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Sunniva Inc SNNVF

Healthcare Biotechnology Cannabis
Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.


GREY:SNNVF - Post by User

Sunniva Inc > is the land purchase supposed to close tomorrow?
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Comment by GOTMONEYon Jun 14, 2018 2:04pm
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Post# 28173315

RE:RE:RE:is the land purchase supposed to close tomorrow?

RE:RE:RE:is the land purchase supposed to close tomorrow?I think bluechip made a good comment on this over at Seeking Alpha... so I'll just copy-paste what he wrote, hope he doesn't mind:

[O]nce the senate and government complete their process and formally legalize recreational cannabis, then I believe the tier 1 financing will be announced, as I believe the announcement timeline is being dictated by the bank based on formal legalization. It would also make sense that at that point, the same bank will have prepared a detailed analysis of Sunniva business plan and future values. They would have already performed their due diligence to a large degree when preparing for the financing approval, hence a quite intimate portrait of Sunniva's strategies and competitive advantages. [...]
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