Post by
Troysthatguy on Jun 27, 2019 12:25pm
So undervalued not even funny.
What do you think a state of art facility like Sunniva is worth alone especially in California??? Once fully completed that’s a serious facility. In 3-5 years Sunniva will be a king and anyone who sells now is going to regret it big time. Look it has t even been a year yet. Ya the sp got crushed. So did everybody else. But by Q4 they’ll be operational and if you think it’s going to be floating at 200 or even 400 millionnmarket cap your sadly mistaken in my eyes. These guys are profiting quite nicely off of there Canadian assets. How is that a bad investments when the made millions less than a year and are going to dump it into there California operations?? To me that’s smart. Less dilution more focus on the main task at hand. Once operational and generating big money. Than they can pursue another state f*** Canada’s market and I’m Canadian clearly the money is in the USA
Comment by
bullmarkets on Jun 27, 2019 1:29pm
there are already lots of greenhouses growing in Santa Barbara - sure this one might be more high tech.. anyway, these guys are pretty much broke.. Cali is a very competive market, most peope are not making much money, so i doubt some Canadians are going to do better.
Comment by
canuckinvestor on Jun 27, 2019 3:30pm
Sunniva campus will be the 2nd largest in all of California california has more people than all of Canada simple math here