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Canadian Edibles Producer Indiva Reports Modest Q1 Results, Eyes Strong 2024 After Strategic Realignments
Friday, May 24, 2024 - 1:47pm | 795Indiva Limited (OTCPK: NDVAF) (TSXV:NDVA), a Canadian cannabis edibles producer, announced Thursday its financial and operating results for the first fiscal quarter ended March 31, 2024. Despite facing sector-wide challenges, revenue saw a marginal decrease of 0.9% to CA$9.3 million ($6.8 million)...
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Cannabis Edibles Maker Indiva Reports Record Revenue In 2023, Positive EBITDA And Income From Q4 Operations
Thursday, April 25, 2024 - 10:07am | 769Canadian cannabis edibles producer Indiva Limited (TSXV:NDVA) (OTC:NDVAF) announced on Thursday its financial and operating results for the fourth quarter and fiscal year ended Dec. 31, 2023. The company reported a 53.3% increase year-over-year increase in gross profit before inventory write-down...
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Canadian Weed Edibles Producer's Q2 Financial Results Show Drop In Revenue & Gross Profit, Here's Why
Tuesday, August 29, 2023 - 12:06pm | 672Canadian cannabis edibles producer Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF) reported on Tuesday its second quarter financial results for the three months ending June 30, 2023. "This was a transitional and busy quarter for Indiva, with several cross-currents impacting our results, including...
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Indiva Q1 Revenue Grows 6% YoY, Provides Outlook
Tuesday, May 16, 2023 - 7:48am | 507Indiva Limited (OTCPK:NDVAF)1 (TSXV:NDVA) released its financial and operating results for the first fiscal quarter ended March 31, 2023, revealing net revenue of CA$9.4 million, ($7 million) representing a 1.1% sequential increase from Q4 2022, and a 6.0% increase year-over-year from Q1 2022. Q1...
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Indiva FY22 Revenue Grows 6.8% To A Record $25.7M, Provides Outlook
Tuesday, April 18, 2023 - 8:17am | 564Indiva Limited (OTCPK:NDVAF) (TSXV:NDVA) achieved a record net revenue for the year ended December 31, 2022 of CA$34.4 million ($25.7 million) versus CA$32.2 million for the year ended December 31, 2021, representing a 6.8% year-over-year increase. Net revenue growth was driven primarily by new...
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Indiva Q3 Revenue Grows 5.5% YoY, Here Is What You Need To Know
Tuesday, November 22, 2022 - 8:52am | 496Indiva Limited (OTCQX: NDVAF) (TSXV:NDVA) net revenue in Q3 2022 was CA$8.1 million ($6 million), representing a 0.4% sequential decrease from Q2 2022, and a 5.5% increase year-over-year from Q3 2021. Q3 2022 Financial Highlights Gross profit before fair value adjustments, impairments and one-...
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Indiva To Settle $172K Debt Via Shares For Debt Agreement
Friday, July 15, 2022 - 9:09am | 530Indiva Limited (OTCQX: NDVAF) (TSXV:NDVA) has entered into a shares for debt agreement, to satisfy an aggregate of $172,075.98 of the company's outstanding debt related to accrued but unpaid portions of the interest payments outstanding under certain convertible debentures of the company as...
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Indiva Re-Elects The Board, Gets 25 New SKUs Listed By OCS
Monday, June 27, 2022 - 9:57am | 616INDIVA Limited (OTCQX: NDVAF) (TSXV:NDVA) revealed results of its annual general meeting of shareholders. At the Meeting, Indiva shareholders approved: The re-election of the seven nominated directors, being Niel Marotta, Andre Lafleche, Hugh Hamish Sutherland, John Marotta, James Yersh, Russell...
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Indiva Announces Q1 Revenue Grows 43.8%, Here Are The Details
Thursday, May 19, 2022 - 7:55am | 698Indiva Limited (OTCQX: NDVAF) (TSXV:NDVA) released its financial results for the first fiscal quarter ended March 31, 2022, revealing net revenue of CA$8.95 million ($6.98 million), representing a 5.4% sequential decrease from Q4 2021, and a 43.8% increase year-over-year from Q1 2021. Q1 Financial...
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Indiva Reports Record FY2021 Net Revenue Of $25.46M, Up 121.6%
Tuesday, April 26, 2022 - 8:13am | 708Indiva Limited (OTCQX: NDVAF) (TSXV:NDVA) released its financial and operating results for the fourth quarter and fiscal year ended December 31, 2021. Fiscal Year 2021 Performance Record gross revenue for the year ended December 31, 2021 was CA$35.43 million ($27.79 million), versus CA$16.19...
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Indiva Vapes To Reach Canada Via Dime Industries
Wednesday, April 20, 2022 - 11:51am | 486Indiva Limited (OTCQX: NDVAF) (TSXV:NDVA) has entered into a licensing and manufacturing agreement with California-based Dime Industries Inc. to bring its vape brand portfolio to Canada. Following on Indiva's success in producing and distributing chocolates and gummies in Canada, the launch of...
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Cannabis Movers & Shakers: YourWay Cannabis, Indiva, Australis Capital, USCC
Thursday, December 23, 2021 - 9:31am | 754YourWay Cannabis Appoints Bernt Ullmann To Advisory Board YourWay Cannabis Brands (CSE: YOUR) announced recently that it has tapped Bernt Ullmann to serve on its advisory board, chaired by Kevin Harrington. Ullmann has vast experience in creating, incubating, developing, marketing and...
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Oregon's Grön's Edibles Producer Enters Into Deal With Indiva Limited Of Canada
Wednesday, December 15, 2021 - 1:01pm | 505Canadian cannabis edibles producer Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF) will launch Grön products in Canada. The London, Ontario-based company confirmed Wednesday it has entered into a licensing and manufacturing agreement with Oregon-based Grön to bring its edibles to Canada. This...
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Indiva Limited Sees 143% YoY Spike In Q3 Revenue, Maintains Leading Market Share In Edibles Category
Tuesday, November 16, 2021 - 2:28pm | 840Canadian producer of cannabis edibles Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF) announced its financial and operating results Tuesday for the third quarter of fiscal 2021 ended September 30, revealing CA$8.3 million ($6.62 million) in gross revenue, up by 143% year-over-year. Year-to-date,...
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Cannabis Execs Talk 'Silly' Canadian Regulations, US, Expansion, The Value Of Good Partners
Monday, October 18, 2021 - 5:32pm | 730At the Benzinga Cannabis Capital Conference Friday, Trent MacDonald, CFO of Hexo Corp (NASDAQ: HEXO), Niel Marotta, co-founder and CEO of Indiva Ltd (OTC: NDVAF) and Kevin McLaughlin, director at Centri Business Consulting, participated in a panel discussion of the ways early stage cannabis...