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Sunniva Inc SNNVF

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


GREY:SNNVF - Post by User

Comment by Bluechip2on Oct 04, 2018 6:38am
157 Views
Post# 28742748

RE:RE:We're all just reacting to the stock price

RE:RE:We're all just reacting to the stock price
@benedictus, you are not alone. Come the 4th quarter hype will give absolutely give way to revenue and profitability forecasts. This is when market caps will be aligned with performance and business growth potential. Sunniva looks to have a distinct supply advantage in California for the foreseeable future and with the lack of restrictions in California on vertical integration, lots of growth potential. The Canadian LP will have a hard time competing with US companies,many of whom already have positive EBITDA. I understand all the drama over financing the Canadian facility, but with revenue expected 3 quarters after California, it is an expansion plan effectively that happens to run concurrent to the US buildout. Sunniva may be late to the Canadian market in terms of buildout but they have created a future customer base at NHS and with California finally cracking down on the black market, have timed their California buildout strategically.
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