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Bullboard - Stock Discussion Forum 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 Discussion

Sunniva Inc > Remember this post! Sunniva will be top 3 one day.
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Post by Troysthatguy on May 13, 2019 10:33pm

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 :)
Comment by EFW5370 on May 14, 2019 12:35pm
This post has been removed in accordance with Community Policy
Comment by Joeknowsjack on May 15, 2019 10:44pm
Tilray reported revenues of 21 millionUSD...and is currently valued at just under 5 bill Cdn.....sunnivas preliminary revenue Q1 estimate is 14 mill.....yet market cap is just over 160 mill cdn...is this not undervalued??....surprised that company has not received any takeover offers due to valuation and low float......
Comment by Bluechip7654331 on May 16, 2019 8:25am
@Joeknowsjack- agree on the potential valuation upgrade, but I would actually be very surprised if they have not received offers to date. Noticed the Harborside IPO is getting verl close reading through the Sedar reports. They have a drive through, 3rd dispensary reading to open, it is a good problem to have when the demand for Sunfire from the Harborside dispensaries is slowing down Sunniva's ...more  
Comment by EFW5370 on May 16, 2019 2:27pm
This post has been removed in accordance with Community Policy
Comment by sovy888 on May 16, 2019 9:48pm
"the top MJ manufacturing facility in the world"...and yet it seats at $3... pathetic pumping...lol
Comment by NoMansGhost on May 17, 2019 3:34am
Says the guy pumping Auxly Cannabis Group, a company that made only CAD $647k in Q4 2018 and suffered a net loss of $34M. With 10x the share dillution of Sunniva, Auxly looks really "undervalued."  I guess this is where I should put "lol"
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