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

Market Focus: Canada
Classification: Vertically Integrated
Country: Canada
Employees: 27
Established: 2015
CEO: Niel Marotta


Fiscal Year-End: December
Facilities: 1
Dried Flower: Production
Extracts: No
Number of Patients: N/A
Headquarters: London, ON

Financials (09/30/19)

Cash on hand: $0.5 million
Fixed Investment: $16.6 million
Shareholders’ Equity: $21.3 million
Revenues – Last Quarter: $185K
Adj. Gross Margin : 14.5%
EPS : -.03

Capital Structure (11/29/18)

Last Financing: C$1.5 million Converts at $0.25
Basic Shares: 83.6 million
Warrants: 28.1 million
Options: 5.0 million
Diluted Shares: 116.7 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.

Based in London, Ontario, Indiva’s state-of-the-art facility includes aeroponic, environmentally-conscious grow rooms and an extraction and manufacturing space, which can process 70 tonnes of biomass annually and produce safe, high-quality cannabis-infused edibles.

The company is licensed by Health Canada to sell its edibles, extracts, and topicals. Indiva produces and distributes the award-winning Bhang Chocolate™, Ruby Cannabis Sugar™, Sapphire Salt™, Ruby Gems™, and other derivative products through licence agreements and joint ventures.

INDIVA High Quality Products

Bhang Powered by INDIVA

DeepCell Powered by INDIVA


  • Sales in multiple provinces including Ontario, Quebec, Alberta, Saskatchewan, Nova Scotia, and British Columbia; and online sales and home delivery
  • Strategic partnerships and investments with U.S.-branded companies to produce and distribute the award-winning Bhang Chocolate™, Ruby Cannabis Sugar™, Sapphire Salt™, and Ruby Gems™
  • Highly regarded and experienced management team
  • Perfectly positioned to be a national leader in extraction, refinement, manufacturing and derivatives
  • INDIVATM pre-rolls consistently identified as top-performing products in Ontario

Growth Strategy

  • 70-tonne extractor drives services and product revenue
  • Partnerships with U.S. brands drive revenue through new product introduction
  • Additional distribution agreements drive revenue growth
  • Partnerships with leading cannabis producers for extraction, refinement and manufacturing services
  • Entry into European market with acquisition of license in Denmark


  • Strategic focus on being a leader in Cannabis 2.0
  • Deep experience in consumer packaged goods
  • State-of-the-art, GMP-standard indoor production facility
  • Investments in award-winning U.S. brands, Bhang and DeepCell Industries

Institutional Analyst Coverage

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.