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

Get updates on Indiva Ltd delivered in your email.

TSXV:NDVA.H - Post Discussion

Indiva Ltd > OUTLOOK ( copy from YE report )

View:

Post by TimeBuilder on Apr 18, 2023 1:57pm

OUTLOOK ( copy from YE report )

Outlook = ;>O

The Company expects that Q1 2023 net revenue will be down slightly on a sequential basis, but higher year-over-year, due to the benefit of broader distribution of new products, offset by lower sales of ingestible extracts. Margins are also expected to improve sequentially in Q1 2023 due to the benefit of the implementation of automation in the production and packaging of edible products. Indiva also expects to continue to drive growth through innovation and introduction of new products across our national distribution platform in 2023.

211