GREY:SNNVF - Post by User
Comment by
Bluechip2on May 22, 2018 8:00pm
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Post# 28066634
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Canadian License
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Canadian License
I agree that the biggest concern for me is the Canopy deal. If the market doesn't take off as expected in Canada and Sunniva is delayed outside contract timelines it could upend the SP if contract gets annulled. Just read an article by Ted Ohashi, it is expected that Sunniva will release 1st quarter financial update on May 30th, may place them 5th or 6th in revenue. May be a little catalyst there. If legalization is delayed beyond the date of Sunniva first deliveries of product from Cathedral city facility then that would essentially put them in the drivers seat for revenue, de-emphasizing the timelines in Canada.IMO