2021.10.27 16:34 eminedgdfgfd Indiva deserves more attention: 44% market share of Canadian cannabis edibles, positive adjusted EBITDA, #1 ranked edible product at the OCS (TSXV: NDVA)
(TSXV: NDVA) (OTCQX: NDVAF)
Indiva is the largest company in the Canadian edibles category with a 44% market share and the #1 ranked edible product at the OCS (Ontario Cannabis Store), Bhang Milk Chocolate. Out of the top 10 ten ranked products on OCS, 4 are Indiva products. They do sell traditional cannabis products as well, such as dried flower and pre-rolls, but their focus is to capitalize on the edible market. Indiva has a fully licensed, 40,000 square feet production facility that was acquired in February 2019 and at the time of this post, a market cap of $47.6m at $0.35 per share.
Indiva has signed exclusive Canadian licensing agreements with Wana and Bhang, which are the brands for the company's best selling products. Their licensing agreement with Bhang has an initial termination date of December 31, 2030, and is renewable for two additional five year terms. In February 2021, the license agreement with Wana was extended to a five-year term and may be extended for three additional five-year terms. Canopy Growth, looking to break into the US edibles market, recently acquired Wana Brands. Wana is looking to expand to 20 states before the end of 2022.
The team at Indiva is consistently looking for new business opportunities, and their successful track record confirms their capability of identifying and capitalizing on them as they appear.
A lot of Canadian investors are hesitant to invest in edible focused companies because they see that edible sales in Canada only account for 5% of the market. The thing is, Canada’s cannabis industry is still very young, and in mature markets such as California and Colorado, edibles make up over 15% of the market. Canada’s cannabis market is expected to mirror these mature markets in the US in the years to come.
Here are highlights from their Q2 results:
2021.10.27 16:34 gumiflex1 😌
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2021.10.27 16:34 Xela_saYs Who can think of a joke he hasn't heard before?
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2021.10.27 16:34 Fifaultimateteam-UK FIFA 22 Rulebreakers Official Release Date October 29 - Halloween Promo
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2021.10.27 16:34 Variant9991 We broke it 😂😂
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2021.10.27 16:34 RusoUkroKazakAndaluz Kulaks were peasants apparently
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2021.10.27 16:34 Jwhale96 💎 Dogebonk 💎 | 🚀 Trade with New Bonkswap DEX Aggregator | CMC Top gainers incoming | 5% earn / 5% burn EVERY transaction
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2021.10.27 16:34 luceis Logitech Options
Why is the software we are forced to use with the premium MX line such absolute trash?
No key combo or macro support. Why is there even a separate software line for the MX mouse series instead of using ghub. (why is not compatible with both)
You pride yourself on unified dongle support -- how about some unified software support.
You have left your MX users out in the cold for long enough - FIX YOURSELF LOGITECH!
Why would gaming mouse software have such robust offering while the premium software that you force us to use lacks the most useful elements that come with using a Logitech mouse.
Who is making and continuing to double down on these terrible decisions.
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2021.10.27 16:34 Over_Culture_353 ASMR Hospital Autopsy | Medical Examiner [Roleplay]
2021.10.27 16:34 Musical_Toad557 great tip from toanler larson
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2021.10.27 16:34 DemUnderground Blame GOP elites, not the grass roots, for the party's descent into madness and sedition
2021.10.27 16:34 3LProfessor What’s something someone told you that instantly made you go “umm yeah that’s bullshit”?
2021.10.27 16:34 stinkyanalseepage CCP BEST WORLD GOVERNMENT #1 TAIWAN DOESN'T EXIST
2021.10.27 16:34 Kaje26 IS COINBASE DOWN ON EVERYTHING FOR ANYONE ELSE??!
2021.10.27 16:34 WillfullyObscure Delicious, a sixties-inspired garage-rock tune recorded in GarageBand. Lots of reverb for stoned hippies ;)
2021.10.27 16:34 Leading-Gas- Spooky skull art!
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2021.10.27 16:34 AutoNewspaperAdmin [National] - New Orleans lost $200 million per week during the pandemic. How can the Big Easy bounce back? | PBS
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2021.10.27 16:34 Ok-Intern7625 i like taking in-game screenshots
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2021.10.27 16:34 turtelfucker Instituto de Tecnologías Limpias: demoledor informe de la comisión investigadora pide repetir la licitación de Corfo y enviar antecedentes al Ministerio Público
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2021.10.27 16:34 Ezraliah LF: Alolan Starters in Luxury ball TF: Items, some aprimons
Hello everyone. I'm looking to get the all the alolan starters in a luxury ball, in exchange I can give you some items like ability capsules, bottle caps, master balls, etc. I also have some aprimons like friend ball dratini, beast ball riolu, beast ball zorua, beast ball bagon, fast ball, galarian slowpoke, etc.
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2021.10.27 16:34 DominickDiCarlo SPOOKY & SCARY Team Ideas for Pokémon Brilliant Diamond & Shining Pearl!
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2021.10.27 16:34 DemUnderground Fox News's 'Craziest Trump Lie Yet' Revealed In 'Late Show' Segment
2021.10.27 16:34 SkirMernet Need quick advice
One room, 6 rack mounted UPSs. One of them is clearly overcharging and the battery is venting, because the smell is reaching three rooms over.
I can’t unplug them or unrack them to see which one is the culprit.
Any suggestions on how to identify?
All are showing healthy on the screen but the smell is unmistakable (not to mention toxic)
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2021.10.27 16:34 T_Wintz97 Buy these paper hands shib quick while it’s hot!!🚀
2021.10.27 16:34 stop-me-if-you-can Does the writing get insanely good in Season 5?
I recently began 30 Rock and am on to S5 E10. Somehow this season feels noticeably fresher, more creative and interesting than the last few. Was there any change on the show or is this just something I'm imagining?
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