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Indiva Explores Strategic Alternatives, Extends SNDL Deadline

Indiva Explores Strategic Alternatives, Extends SNDL Deadline

Indiva (TSE:NDVA) has released an update.

Indiva Limited, a leading Canadian cannabis edibles producer, has announced an extension to meet its current liabilities under an amended agreement with SNDL Inc. until June 13, 2024. Additionally, the company is actively pursuing a strategic review with the help of SSC Advisors to explore potential alternatives to enhance shareholder value, though no specific outcome is guaranteed.

For further insights into TSE:NDVA stock, check out TipRanks’ Stock Analysis page.

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