GREY:SNNVF - Post by User
Comment by
sunrizeon May 23, 2018 7:07pm
176 Views
Post# 28072309
RE:RE:Comparing Canopy to Sunniva
RE:RE:Comparing Canopy to Sunniva Good riddance. He was the blindest of mega pumpers, with no substance.
Good post, btw, Bluechip2.
I am holding on. Looking at the chart, this has been the worst sp performance I have seen in any of my holdings. I have patience and happy that this is money I do not need for the next 5 years or so. This is my only MJ holding.
Bluechip2 wrote:
gone to FB and SA. I do see parallels to Canopy of around 18 months ago. The SP was around 2.70 with no volume and people couldn't understand or simply needed validation that they were sitting on a gold mine. Those of us that kept adding were vindicated and I am confident the same parabolic rise will occur here due to the head start in California and the complications associated with licensing and scale manufacturing. The biggest risk in these guys has dissipated with the pending acceptance of medical cannabis descheduling imminent IMO. Now it's just a matter of time for Sunniva, whereas the Canadian based LP have to deal with legalization issues and squeezing additional international markets for a piece of topline revenue.