"On April 27, 2018, it was my good fortune to interview Dr. Anthony Holler, Chief Executive Officer, Chairman and Co-founder of Sunniva and David Negus, Chief Financial Officer of Sunniva.
Here are the highlights of what we learned:
(1) The California campus at Cathedral City is progressing well. Construction is virtually complete and work has commenced in the internal infrastructure. Propagation is expected in June/July with the first harvest in September/October.
(2) Recent receipt of California temporary licenses validates SNN’s business model and their expectation that the differences between this model and 100% ownership and operation in the first five years will be insignificant.
(3) Test production of oils has commenced and the early results are excellent. This has stimulated interest among third party growers who are considering using Sunniva to produce oils for them.
(4) Due to delays in processing paperwork in Oliver, SNN has been forced to consider alternative sites. A site at Okanagan Falls, B.C. is being considered. SNN is ready to break ground immediately.
(5) Natural Health Services continues to grow. Patient requests exceed NHS doctor’s ability to provide assessments. NHS has captured approximately 25% to 30% market share based on Health Canada
numbers for total patients.
(6) Recent political developments in the U.S. have made SNN even more optimistic and aggressive growth will be pursued including an acquisition strategy."
The full interview is really a great read. Tons of info.