Sunniva Inc SNNVF

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[JMark80]

Thanks for the reply GotMoney. Are you sure that's how the tenancy agreements work? Sunniva has said verbatim that they will be buying back fully grown plants from the tenants, which makes sense because they can only own ~20% of each licence. Sunniva will lease space and bill each tenant for space/utilities/labor. That cost is ultimately paid for by Sunniva when they buy back the plants, so they aren't making any more money growing it then they would if they owned all of the production. It wouldn't make sense for Canndescent (for example) to sell the plants to Sunniva, and then buy them back at an inflated price and distribute. Sunniva's business model is essentially in the supply agreements. My concern is what is the margin in reselling (I doubt it's $3/gram, and Sunniva will likely need a large number of supply agreements because of how marijuana is distributed in California), and does a company like Canndescent need to sell to a wholesaler?