GREY:SNNVF - Post by User
Post by
Bluechip2on Jul 03, 2018 2:22pm
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Post# 28263380
De-risking Canadian buildout
De-risking Canadian buildoutIt would not be a surprise to see Sunniva try and get one of the provincial LTA agreements with the BC government. It would be a good benchmark for the government to get pharmaceutical grade @ around $4.50 per gram and Sunniva is looking to get another 25-30% pre-sold B2B. Pretty sure the bank would like that as well for debt collateral insurance. The second, older, attachment below refers to the international prospects of exporting to Germany and the like for around $20.00/gram. Having the provincial government as a partner can only help Sunniva in many intangible ways, one only has to look at Hydropothecary to see what being a preferred supply means to their business.
https://mjbizdaily.com/time-is-running-out-for-british-columbia-to-cash-in-on-multibillion-dollar-cannabis-market/
https://mjbizdaily.com/concerns-grow-that-british-columbia-may-lowball-cannabis-growers-for-supplies/