Indiva Ltd V.NDVA.H

Looks Like

[Duster340]

canopy growth are turning things around. up 32% today, after regulation changes this could once again be the company that buys ndva prety sure it will be for more than the current stock price. lol

[lnggasfor202324]

I sold my canopy growth out at $73.00'sh a share the same time I sold my $40.00 calls for over $500,000.00 profit.  I don't buy speculative stocks anymore because I don't want tlo give the money back by taking unneccary risks.  I sold about a month before legalization and Canopy only went up more the day before legalization.

[geodcan]

I don't see Canopy taking control of Indiva because it doesn't really fit their asset lite model where they are subbing everything including their beverages which I held high hopes for. Contracting with Indiva gives them the option of going with somebody cheaper if it happens. I don't think Canopy could compete on the gummies by making them themselves but all of that being said

[caretired1]

It wouldn't make any sense for Canopy to devote any capital to Canada - they will need plenty to survie and to make the USA efficient.  Also, Indiva is the lowest cost roducer of edibles by a wide margin - no one can compete with them on cost so they will look to broaden producing for others which would not work for a CGC style buyer.  No Future is the future....