Sunniva Inc SNNVF

RE:RE:adding to my position

[Bluechip2]

yes, I would agree with that justinpaul. As well Sunniva will be producing as first mover at scale in a mature market that has already legalized edibles, beverages, etc. They will have pretty much a full year headstart on all the Canadian LP's, where it is still a pipe dream for them. The existing market in Canada come Oct.17th will effectively be low margin products with inefficient supply chains and limited ability to compete with black market. It is not a stretch to project Sunniva's revenue by the second quarter of 2019 to be greater than most of the current unicorn (plus 1 billion) companies in Canada. As well, the elevated market caps that we are seeing due to beverage companies involvement in this sector, is based on a potential future market in Canada and beyond, however this market is already in play in California. If Sunniva follows through on their latest CEO comments regarding this market, they will.have a huge competitive advantage/headstart and a catalyst for sure. And lastly, to get to this stage in their development with such minimal dilution is going to be an industry best as far as I can tell. This fact will be extremely appealing to institutional investors once the market recognizes their execution and potential. Sunniva seems to be reorganizing and adapting a more proactive strategy in terms of vertically integrating in California which up until now, the derisking strategy was to provide 75 percent of product as commodity and white label services. Sunniva's future earning potential and EBITDA projections will be much higher than previously projected even if investors have to wait a little longer for results. As mentioned previously, they should reach their peer average market cap of 400 million by first quarter, after that one can only speculate...