INDIVA Stock (TSXV: NDVA) (OTCQX: NDVAF) - Investor Dashboard

Market Focus: Canada
Classification: Vertically Integrated
Country: Canada
Employees: 95 at 12/31/19
Established: 2015
CEO: Niel Marotta


Fiscal Year-End: December
Facilities: 1
Dried Flower: Production
Extracts: Yes
Headquarters: London, ON

Financials (03/31/20)

Cash on hand: $1.1 million
Fixed Investment: $19.5 million
Shareholders’ Equity: $17.6 million
Revenues – Last Quarter: $2.0 million
Adj. Gross Margin : -17.0%
EPS : -.03

Capital Structure (06/05/20)

Last Financing: 17.3 million units at C$0.30
Basic Shares: 90.0 million
Warrants: 10.0 million
Options: 7.6 million
Diluted Shares: 123.0 million

Company Brief

Indiva (TSXV:NDVA) (OTCQX:NDVAF) is a Canadian licensed producer of premium cannabis and cannabis products, and a provider of extraction, manufacturing and refinement services. Indiva aims to be a clear Canadian leader in the cannabis industry by creating products that outperform the field in their quality and creativity.

Indiva sets the standard for quality and innovation in cannabis. As a Canadian licensed producer, Indiva creates premium pre-rolls, flower, capsules, oils, and edible products and provides production, manufacturing and refinement services to peer entities. In Canada, Indiva produces and distributes INDIVA, Wana Sour Gummies, Bhang® Chocolate, Ruby® Cannabis Sugar, Sapphire™ Cannabis Salt, Gems™, and other Powered by INDIVA™ products through license agreements, partnerships and joint ventures.

INDIVA High Quality Products

Bhang Powered by INDIVA

Wana Brands Powered by INDIVA


  • Distribution agreements with provinces including Ontario, Quebec, Alberta, Saskatchewan, British Columbia, Manitoba, New Brunswick, Nova Scotia and Yukon
  • Health Canada license edibles, extracts and topicals sales license
  • Strategic partnerships and investments with U.S.-based companies to produce and distribute the award-winning Bhang® Chocolate, Wana Brands Sour Gummies, Ruby® Cannabis Sugar, and Sapphire™ Cannabis Salt
  • Production partnerships with leading Canadian licensed producers like The Supreme Cannabis Company

Growth Strategy

  • Aggressive growth plan and focus on being a leader in Cannabis 2.0 and the chosen licensed producer for bringing global premium cannabis brands to Canadians
  • Distribution to largest Canadian cannabis markets with significant edibles market share
  • Driving revenue growth with new SKUs and product introduction in 2020
  • Comprehensive, customer-focused sales strategy
  • Entry into European market with acquisition of license in Denmark


  • Focus on leading Cannabis 2.0
  • Highly regarded and experienced management team
  • The partner of choice for global cannabis brands and Canadian licensed producers
  • Deep experience in consumer packaged goods
  • Strategic pricing strategy to deliver consumers premium products at reasonable rates

Institutional Analyst Coverage

Fundamental Research Corp.

Curated Stories & News


New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. INDIVA is a client of NCV Media, LLC. Read our full disclaimer.