Post by
Troysthatguy on Jun 13, 2019 9:27am
Only trading at 160 million at current stockprice F/D
Should be minimum 300-400 million. All big mjs have expenses and big bills at first but look at the valuations. Sunniva is going to bake some big money by year end and 2020 is there year. Heck Q4 is going to be good. So buying at or even 250 million is a steal to me.
Comment by
Subchimes1 on Jun 13, 2019 9:37am
In your dreams buddy, this has been a scam from day one.
Comment by
rborhi on Jun 13, 2019 6:46pm
I agree, the $20 million sale of the Canadian property will help SNN get through the next months as production and sales ramp up. The California facility will be a huge asset once going full out. They are in the right market and could be a future takeover target for a larger company wanting access to California, especially as MJ laws loosen up in the US.
Comment by
HandyAfterall on Jun 13, 2019 9:24pm
Beyond that, Troy, what canopy remembers about the sunniva deal....is that sunniva had to cancel it because they failed to come even remotely close to fulfilling their end of the deal. Sweet, sweet memories...