Sunniva Inc SNNVF

RE:RE:Any news?

[EquityInvest]

NoMansGhost wrote:

Sunniva has quite a few upcoming news releases in the chamber, ready to fire mid-to late Q1; including and especiially, the California Campus becoming operational (first planting) and the launch of Sunniva's branded products.

Here is a timeline of events for Q1 that I created for the Sunniva Investor's Group Chat on the Discord app. We currently have 575 members and 93 verified shareholders (meaning I have seen picture evidence of their shares). You can join the group by clicking HERE (Sunniva Investor's Group Chat).
 

January 2019

- New cultivation modules expected to be delivered to site in Canada

- Submit for cultivation license approval in Canada

- LTYR Logistics Compliance with “track and trace” regulations to be implemented 

 

Febuary/March 2019

- A total of 100,000 plants from the Oakland Facility onboarded for the initial planting cycle at the California Campus 

- Launch of Sunniva Branded Products

- Phase 1 of the Sunniva California Campus is expected to be completed

- Set record date and mail out of information circular which will include information on

the management, board of directors and financial statements of Spinco.


And here is a timeline for the remainder of the year as far as we know:

April 2019

- Q4 Earnings Report

 

 May 2019

- Q1 Earnings Report

 

April/June 30 2019

- Meeting of the shareholders to vote on the spin out

- Renovations and receipt of licensing requirements for a 4,200 sq. ft warehouse in Long Beach, California that, once licensed and operational, will serve as an additional distribution hub for Sunniva

- Sunniva Flagship Onsite Dispensary becomes operational (California Campus)

- Estimate of first harvest in California

- Estimate of first planting in Canada

- Shares of Spinco expected to begin trading on the TSX-V.

 

July/September 30 2019

- Estimate receipt of sales license in Canada

- Estimate of first harvest in Canada

- Q3 Earnings Report 

 

Current/May 2020

-Addition of 5 to 10 retail stores in California (including dispensary at California Campus)

Thank you for sharing NMG.  I think that SNN will release 2018Q4 earnings by end of Feb 2019 and an NR for Spinco valuation at the same time.  This is to support the sp in case the revenue falls short of market expectation.
I wish SNN would provide an update on supply agreement with Canopy as this would boost the sp.