GREY:SNNVF - Post by User
Post by
sunrizeon Jan 31, 2018 4:21pm
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Post# 27474261
Sunniva's advantage
Sunniva's advantage1. California is already legal - for medical, recreational AND edibles. Canada, not yet for rec (projected July/August 2018). Canada edibles - expected mid 2019?
2. No risk of delays in California for anything, yes, anything. All is legal NOW.
3. California facility ground broke in Nov 2017. Buildout seems almost 30-40% completed already
4. Calif production hits market in 3Q 2018, so as early as less than 6 months from today. That is coming up extremely fast.
5. Huge shortages in Calif already
6. Existing MJ in Calif is contaminated by pesticides. Almost 80% of it. Sunniva will produce pesticide free MJ at high quality, low cost
7. Distributor network will be within Calif, meaning easier logistics
8. Cathedral City local government is high on Sunniva's investment (pun intended). Mayor is goo-goo ga-ga over the tax revenues and jobs Sunniv brings in
9. Labor in Calif (that part of Palm Springs) is cheaper, nuch cheaper compared to ANYWHERE in Canada
10. Weather in Cathedral Citry is ideal and much, nuch better compared to BC for MJ cultivation
11. Sunniva has a Calif lawyer on its BOD. Smart. Strategic. (In case of any legal issues to be dealt with)
12. First mover in terms of scale and quality in the US (I don't know of any other public co that has the scale of Sunniva in the US)
13. Calif population is more adaptive to MJ than any other state in the US (my guess is much more than Canada). It's just the culture of Calif (hippie/liberal/Hollywood/sunshine/beaches/gorgeous women)
14. Proximity to Nevada (most in Nevada can drive over to buy better quality MJ and more variety of edibles)
15. The most liberal state in the union (Calif) assures support at the local and state levels (they thumb their noses at the Feds)