Sunniva Inc SNNVF

RE:RE:RE:RE:OK campus article

[Benedictus]

all very good points GM and as I said I am willing to give mgt a year or 2 to prove out their Cali plans (the valuation play in snn, alone, is a worthile reason to stay put). My hope is that the branding team they are working with truly gets the Cali culture if they are pursuing the rec market as well as the medicinal side. These are 2 extremely different segments in my view and I had thought snn was positioning itself on the retail side moreso as a transplanted pseudo NHS model, cultivating, extracting and sell through into the "wellness" market along with the white labels. I see nothing at all wrong with that and there's a ton of money to made vertically integrating solely toward that space. But if they want to go after the rec market as well, branding will be crucial and the paradiso teaser line from their latest presentation is a wallflower product in any cali dispensary. We are probably several years from the potential for compressing mj prices due to oversupply, at which point, the farming element takes over and their state of the art facility will see seriously contracting margins, so the longer term question is who does snn intend to be. If they truly want to be a player in the rec space quite honestly the only way I see them doing that successfully is via takeover and operational expansion via capital infusions. This strategy gets more expensive everyday as mj companies prove out their worth and hold out for better offers. So when you add that reality along with snn's strategy to expand to 10 or more dispensaries and into other states, it begs the question where is that capital going to come from with such a low sp? Don't get me wrong, I am all for snn succeeding. I have a big chunk of my savings behind this mgt and what they are building, I just am a little concerned when I see a presentation that seems to be trying to tick every box imaginable. So far from what I've seen the early winners know exactly what they're good at and are refining and expanding the footprint of that early success. Just thinking out loud here and really open for any poking of holes in my thoughts and concerns.