Bullboard - Stock Discussion Forum 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... see more

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TSXV:NDVA.H - Post Discussion

Indiva Ltd > Estimates

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Post by caretired1 on Aug 08, 2021 9:22am

Estimates

Good info in their investor presentation now updated as q3. It shows April and May retail sales for edibles at 13 million per month and their market share of edibles at 51 and 53% for those months! If retail is 50% markup then wholesale revenue for Indiva is 13x51%x50% and 13x53%x50% or 3.3+3.4 million for April May. June will be higher with lockdowns off so q2 revenue should be 9+ million!?
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