Sunniva Inc C.SNN

Potential Market Cap

[MarketCrusher]

So I have a question. If production can be at 225,000kg of product/ year, sale price conservatively at $3/ gram. If the cannabis industry gets a multiplier similar to tobacco at 20x I’m calculating a share price over $500. Obviously diluting the shares would cut into that value but wow. Am I missing anything?

[AlwaysBullishhh]

If the story unfold as predicted, we will all be rich. But we are far from it right now, so we have to be patient and be confident in the managment to bring it to fruition.

[MarketCrusher]

Ok but question being, is my calculation correct or have I missed a factor? There’s a lot of shorts going against the cannabis giants right now and I think it’s fear mongering to open an optimal buy in opportunity for big funds. 

[AlwaysBullishhh]

https://www.baystreet.ca/articles/research_reports/fundamental_research/Sunniva-Jan-2018.pdf

[Norcalcanuck]

Your missing about 11 million shares. Fully diluted there will be 37 million shares. Using your model that would give you a$364 share price. For my modeling purposes I am using the $3 per gram profit level and a 12x multiple on profit. I then discount the US holdings by 50% because of the legal issues. Assuming they get the Canadian license and after they have reached full capacity in both

[MarketCrusher]

Thanks Canuck. Very Helpful!

[Northerencents]

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[vandenp]

I'm sure you meant 6-10 bil market cap.