TSXV:NDVA.H - Post by User
Comment by
nedstar71on Jan 17, 2023 2:31pm
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Post# 35228742
RE:Gummies market shares
RE:Gummies market sharesEven still having 28% is great, but will be almost impossible to maintain with all the new entrants. Keep in mind these are just gummies with many producers likely using the same outsourced concentrate that Indiva does. Same buzz, same thc level etc. It's like a race to the bottom where in the end price will be what matters most. 20% is likely the most they can hope for when the dust settles, which is still a respectable market share.
As for baked goods while I know it's a small part of revenue, I've never quite understood that segment. As far as I'm concerned down a couple of cheap Indiva capsules and eat a bag of Oreos. You know you'll have the munchies anyway ;-)
Current bid 8.5 cents and ask of 9 cents. New all time low and no market interest whatsoever.
Assuming there are no covenants attached to the Sundial loan I'm not aware of?