Corporate ActionsThe strategic review raises the risk of Indiva being acquired or merged potentially below its full value or facing a dilutive financing transaction.
Financial StabilityIndiva's cash balance is forecasted to hover around $3M, providing a narrow liquidity buffer and raising concerns over financial stability.
Regulatory DecisionsHealth Canada did not recommend increasing the THC limit on edibles, which could dampen the growth prospects for Indiva's cannabis products.