Sunniva Inc SNNVF

RE:Confused with this one!

[Benedictus]

If you are a trader or looking for a shorttermn highflyer you may be disappointed with snn over the next 3 - 6 months. I am more of a longterm investor and prefer not to jump in and out of investments unless my initial assessment proves incorrect.

From yesterday's conf call and earnings, we did not get any significant news on the CAD facility financing or spinout and unfortunately the extraction biz in CA is not able to get clean biomass to contribute to revenues. Per the conf call, extraction biz should add meaningful revs in Q4, (so I'm guessing Q3 may be sequentially flat to slightly up) Q4 is when I would expect snn to leave this 5 - 8 range for good, with extraction revs coming in and looking toward first harvest in Q1 2019, potentially meaningfull contracts to be announced. But in the meantime, barring significant contract or financing news, snn may remain rangebound. I hope to add to my position on any continued weakness. Mgt is as solid as they come, the buildout they are doing in CA is just awesome and mgt is alsovery shareholder friendly (compared to most dilutive minded MJ companies). Best to all!