Indiva Limited (NDVAF)

[FUNMAN]

I appreciate your DD. Does the building house their extraction facility and processing plant?

They mentioned edibles too. Is it all to be done "on-sight"?

I think MEDIF also has a deal with terrascend?

https://www.indiva.com/press-releases/releases-2019/indiva-to-provide-extraction-services-to-terrascend/


Thanks for making me look at this:

The Company is also pleased to announce the purchase of its facility at 1050 Hargrieve Rd. in London, Ontario pursuant to an agreement of purchase and sale dated November 28, 2018. The strategic decision to purchase the property reflects the fact that licenses granted under the Cannabis Act are tied to a specific address. With the $5.55 million cash purchase of the property, Indiva now has secured long-term certainty for the home of the organization’s operations. Further, by owning the property it allows Indiva a greater ability for potential debt financing options in the future and has streamlined the process behind the planned creation of the Indiva farmgate store (subject to AGCO approval).

https://www.indiva.com/press-releases/releases-2019/indiva-provides-update-on-facility-expansion-and-purchases-licensed-facility-in-london-ontario/

Is your concern that they stretched themselves too thin without revenues?

Health Canada really did put a giant moat around the industry with the restrictions they put in place.

Some of the LP's won't make it. Small peanuts won't be the only casualty. I expect one of the big guys will make a splash when they go into a death spiral causing untold grief for their employees and shareholders.


This ...

https://www.indiva.com/press-releases/releases-2019/indiva-announces-pre-roll-partnership-with-the-supreme-cannabis-company-inc/

and this ...

https://www.indiva.com/press-releases/releases-2019/indiva-announces-expansion-approval-from-health-canada/

are months away from showing up on the financials.


Maybe I'll be able to AVG down with 10¢ shares.