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Bullboard - Stock Discussion Forum 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... see more

TSXV:NDVA.H - Post Discussion

Indiva Ltd > BNN Bruce Campbell on Indiva (NDVA) Takeaways
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Post by davgro on Aug 22, 2022 12:34pm

BNN Bruce Campbell on Indiva (NDVA) Takeaways

Bruce Campbell was on BNN Market Call today and commented on Indiva (NDVA).
  • continues to hold a position in their Stonecastle Cannabis Growth Fund
  • feels company differentiates itself from competitors with its "premium" products and continues to benefit by its license agreement with Wana Brands
  • still feels that company is a takeout target down the road, possibly by Canopy Growth (WEED)
  • has had a "bumpy road" with respect to revenue last few quarters but attributes no fault to the company but blames provincial cannabis stocking/distribution issues
  • he provided no new target price but is surprised by how low the stock price currently trades
Comment by QCINDIVALUVIN on Aug 22, 2022 12:49pm
Thanks, didn't get to watch it. 
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