Sunniva Inc C.SNN

Canopy

[DSEEGS]

Canopy Growth Corporation and Sunniva Inc. sign cannabis supply agreement

 

 

[Wherzdadeal]

 CANOPY GROWTH CORPORATION AND SUNNIVA INC. SIGN CANNABIS SUPPLY AGREEMENT VANCOUVER, BC – Feb. 21, 2018 – Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED) and Sunniva Inc. ("Sunniva”) (CSE:SNN) (OTCQX:SNNVF), a North American provider of medical cannabis products and services, are pleased to announce they have signed a definitive supply agreement (the “Agreement”) whereby

[Stackinstocks]

wow wow wow!!! Couldnt have picked a better partner to make people realize these guys are the real deal 

[Northerencents]

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[Sunniva4Life]

Breathtaking news. Congratulations everybody!

[digitel]

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[poubelle1]

We have our own distribution network with the chain of cannibus medical clinics? Why do we need distribution from Canopy?  Perhaps this gives us a 2 year window to build out the chain in the West?

[v6tdaines]

I think one of the main reasons for doing this deal with Canopy is that purchase orders such as the one coming from Canopy is that they are immediately bankable. Financings will be made significantly easier using Canadian bankers when they see an independent arms length deal on the table. It is much more solid than one from their own supply chain. It also gives SNN instant legitimacy in all

[poubelle1]

come to think of it, This also gives canopy access to our distribution channels in the future. according to the website, Natural Health Services is: "Canada’s largest network of cannabis clinics, NHS offers thousands of patients the guidance they need from qualified professionals who specialize in the endocannabinoid system."cannabis clinics, NHS offers thousands of patients the

[dtabzzz]

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[sunrize]

A 10% move is an insult, considering it was moving 30% a day on no news a month ago. Disappointing with the low sp appreciation on what is a major milestone for Sunniva. I guess folks are so hung up on the major LPs like Aurora, Canopy and Aphria etc. that they just cannot see what a gem Sunniva is. Apples to apples, Sunniva's current market cap is a joke compared to those three.

[Stackinstocks]

10% is healthy, what we saw before was not healthy and that is why we ended back basically right where we started. Have patience and enjoy the grind up. We form a stronger base and dont become another weed stock bubble. 

[Sylver78]

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[sunrize]

Sylver78: Agree. Canopy would NOT have signed a deal unless the license and financing for the BC facility is a mere formality. All I can say is that people buying at these prices are very, very lucky. If I had cash, I would be buying Sunniva and only Sunniva at this point. But alas, I don't. May be a GoFundMe page for me...? LOL.

[Stackinstocks]

From the beginning Sunniva has said they are going to de-risk their operations by engaging in supply agreements. This is the first one and we are seeing that not only are they making good on that strategy but they are connecting with the biggest producer in Canada. SNN has also said a big part of their business will be white label production. This news is and shouldnt be a surprise at all, other

[URLaughable3]

I would assume more than 10% on LP, that’s the key to 125k kg in annual production in Canada, and the next 100k kg in Cali right behind it. The math on that says, hello to north of $300M annually in Canada bud production revs alone.. not to mention the other aspects such as NHS currently at 10M/yr and looking to exponentially expand. all on a 450Mish cap