GREY:SNNVF - Post by User
Comment by
scoproon Dec 02, 2018 6:24pm
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Post# 29051612
RE:RE:RE:Alan B's take
RE:RE:RE:Alan B's take
The Canadian timeline was based on financing. Banks don't lend to companies with U.S. operations, and regardless, not having financing for the facility has not extended the launch date in Canada of Sunniva branded products AND it has been a blessing in disguise. With the newly mentioned pod approach, it allows for a quicker initiation of strategy to profitability in Canada. Bashing of Sunniva by anyone is a joke really. "Spinco" will have so much advantage when it becomes public. No other newly listed, cannabis company in Canada's history, will have started in the sector with such advantage. Starting with pods/modular units and based mainly on complete vertical demand through NHS is imo the strategy that offers the greatest margin, and fiscally the most prudent and least risky. I predict net profit or very close with just one pod. There will be more than one. And yes, the foundation will have a greenhouse sitting on it next year or the year after.