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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

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Post by caretired1on Oct 04, 2023 10:22am
136 Views
Post# 35668890

Pearls

PearlsI'm (Mktg Leader Indiva)  very proud to announce that Pearls by gron has become the #1 brand of cannabis edibles in Ontario AND British Columbia in September, on both value AND volume!*

What's more, our top item, Blue Razzleberry, was the #1 selling single cannabis product in Ontario by units, across all categories - over 90,000 units of Blue Razzleberry were sold in September! In a previous post I stated that it was the #2 selling item in Ontario since July, but actually we were already #1 (I made a data oopsie) so it's great to know we've kept our streak alive.

In BC, for the month of September, Pearls occupied 6 of the top 9 spots on the $ Sales SKU ranking and, between Pearls and No Future, Indiva had 8 of the Top 10 selling edibles in BC. Similar to Ontario, Pearls Blue Razzleberry was also the #1 best selling cannabis item in BC by units, across all categories, with our Blackberry Lemonade coming in at #2.

Success like this doesn't come without a huge team effort, so congratulations to everyone at gron USA, the entire team at Indiva both in London and across the country, and our sales partners at Green Hedge for helping us make Pearls such a success story in Canada! We love working with our provincial and retail partners and look forward to keeping this momentum going, for a long time.

*Data source: based on provincial wholesale depletion information in $ Sales and Unit Sales, from OCS and BCLDB for the month of September, 2023.
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