Sunniva Inc SNNVF

SNN Valuation

[Bluechip2]

Reading through the latest pump article from Stockhouse (see below), of note the $50 million revenue estimate based on the extraction facility is of a very high certainty as the facility is in full production. Assuming the other revenue streams, Sunniva Medical and FSD, have similar revenue as 2018, then a 70-80 million revenue for 2019 is a low risk achievable number. Upon execution of the 325,000 sq.ft Cathedral greenhouse, then the back half of 2019 (final 3-5 months) should see additional revenue from that production.  

https://www.stockhouse.com/news/newswire/2019/01/18/sunniva-a-star-performer-this-year?fbclid=IwAR0LmKJ_BbQYU8M21p8Nqve4OnTtPWhUjxoF6S7j1yLvy4yg-gWH69YGgYM