Newsletter From TedThis guy is really overly optomistic on SNN and sounds crazy or to good to be true:
Ted Ohashi..........
"Conclusion: In my opinion, Dr. Holler is a very credible person. As a result, I think we are on the verge of seeing some positive results out of Cathedral City. It was my choice to center this discussion on what is happening at the grow facility. But assuming we move forward as Holler says, other good things happen. We shouldn’t forget, SNNVF has provided guidance that sales from branded products should be in the range of CAN $72 to $78 million this year based on production using biomass purchased from other growers. As purchased cannabis is displaced by Sunniva produced cannabis, profit margins will improve and the bottom line will grow rapidly. Finally, let’s not forget this is California. I reported last week that Health Canada issued its 177th license and while not all of those are licenses to grow, California has a small fraction of that in terms of fully compliant growers. Sunniva has the opportunity to become one of the dominant players in a market larger than Canada. As we move ahead from here, I expect operating results will make this clear and investors will clamber in. One year, three years, even a decade from now, are you going to be saying, “I woulda, coulda, shoulda….” or will you be one of those who punched their ticket for a ride on the SNNVF gravy train?”