- New Canadian assets to be listed on the Toronto Stock Exchange and Nasdaq
- Sunniva’s U.S. assets to remain listed on the Canadian Securities Exchange (CSE) under the ticker symbol ‘SNN’
- Two-year contract signed with industry leading Canopy Growth Corp. for 45 percent of production at Sunniva Canada Campus in British Columbia
- Sunniva anticipates launching its first line of Sunniva-branded products in the U.S. in Q3 2018
Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis company headquartered in Vancouver, Canada, and operating in the world’s two largest cannabis markets – Canada and California – is reaping positive attention with the news that the company intends to spin off its Canadian assets. The proposal, which would create a new entity listing on the Toronto Stock Exchange (TSX) and Nasdaq, will leave Sunniva’s U.S. assets to trade on the Canadian Stock Exchange, the company announced in a recent press release (http://nnw.fm/YH7q6).
Canadian assets in the proposal, designed to unlock the underlying value of Sunniva’s assets on both…
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