Indiva (TSE:NDVA) has released an update.
Indiva Limited, a Canadian leader in cannabis edibles, announced strong fiscal year 2023 results, achieving record net revenue, improved gross margins, and record positive EBITDA and income from operations. The company maintained its top market share in the edibles category and saw a significant increase in net revenue from in-house developed brands. Despite some legislative setbacks, Indiva is committed to innovation and has a pipeline of new products ready to launch in 2024.
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