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Bullboard - Stock Discussion Forum Sunniva Inc C.SNN

Alternate Symbol(s):  SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

CSE:SNN - Post Discussion

Sunniva Inc > Bought deal 3,800,000 Units at a price of $5.27 per Unit
View:
Post by market101a on Sep 24, 2018 2:20am

Bought deal 3,800,000 Units at a price of $5.27 per Unit

This will keep going up this week with the bought deal completed. Get in before it goes to 10.  or waite  for 4.80 which will never happen! Do your own DD
Comment by GOTMONEY on Sep 24, 2018 3:48am
Technically, the bought deal closes October 10. There is no real reason to believe it will keep going up this week as you say.
Comment by Joeknowsjack on Sep 24, 2018 3:47pm
When comparing valuations there is no other mjn company that trades at a bigger discount than Sunniva....how long will sale price last.... Current projects...phase 1 325000sq ft campus in california...phase 2 164000 Sq ft. 759000sq ft campus in Okanagan BC And they own Natural Health Services Ltd. ("NHS") NHS owns and operates a network of seven clinics in Canada specializing in medical ...more  
Comment by sunrize on Sep 24, 2018 4:00pm
The only thing that is certain with SNN sp is this: When good news comes (not IF) the sp move up will be violent. Think Pampalona. Good news can be one or more of the following: 1. Debt financing approved for Canada (after spinout) 2. Substantial increase in revenues from NHS/Extraction facility 3. Inking a deal(s) (beverage or tobacco company) https://media.giphy.com/media/1qn8a2l8pImOs/giphy ...more  
Comment by Dealbaaz on Sep 24, 2018 4:09pm
Few good points!  But wont NHS be absolute once this gets legalised. I dont think for future valuation any revenue from NHS matters. If you can buy over the counter why would i need prescription. Dont you think?
Comment by mulletator on Sep 24, 2018 4:17pm
Partly true.  However, health insurance is starting to cover MJ.  That means that if you have a prescription you can get your weed for free.  NHS/SNN will do well once they get on board with the insurance providers. https://business.financialpost.com/cannabis/cannabis-business/manulife-joining-shoppers-drug-mart-in-medical-marijuana-program A lot of existing medical clients ...more  
Comment by sunrize on Sep 24, 2018 5:33pm
@Dealbaaz: Good question. But medical MJ has many advantages and it's here to stay and thrive even after recreational becomes legal. Insurance coverage is a big deal for medical MJ. Also, check out these links: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4978573/ https://www.health.harvard.edu/blog/medical-marijuana-2018011513085 https://thefreshtoast.com/cannabis/benefits-of-a-having ...more  
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