Sunniva Inc.’s (CSE: SNN) (OTCQX: SNNVF) Seed to Sale Setup Sizzles in World’s Two Largest Cannabis Markets

July 5, 2018 11:35:13
  • Operating in world’s two largest cannabis markets – California and Canada
  • Vertically integrated structure extracts value along the supply chain
  • Pre-production sales strategy mitigates risk

What can you give a company, like Vancouver, British Columbia-based Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), that seems to have everything? For starters, this vertically-integrated producer of medical and recreational cannabis has a presence in California and Canada, the world’s two largest cannabis markets. Through several wholly-owned subsidiaries, it has operations in cannabis grow facilities, cannabis extraction facilities, medical cannabis clinics and the cannabis white label business. Moreover, a large part of its estimated total output for the next two years has already been sold as pre-production, even before the completion of grow facilities – a sure signal of customer trust. Even though its grow activities are yet to make a contribution, Sunniva is already generating revenue. With all that in place, this is a company whose future looks as bright as its name, which is derived from an old English word meaning ‘gift of the sun’.

Sunniva is into large-scale low-cost production. Through subsidiary CP Logistics, the company is close to completing a cGMP-compliant greenhouse facility in Cathedral City, California, that will have an estimated annual output cannabis capacity of 100,000 kilos. cGMP (current Good Manufacturing Practice) regulations are mandated by the…

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