Sunniva Inc C.SNN

Alternate Symbol(s): SNNVF

Healthcare Biotechnology Cannabis

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

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Sunniva Inc > Phase 2?

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Comment by Sunniva4Lifeon Mar 18, 2018 11:00pm

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Post# 27737330

RE:RE:RE:RE:Phase 2?

Tenants cover all of the costs of operation (carried out by Sunniva) and then Sunniva gets 20% of the profits on top of that.

Bluechip2 wrote:

mungerman wrote:
thx for the info. but what did you mean when you said.

"Phase 1 (7) licensees have been pre-selected, I believe, but not announced."

i thought phase 1 is done end of 2018

they have 8 x 22,000 sq. Foot cultivation licenses for the 325,000 sq.foot phase 1. I think they get around 20 percent of sales from each grower plus lease payments. One of the licenses is their own. The reason for.this has to do with state regulations limiting the size of grow operations for an individual business. Check out their investor presentation on the website for more info.