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The deaths due to vaping were from poisonous chemicals being added to the cartridges. Quite a few people died from bootleg liquor that was sold in Mexico. Are they going to outlaw alcohol?
News: Sunniva Announces Amendment Of Performance Warrants
(PRNewsfoto/Sunniva Inc.)
NEWS PROVIDED BY
Sunniva Inc.
Oct 16, 2019, 17:33 ET
VANCOUVER, British Columbia, Oct. 16, 2019 /PRNewswire/ -- Sunniva Inc. ("Sunniva" or the "Company") (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, announces that it is amending the terms of the 718,249 performance warrants (the "Performance Warrants") issued in conjunction with the acquisition of LTYR Logistics, LLC ("LTYR") on December 31, 2018. The Performance Warrants are convertible into 718,249 common shares of the Company ("Performance Shares") upon the satisfaction of certain operational milestones (the "Milestones").
The Performance Warrants will be amended by replacing the original Milestone of opening a distribution business at the Company's facility in Long Beach, California with the opening of a distribution business at the Company's facility in Coachella, California. Upon amendment of the Performance Warrants, the Milestones will be satisfied and the Company will convert the Performance Warrants into Performance Shares.
The amendment of the 239,491 Performance Warrants held by Mr. Kevin Wilkerson, President of the Company and the former CEO of LTYR, is considered to be a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the subject matter of, nor the fair market value of the consideration from, the amendment of the Performance Warrants held by Mr. Wilkerson, exceeds 25% of the Company's market capitalization.
For more information please visit: www.sunniva.com.
To be added to the Sunniva email distribution list please register at www.sunniva.com/email-alerts.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
About Sunniva, Inc.
Sunniva, through its subsidiaries, is building a vertically integrated cannabis company operating in two of the world's largest legal cannabis markets – California and Canada. In Canada, Sunniva's wholly owned subsidiary Natural Health Services Ltd. operates medical cannabis clinics that provide educational and clinical services to patients. In California, Sunniva is constructing a 325,000 square foot, purpose-built cGMP designed greenhouse for cannabis cultivation and operates a fully licensed cannabis extraction facility, in-house marketing and licensed cannabis distribution businesses.
Cautionary Note Regarding Forward-Looking Information or Statements
This press release contains forward-looking information or statements. All statements that are or information which is not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, Sunniva's intention to amend the Performance Warrants and convert the Performance Warrants into Performance Shares thereafter are "forward-looking information or statements". Forward-looking information or statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. With respect to forward-looking information and statements contained herein, Sunniva has made numerous assumptions including, among other things, assumptions about general business and economic conditions. Such forward-looking statements are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking information or statements. Such risks and uncertainties include, among others, the risk factors included in the Sunniva's continuous disclosure documents available on www.sedar.com. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking information or statements. Although Sunniva has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking information or statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking information or statements. Sunniva assumes no obligation to update any forward-looking information or statements, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.
Company Contacts:
Sunniva Inc.
Investor Relations Contact
Dr. Anthony Holler
Rob Knowles
Chairman and Chief Executive Officer
VP Corporate Development
Phone: (866) 786-6482
Phone: (587) 430-0680
Email: IR@Sunniva.com
SOURCE Sunniva Inc.
Related Links
https://www.sunniva.com
Shor interest -51%
I think so, people also think twice before buying street junk with a bit of savings over licensed providers
https://potstockz.com/shortinterest/
They died from contaminated cartridges.
This is can be good for us when the Authority's go after the black market.
News: "Sunniva Inc. Announces Amended Terms Of The Previously Announced Sale Of Sunniva Medical Inc. To CannaPharmarx And Revised Closing Date For The Second Tranche Of USD $7,500,000 Debt Financing"
https://www.sunniva.com/newsroom/detail/74/sunniva-inc-announces-amended-terms-of-the-previously
October 03, 2019
Not for Dissemination in the United States or for Distribution to U.S. Newswire Services
VANCOUVER, British Columbia, Oct. 3, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) and CannaPharmaRx, Inc. ("CannaPharmaRx") (OTC Pink: CPMD) announce that they are amending the terms of the Share Purchase Agreement announced on June 11, 2019 with respect to the sale of Sunniva Medical Inc. ("SMI") to CannaPharmaRx (the "SMI Transaction"). Sunniva has agreed to amend the settlement of the purchase price to CAD $16.0 million in cash and CAD $4.0 million by way of a promissory note of CPMD (the "CPMD Note") from the previous all-cash settlement of $20 million. Sunniva will receive an incremental non-refundable deposit as part of the amended terms. The Company and CPMD continue to work as expeditiously as possible to get the transaction completed.
SMI owns the Sunniva Canada Campus, which includes construction assets for a planned 759,000 square foot greenhouse located on an approximately 114-acre property in Okanagan Falls, British Columbia.
In addition, Sunniva announces a revision to the closing date for the USD $6,000,000 Second Tranche of the non-brokered private placement (the "Offering") of USD $7,500,000 previously announced on August 28, 2019.
Net proceeds of the Second Tranche of the Offering and the SMI Transaction will be used to pay capital costs obligations at the Sunniva California Campus and for general corporate purposes.
Both the SMI Transaction and the closing of the Second Tranche of the Offering are now expected to close by October 31, 2019.
The Promissory Notes and Warrants have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Promissory Notes or Warrants in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
Well we dont have to worry about retooling cost because they havent got anything done. Sucks if vape is out from a margin standpoint for all the cannabis cos.
uh, half the game was to sell vape oils and stuff. then 12 people died from vaping. probably sh!tty nicotine stuff, but the powers that be are advising to not vape anything. still trying to get that cathedral city going? Wow, i thought that was going to be in the bag by now. the whole income game over there was processing other grower's weed into oils until flower production. oh, well, could be another canna dud. at least they don't just create shares all the time like other bum a$$ companies.
I'm at $2.30, which 5 months ago i thought was great. who could predict people would die from vaping?
Continuation.
I would not go that far, they may need $40M $50M+ to go operational but it does help their short term cash situation.
I would not go that far, they may need $40M $50M+ to go operational but it does help their short term cash situation.
So they have the funds to get the Cali facility operational. I have been slammed with work out of touch with most my stocks.
I bought quite a few shares in the low $.70's. Got my average down to $2.95. Only down 62% now.
I wish i bought those .60s
I don't know, pretty crazy run up the last two days. They did close some financing but this appears to be a lot more than that. Something is brewing...
Ha !.....Never would'a known that North Af would'a had rap.
Tanks fer sharin' dat !
true, i am still very much watching and appreciate your charts although i am not sold yet?
ive been called skippy in the past among st other things
Your doing better than me Dawood. I picked up another 1000 shares this morning @$.74us and that brought my average down to $2.95
Sunniva Announces USD $7,500,000 Debt Financing
(PRNewsfoto/Sunniva Inc.)
NEWS PROVIDED BY
Sunniva Inc.
Aug 28, 2019, 17:57 ET
https://www.newswire.ca/news-releases/sunniva-announces-usd-7-500-000-debt-financing-818420835.html
Well ?....So ?......How's it goin' ?......Pretty good company eh ?
What gives ?
My bag is only slightly worse. These guys are testing my ability to remain nice. I'm not missing the next conf call.
Yeah dam it. My bags at 2.51. I want more but with production on hold i gotta go for TRUlieve and curaleaf. I’m betting those horses right now.
Discord is pathetic with all the excuses being made? It's all going to come out eventually and somebody needs to take the blame but it seems fishy and setup
reading on Yahoo about expenses and such in Cathedral City! lots of talk about scam or not? time will tell
founders leaving is not a goood sign but this is a real good video that you have to see, no lyrics sorry
he probably will talk
B real is real, he like wine
but i will
aint much to say about Sunniva except they good at missing deadlines?
not much to say about the company except prove yourself
in the meantime Cypress Hill has a little tune for you
it aint redneck any more its po-dunk
Ya' wouldn't think they'd dare hold one....
What with all the shootings.
Just checked in on the chart and......Oh my....
Sorry guys.....Vancouver ROCKS does it not ?
Anyone here gonna be participating in the conference call ?
Might be worth listening to I am just thinking.
Liked the redneck rock lyrics there
I'd pay someone to tell Hollar to " pucker up morherfu "
Yea, that's not what I hear on the discord group? I mean the good deal part
I wish i got some .80s. But my bag at 3.24 at at 10k shares will hold
Look on the bright side ? This scam is about to end it appears
Not much to talk about Sunniva here? Scam about covers it all
Dont they have some kind of shareholder event coming up?
true, its all youtube posts "songs". UnderOath remember
somebody should play this song at the next Sunniva event
i posted the words
yea, im trying to stay lucid but some times its difficult. sorry
here is a goood song
Again not sure if the link has anything to do with sunniva , the coherency of the posts it's confusing to me, I thought we were in the sunniva chat room
I don't want to click link , scared I will get a virus
Ill be the cheer leading section till they do!
yea, i will just post here to keep others away from SNNVF and hope somebody finds JUSTICE if management was complicit.
https://i.ytimg.com/vi/k73__rbcUck/hqdefault.jpg?sqp=-oaymwEjCPYBEIoBSFryq4qpAxUIARUAAAAAGAElAADIQj0AgKJDeAE=&rs=AOn4CLDCT3bcUCVK0YjcsLHW5WaTQMKYJQ
yea i do! but i saw several on the discord board talking about half million type numbers
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Sunniva is an ancient English name which means Gift of the Sun
Sunniva Corporate Presentation from October 2018
Sunniva Fact Sheets from October 2018
Sunniva is a vertically integrated medical cannabis company committed to delivering safe, low-cost, high-quality products and services at scale. We are focused on the cultivation, production and distribution of a broad range of therapeutic solutions targeting two of the largest medical cannabis markets in the world: Canada and California.
We operate through our wholly owned subsidiaries – Sunniva Medical Inc. (“SMI”), CP Logistics, LLC, Natural Health Services Ltd. and Full-Scale Distributors, LLC – and will offer a comprehensive range of white label solutions.
A 19-acre plot in Cathedral City will be soon home to a gigantic marijuana growing facility
The huge center would be built near Date Palm and Ramon, which is currently open desert, and would encompass 500,000 square feet – which is nearly nine football fields!
In a video about the project, Sunniva Chief Operating Officer Duncan Gordon says that the facility would produce 260,000 pounds of cannabis every year and would employ 195 people.
Construction Progress of the Sunniva US Campus - located in Cathedral City - California
Images update every 30 minutes
Construction Progress of the Sunniva Canada Campus - located in Okanagan Falls - British Columbia
Images update every 30 minutes
Sunniva Launches First Three Cannabis Brands in California
Company Assets:
www.naturalhealthservices.ca
www.vaporconnoisseur.com
www.seekingalpha.com/article/4136527-sunniva-leading-worlds-two-largest-legal-cannabis-markets
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