Sunniva Inc SNNVF

RE:Anytime now

[Bluechip2]

sunrize wrote: This single event, when successful, will wake up this stock which has been languishing so far:
Getting financing for the Canadian build.
From what mgmt is saying, it will be non-dilutive. No reason to not trust them.
They have been different from the rest in setting up a state of the art facility (almost ready, as promosed, and on time) in California.
They have been different than the rest in striking a deal with Canopy, even before getting anything going in Canada. Again, different from the rest.
They should also deliver on this non-dilutive financing, which again, will be different from the rest.
Logic says that since they have executed differently from the rest and are saying they will get non-dilutive financing, they will.

@ sunrize- think you are spot on there. Lots of concerns in the market about winners and losers now, for a tier bank to finance this build, implies they are picking Sunniva as a long term big player in this market. It would also suggest that the risk associated with investing in a cannabis company with US interests is no longer a risky proposition for a major financial institution, this would be a first for sure. Remember that Canopy cleaned itself of any US associated cannabis activiies before BMO initiated the financing deal. If and when this occurs, hopefully the major stock exchanges will follow suit shortly afterwards. Having only a CSE listing very much lowers large institutional involvement and is considering more risky by many large investors due to a lax listing requirement history.