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SO Canopy annual revenue 60 mill (USD). MedMen 40...what are the caps? Like 20 vs 2 billion? Who has the biggest customer base and little competition? LONG $MMNFF
Well done and good for you sir. Most everyone else has been burned on this one. Some more than others
Well so far we know that they will not meet the obligations for canopy. And that was a major milestones… Nor do they have funding for the second facility.
So it was a dead cat bounce price target 2 dollars in two months
This pretty much sums of my comment:
https://midasletter.com/2018/10/sunniva-inc-cnsx-snn-common-shares-weathering-cannabis-market-downturn/
Massive accumulation st 4 and under happening. Orders that aren’t too big. This one will be very interesting here in about 4-5 months. In the meantime buckle up it’ll be a bumpy ride down AND up.
So the ENTIRE stock market is crashing...yet $&&!ing Sunniva is UP 5% today. I am shaking my head right now BUT happy about it lol
2 bucks by thanksgiving
Sunniva held its own after the BEATDOWN MMJ stocks took. I think we’re seeing a consolidation based on Colorado earnings through August. The numbers are in and Canada is WAY overpriced (as I stated previously)
If Sunniva can export to Canada that will work out pretty good for Canopy. They have supply agreements that they really need to try and meet.
He’s pretty optimistic on the Canada facility (I just don’t see it happening). They need 120 million dollars. That’s a lot of capital raising for 17 million customers (I’m assuming half of Canada smokes). And that’s the entire customer base. I’d focus on California first. Get that done generate revenue keep going with the NHS model since uh its working and generates revenue. Unless they spin off to two separate exchanges US and Canada. Use Canada shares and raise capital leave US alone. Current shareholders receive 1 and 1 (why penalize us). Thoughts?
5 was the resistance level for the longest time the. It was 4 now we’re getting to 3. By February expect 2.
Sunniva is down but grabbing national attention
https://finance.yahoo.com/news/9-ways-buy-u-marijuana-162305900.html
Guys this is real talk here not fluff. Just asking opinion
Why am I the only guy that thinks this is shady?
“Vision is co-owned by Vinayak Shastry, Sunniva’s President of US Operations.”
SO shareholders pay for more dilution to acquire...a SIDE COMPANY owned by a Sunniva president?? SHADY
That’s right around the corner rofl!!!! 2.80 by thanksgiving sounds about right.
TWO DOLLA next resistance level.
Yes guay we ALL know about Canada legalization.
Agreed to both comments. Now plant the SOBs and get going lol
Guys were up 4% let’s be cheerful. The news wasn’t that great but I see what they did here by obtaining good strains. By the end of next year we’re talking a good investment. Patience is one thing I don’t have but it’s all good. Long MedMen and Sunniva
Rofl how am I a loser? I said news out bro jeeez. It’s not major news imho. Just a small grow facility
News out
SUNNIVA TO ACQUIRE NORTHERN CALIFORNIA LICENSED CULTIVATION AND GENETICS FACILITY
So what’s your sell cost Potter? 0.01? Lol
Potter what are you talking about? This ride just got started...my seat is just warmed up. Ride or die Sunniva. Haven’t you heard? Canada plays are OUT, American plays are IN!! Buy on rumor sell on NEWS!!! And rumor IS trump is planning to legalize medical after midterms.
Your loss lol!!! Down 6% and dropping like a ROCK.
Typical Sunniva. A slight Green Day followed by 5-10 reds. @&$& it I’m STILL long. RIDE OR DIE
Major volume increase...potential short squeeze. 5x 10 day avg volume. Expect news
LOL @ 1.00....I mean the trend says it all doesn’t it?
Fake news lol
It’ll probably run to 15-20 end of next year. In the meantime lots of pain and little patience for us early investors
On a positive note and I know I’m recycling old news but this is a good read
https://www.google.com/amp/s/amp.desertsun.com/amp/952655002
Guay that Fox report is the best news I’ve seen all year lol
And I’m not going to respond to your silly rhetoric. Numbers don’t lie.
If it runs below a dollar you’ll be buying from a lot of weary long investors I’m quite sure.
Well I as an investor PREFER the uptrend that everyone ELSE in the sector is experiencing. I also like to make money and a decline in SP doesn’t do that for me since I do not short stocks.
He’s right. And no new presentation that a college intern put together will swing me differently. This company has now has 48 MILLION shares...not too long ago it was 30. SO...SHARE PRICE DOWN DILUTION IS UP. THATS all I’m seeing...ZERO inspiration.
I hear you John...I’ve had a BAD week like most everyone else I am sure.
This one here is by far the absolute worst MJ stock there is....it just trends down. Ah well cya next week
I thought this was a VERY interesting quote;
Sunniva has retained Canaccord Genuity Corp., who has commenced a formal process to review all strategic alternatives which may include a sale of, an investment in, or a joint venture for some or all of the Company’s Canadian assets with the intention to spin out the Company’s Canadian assets into a separate Canadian entity and apply to list its shares on the Toronto Stock Exchange and the NASDAQ Stock Market.
I’m not grabbing more until it hits 2 bucks. We have a LONG way to go before this thing pops off.
John again I agree with your concerns on sales etc.,These are questions that management has had a hard time answering.