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Indiva Ltd V.NDVA.H

Alternate Symbol(s):  NDVAF

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

Comment by nedstar71on Jan 17, 2023 2:31pm
150 Views
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?

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