Indiva Ltd NDVAF

Primary Symbol: V.NDVA.H

Healthcare

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

Indiva Ltd > 3.5 Cents

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Comment by Clintcoinon Jun 08, 2024 7:27pm

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Post# 36079586

RE:RE:RE:RE:RE:RE:RE:3.5 Cents

Although Indiva currently has negative equity, it recently experienced its best month ever in April 2024 and is recognized as Canada’s leading edible producer. With ongoing legalization efforts in the US and globally, and considering that Canada’s edible market is still in its infancy, there is significant potential for Indiva. Larger companies in the marijuana industry may look to expand into edibles, especially once legalization occurs in the US. This makes Indiva a prime takeover target. However, the main concern is whether Indiva can survive long enough to realize its potential. At a share price of 3.5 cents, the downside risk seems limited. I purchased more shares at this price in the past week, resulting in a larger position than I initially intended. We’ll have to wait and see how things unfold next week and hope for a favorable outcome.

Best of luck to everyone

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