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


➔ Indiva
TSXV Ticker: NDVA
OTCQX Ticker: NDVAF
Market Focus: Canada
Classification: Vertically Integrated
Country: Canada
Employees: 150 at 12/31/20
Established: 2015
CEO: Niel Marotta

Summary

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

Financials (06/30/21)

Cash on hand: $3.4 million
Fixed Investment: $22.7 million
Shareholders’ Equity: $19.0 million
Revenues – Last Quarter: $9.1 million
Adj. Gross Margin : 30.8%
EPS : -0.01

Capital Structure (08/23/21)

Last Financing: 25 million shares at C$0.44
Basic Shares: 136.2 million
Warrants: 17.4 million
Options: 8.1 million
Diluted Shares: 176.5 million

Company Brief

Indiva (Follow Company) is Canada’s number one producer and distributor of cannabis infused edibles. Based in London, Ontario, Indiva is a licensed producer of premium cannabis products. Indiva aims to be a clear Canadian leader in the cannabis industry by creating products that outperform the field in their quality and creativity.

In Canada, Indiva produces and distributes the award-winning Bhang® Chocolate, Wana™ Sour Gummies, Artisan Batch, INDIVA Capusles and Pre-rolls, Jewels, Ruby® Cannabis Sugar and Sapphire™ Cannabis Salt [coming in 2021], and other Powered by INDIVA™ products through license agreements and partnerships.

Featured Video



Highlights

  • Products sold in nine provinces and two territories, plus Medical Cannabis by Shoppers, CannMart & Abba Medix
  • 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

Growth Strategy

  • Distribution to largest Canadian cannabis markets with significant edibles market share
  • Strategic pricing strategy to deliver consumers premium products at reasonable rates
  • Revenue growth driven by new SKUs and product introduction; margin expansion driven by lower input costs
  • Entrance into the baked goods category via Slow Ride Cookies

Differentiators

  • Focus on leading Cannabis 2.0 with deep experience in consumer packaged goods
  • The partner of choice for global cannabis brands and Canadian licensed producers
  • Producer of Award-Winning Wana™ Sour Gummies and Bhang® Chocolate
  • 80 percent national store penetration in Canada

Curated Stories & News


Visit Indiva
at www.indiva.com

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.