Remember this post! Sunniva will be top 3 one day.Industry is still new there in the best market with the most advanced grow-up to my understanding about to come fully online soon.
Generating crazy revenue without even having there own facility up and running!
No risk, no reward I get people get nervous as all pot stocks are versatile....And SNN has had its scares i agree..
However keep in mind these guys have the smallest float i know of out of all Big LPS.....Trulieve is another but there double SNN even.
If SNN fulfills there plans.
Seriously this could be one of the biggest plays ever to hit weed stocks.
Think about it if they generate 250 million USD a year in the next 1-3 years what do you think this will be worth than.
Fully Diluted Shares 54,839,959x20
Given a SP of say $20 is a only 1 Billion market CAP
$100 is only 5.483 billion
I can see them being worth 10 billion in 5 years JMO $180SP anyone :)
Federal wall is going to get lifted. Id expect further expansion after main house is fully operational. Myself I see good things here
Canopy hit 27 billion
Cron hit $25 a share
ACB hit 14 billion
All of them have more diluted shares and operating losses over the last 3 years that it would take 3 more years to balance there sheets most likely JMO
SNN will be cash positive this year. With very few convertible debentures issued and all of them are higher than current SP anyway lol
Im long and will accumalte more every chance i get. My prediction is $18-21 by year end.
Just my two cents but always do your own DD...Good luck to longs :)