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Sunniva Inc C.SNN

Alternate Symbol(s):  SNNVF

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


CSE:SNN - Post by User

Comment by GOTMONEYon Jun 16, 2018 9:32pm
128 Views
Post# 28182407

RE:RE:RE:RE:RE:RE:RE:RE:RE:New Canada campus construction video

RE:RE:RE:RE:RE:RE:RE:RE:RE:New Canada campus construction videoThe barriers for entry in California are going to get a lot higher starting July 1, when the State is beginning to enforce its regulations. Likewise, the other issues you've mentioned belong more to the past than to the future, and so this particular part of your discussion is less relevant for Sunniva. Remember, this is still a new and evolving industry and Sunniva is coming into the picture at the right time. 

Now, I really think you are taking the whole "buy back the plant", "subleasing", "tenant" concepts way too literally. That is all just the technical/legal mechanisms to satisfy licensing regulations. Sunniva is going to operate 100% of the facility. All 195 employees will be theirs. It's going to work much like these recent Sun-Oil contracts - Sunniva manufactures/cultivates the product (extract/flower) on behalf of a tenant, who acts as its branding/distribution/retail partner. Tenancy agreements are essentially pre-sell agreements. Sunniva will produce Canndecent's flower, who will sell it under the Canndescent brand, just like Sunniva produces Cali Gold extracts, who will sell it under the Cali Gold brand.

Flower supply arrangements have not been announced because it does not make sense to announce these arrangements a month or more before you started growing. Sunniva is right to squeeze every bit of first-mover advantage from its unique competitive position as a large scale, compliant producer. 
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