NO share dilutionSomeone asked earlier this morning if there is going to be share dilution. Well, let me tell you there won't be any as far as construction of the two facilities goes (Canada and California).
Sunniva sold the Calif land to Baker Pacific Group (BPG) and BPG is building it out of their own money. Sunniva signed a 15 year lease back from BPG. So that's that. Smart cookies.
For Canada (Oliver BC), CEO Tony Holler said construction costs will be from debt. He also says they have had several proposals from lenders. Listen to Tony Holler from the 1:50 minute mark below link:
Interview with CEO Tony Holler https://www.cbc.ca/listen/shows/daybreak-south/episode/15494785
These guys are playing it very very smart. Interestingly, the co-founder Leith Pedersen came from Canaccord and is a "money guy". That helps in a bif way as far as "taking care" of finances, market cap/share prices, etc.