- North American medical marijuana market estimated at $9-10 billion
- Over one million square feet of cannabis greenhouse space planned
- Signed take or pay supply agreement with world’s largest pure play cannabis company
Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) seems destined for a future as bright as its name. According to a recent article, titled ‘Who will Dominate California — the World’s Largest Cannabis Market?’ (http://nnw.fm/H252r), “Sunniva’s once-in-a-lifetime opportunity to become one of California’s dominant cannabis companies cannot be over-emphasized.” The vertically integrated medical cannabis producer is constructing purpose built, large-scale current good manufacturing practices (cGMP) compliant greenhouse facilities in North America’s two largest markets, California and Canada.
As if that isn’t enough to signal success, the Vancouver, B.C. headquartered company has inked a take or pay deal with the largest medical marijuana company for 45,000 kg (100,000 lbs.) of cannabis annually, in Canada. Sunniva recently secured equity financing to the tune of C$27.8 million. The company plans to release…
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