i think the stock moves higher before the release of Q2 and then pops when the financials are released, on revenue and mostly on Q3 + Q4 guidance my advice get in early.
glta
Corporate Update
The Company has received strong initial orders from the Ontario Cannabis Store ("OCS") for the load-in and launch of Grn Pearls gummies in Ontario . Initial deliveries of the first four Pearls gummie SKUs will occur in July 2022 and include unique flavours and cannabinoid profiles such as Blue Razzleberry 3:1 CBG:THC, Blackberry Lemonade 1:1:1 CBN:CBD:THC, Pomegranate 4:1 CBD:THC, and Sour Green Apple THC. Each container will contain five sugar-coated sphere-shaped gummies. Deliveries of Pearls to additional provinces is expected to occur in late Q3.
Indiva recently received final confirmation from the OCS for the listing of an additional 25 new SKUs, including five SKUs which will participate in the "Flow-through" program. These additional listings bring Indiva's OCS listings to a total of 60 SKUs, up from the current level of 35 SKUs. The newly accepted SKUs are across six brands: Indiva Life(including lozenges, cookies and chocolates), Artisan Batch, Grn Pearls (including three SKUs in addition to the initial four Pearls SKUs slated for the July launch described above), Grn Pips, Dime Vapes and Bhang Chocolate. All SKUs are expected to launch in Ontario in September and October 2022 , as well as additional provinces beginning in Q3.