Indiva 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) from the same quarter last year, influenced by seasonal declines and regulatory changes affecting certain product lines. Q1 2024 Financial Highlights Revenue was CA$9.3 million, representing a 14.1% sequential decrease from Q4 2023 and a 0.9% decrease year-over-year from Q1 2023. Net loss was CA$1.8 million, an improvement from a loss of $2.3 million in the same quarter last year. Adjusted EBITDA was a profit of CA$0.1 million, decreasing from CA$1.5 million in Q4 2023  and CA$0.4 million in Q1 2023. Gross profit was CA$2.8 million, compared to CA$2.3 million in the same quarter of 2023. The 19th Benzinga Cannabis Capital Conference, is returning to Chicago this Oct. 8-9. Get your tickets now before prices surge by following this link. Core Brands Fuel Indiva’s Growth Despite these numbers, Indiva’s core brands, ...