Indiva Grants 1.68M Incentive Stock Options To Certain Employees And Executives

Indiva Limited NDVAF NDVA, the leading Canadian producer of cannabis edibles and other cannabis products has granted 1.68 million incentive stock options to certain employees, executive officers and directors. The options have an exercise price of $0.21 per share and will be valid until June 3, 2027.

All options were issued pursuant to the company's amended and restated equity incentive plan which allows for issuances of up to 10% of issued and outstanding share capital in the form of stock options or restricted share units. As a result of the foregoing grant, the company has a total of 14.13 million stock options or restricted share units issued, representing approximately 9.7% of the issued and outstanding share capital.

About Indiva

As a Canadian licensed producer, Indiva produces and distributes cannabis products nationally, including Bhang Chocolate, Wana Sour Gummies, Slow Ride Bakery Cookies, Jewels Chewable Tablets, Ruby Cannabis Sugar, Grön edibles, Dime Industries vape products, as well as capsules, edibles, extracts, pre-rolls and premium flower under the INDIVA, Indiva Life and Artisan Batch brands.

Related News

Indiva Announces Q1 Revenue Grows 43.8%, Here Are The Details

Indiva Reports Record FY2021 Net Revenue Of $25.46M, Up 121.6%

Indiva Vapes To Reach Canada Via Dime Industries

Market News and Data brought to you by Benzinga APIs

Posted In:

Cannabis is evolving—don’t get left behind!

Curious about what’s next for the industry and how to stay ahead in today’s competitive market?

Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.

Secure your spot now before prices go up—this is where the biggest deals and connections happen!

Get your tickets today!

Comments
Loading...