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Experts have conflicting views on the company Indiva. While one expert is positive about their transition into the edibles market and their deal with Canopy, another expert is concerned about the fall in the Canadian cannabis sector and the overvaluation of the industry. Overall, the company seems to be executing well but facing challenges in the current market.
Market has fallen out for Canadian cannabis sector.
Cannabis sector over valued the past few years.
Demand for product stable, however stock price weak.
Would recommend buying given current share price.
Hold shares if already own.
Company has preformed very well the past 2-3 years. Low stock price not indicative of performance. Recently signed distribution agreement for vape product in USA. Indiva might be a good candidate to be taken over via M&A. Good example of a product based marijuana company. Expecting share price to increase as currently under priced.
Indiva is a Canadian stock, trading under the symbol NDVA-X on the TSX Venture Exchange (NDVA-CV). It is usually referred to as TSXV:NDVA or NDVA-X
In the last year, there was no coverage of Indiva published on Stockchase.
Indiva was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Indiva.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Indiva published on Stockchase.
On 2024-06-12, Indiva (NDVA-X) stock closed at a price of $0.03.
Are transitioning from growing cannabis into edibles, namely chocolate, including supplying US companies. They have a deal with Canopy. He continues to like it. Down the road, this will be taken out. Great execution.