TSXV:NDVA.H - Post by User
Post by
davgroon Aug 22, 2022 12:34pm
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Post# 34911654
BNN Bruce Campbell on Indiva (NDVA) Takeaways
BNN Bruce Campbell on Indiva (NDVA) TakeawaysBruce Campbell was on BNN Market Call today and commented on Indiva (NDVA).
- continues to hold a position in their Stonecastle Cannabis Growth Fund
- feels company differentiates itself from competitors with its "premium" products and continues to benefit by its license agreement with Wana Brands
- still feels that company is a takeout target down the road, possibly by Canopy Growth (WEED)
- has had a "bumpy road" with respect to revenue last few quarters but attributes no fault to the company but blames provincial cannabis stocking/distribution issues
- he provided no new target price but is surprised by how low the stock price currently trades