Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Sunniva Inc C.SNN

Alternate Symbol(s):  SNNVF

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


CSE:SNN - Post by User

Comment by Bluechip2on Oct 19, 2018 8:12am
246 Views
Post# 28833052

RE:RE:RE:NEWS OUT- SNN is the BIG player of US

RE:RE:RE:NEWS OUT- SNN is the BIG player of USWell I believe it is a work in progress, as they obviously have no product yet to supply these extraction contracts and from what I can gleen from the press releases regarding each contract, they are not all the same. PureOrganix is only taking care of the branding and distribution for this 1-2 year contract. The High Hampton (Caligold) contract is aligned as you say from what I can gather. Remember these are term contracts ( 1year) and it would be a prudent assumption that Sunniva would want to supply the raw material as well until they reach their production capacity. 

Another point, if you look at the PureOrganix press release they state that their strategy is to be on shelves in Canada and international markets in 2019. It would make sense to me (they have no Canadian operations) that they have or will have an additional full service white label contract with the Okanagan facility to supply these additional markets. These looks to be a strategic way for California brands, such as PureOrganix, to penetrate other markets and a competitve advantage with leverage for Sunniva. This part is just an advanced storyline, but it seems to me the opportunity is there.
<< Previous
Bullboard Posts
Next >>