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If this reaches $20-30, I will be able to retire lol.
Lost $180k after Ted pumped the hell out of Sunniva. I will be cautious..
Very puzzling indeed..
lol
Buy buy buy
at Barchart
They forgot to count the new shares
Dropping again. This management is a joke lol
Should've invested in Kontrol instead of this company
I did a quick search and came up
Lanza (Costantino) 5,370,634 Aug 20, 2020
McMeekin (Russel H) 5,490,252 Aug 18, 2020
Rollison (Rebecca Lee) 42,433 Nov 16, 2020
Russell, Ian 312,700 Aug 30, 2020
Schutz, Chantal 9,483 Feb 17, 2021
Personally I have been accumulating in last few days.
I just hope that this isn’t another Vancouver based Sunniva fiasco that made me to loose $750k last few years.
a comment from SA:
Hi polarbear, appreciate your thoughts. While I understand your sentiment, my opinion is completely the opposite of yours. I believe SNN is currently a fantastic buy, a better opportunity than it's ever been and I could not be more optimistic about its future.
Let me say that the things you characterize as fails are only fails if your investment horizon ends tomorrow. In that case yes, SNN is a resounding failure. If, however, you believe that December will follow November, 2019 will follow 2018, and 2020 will follow 2019, then now is the time to be extremely excited about SNN.
First, California. There are currently 50+ workers working at the Cathedral City site and it will become operational in nore more than 6-8 weeks. This isn't hope or speculation. Just look at the webcam on the company's website: the first few bays are already very close to finished. What's more, the recent acquisition of Oakland Vision means they'll be good with go with proven genetics, plantlings and growing expertise as soon as the physical structure is completed. And this is the largest, most advanced cannabis production facility in California; anywhere outside of Canada, in fact. Yes, there have been construction delays of up to 6 months, but in the real world these things happen and it does nothing to detract from the overall opportunity. Actually, it could be argued that now is a better time to go live because it is only now that the State's enforcement efforts are really picking up. It's in this kind of tightening legal environment that Sunniva's compliance and quality-at-scale approach provide the best leverage and bargaining power. In any case, let's not fault Sunniva for the extended timeline - they are not a construction company and there was nothing they could do to speed things up. They don't even own the Cathedral City campus - Barker Pacific Group does and there were multiple contractors involved. Ultimately, the reality is that building greenhouses this big and this sophisticated is complicated, expensive and it takes time, which is why so few companies have been able or will be able to do it and why it's such a great thing to be a Sunniva shareholder now, when the most vulnerable time in the company's lifecycle is very nearly behind us and the stock price does not reflect it yet.
Second, Canada. NHS is successful and medical cannabis shows no signs of going away. In Ok Falls, the company received all of the permits and grading and foundation work are complete. The greenhouse is ready to be built as soon as Canaccord finish their systematic review of all of Sunniva's strategic alternatives for financing the site. They have options now. They can choose, and I am confident they will make the best choice. These assets are valuable and their value is not really reflected in the stock price, and that's another reason why it's such a tremendous buy. This issue, too, will be resolved within the next few weeks and I am sure the outcome will be positive for the stock.
As a sidenote, do you remember the common gripe about Sunniva in Canada, that they are late to the party? Well, the party is a mess. If the current distribution problems and market volatility tell us anything, it's that the Company's patient, wait-and-see approach makes sense. They're building a company for years to come, not for the next market rally. As frustrating as it is us investors, our CEO and our President and very experienced and know what they are doing.
Now, about that Canopy agreement and the risk that Canopy will cancel it. To me, this is not a real concern. Canopy needs a consistent supply of high-quality, high-quantity cannabis like never before. It is absolutely irrelevant that Canadian and international markets may or may not be oversupplied. Canopy requires clean product for mass market beverages and other applications, and that's what Sunniva can reliably deliver. This is the reason why they signed the agreement in the first place. Nothing has changed, except maybe that their need is greater than before following the massive Constellation investment. Moreover, things are moving in the US faster than anyone expected, and Sunniva would offer the very best gateway into the nation's largest State. So canopy has every reason to seek a close relationship with Sunniva.
One last thing. That Oakland Vision acquisition? Based on the investigative work of some of our colleagues in the Discord chat group, Sunniva is planning something similar for Canada: we expect the company will soon acquire a newly-built processing facility and two cultivation greenhouses in Summerland, BC not far from Ok Falls. We speculate that these will come complete with a License, thus fulfilling the terms of the Canopy deal. Still unsure about this one, but it looks like Sunniva could have some aces up its sleeve in addition to a phenomenal set of cards already on the table.
Read more at http://www.stockhouse.com/companies/bullboard#825QZwkFm8JH1rXQ.99
Bye Bye Jeff Sessions
52 Week Low at CDN$4.51 ouch. I totally ran out of funds to add.
Check out the progress.. pouring concrete time.
Getting excited!
California Progress
Sunniva is briefly mentioned in this news at the bottom.
420 with CNW - Opioid Alternative Launched in California by Cannabis Company
C3 International recently launched a ground-breaking painkiller derived from cannabis as an alternative to the conventional prescription opioids that have been linked to so many issues, such as the possibility of addiction, constipation, incoherence, loss of appetite and other side effects.
The pill made by C3 International is unique because it is a standardized product that can be trusted to deliver the same results at a given dosage for those who use it.
The company says that its product doesn’t have any psychoactive ingredients since only CBD was extracted and added to a formulation of other ingredients calculated to provide different doses of marijuana based on the needs of a patient.
The tablet provides an easy way for doctors to prescribe and ensure that a patient is consuming the required quantity of the therapeutic product within the stipulated intervals.
This is different from what has been happening with the existing edible or smoking marijuana products whose medicinal content often varied from one batch purchased to the next. It is also common for the ingredients to vary from one plant to another. This makes it hard to be certain that the patient is receiving the exact quantity of curative ingredients to produce the desired results without triggering any unwanted effects.
The ingredients used to make the new pill are extracted from cloned plants which yield a uniform amount and quality of the desired ingredients. One can therefore be sure that each pill will contain exactly the same amount of ingredients as any other pill made by the same manufacturer.
Unfortunately, this product is only available within the state of California, so patients elsewhere may have to wait. Federal laws prohibit marijuana or any products derived from it to cross state lines, so the new pill cannot be provided outside California.
Those who are within California may also be pleased to learn that several insurance providers will cover the cost of getting these novel pills. One simply has to contact their insurer and confirm that the company can be billed for the cannabis pills.
The pill launched by C3 International is likely to be one of many new products which will hit the market in the states where marijuana has been decriminalized in some form. If one could only take a sneak peek into Sugarmade, Inc. (OTCQB: SGMD) and Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) to learn what they intend to introduce on the rapidly evolving marijuana market!
More from CannabisNewsWire
CBD Exploding into Mainstream Wellness Products
Fresh Acquisitions Help Companies Profit from Growth in the Cannabis Sector
420 with CNW – American Cannabis Producers Fear Canadian Industry Dominance
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LOL. That puts SNN's market capitalization below what they are currently pulling in. Mark my word, this stock will be trading between $15-25 next year (barring any major dilution or material change) and $30+ in 2020. I have 12,000 shares at $7.25 average yet I am not worried a single bit.
Sunniva Progress
Check out the Video above.
Say their SEC attorneys are edgarizing all supporting documents right now, aren’t we supposed to see something today after trading hours?
CE sign usually stays up there for at least 30 days even if things are rectified.
ALKM: "We never said they would all be done at once, in fact quite often we have stated that this is the first domino to fall, positioning us for hitting all the others in rapid succession. Having all of them completed at once would be an incredible accomplishment, but until we can show you and all others that we are making good on getting current and not going dark, our core focus has to stay on both getting current and growing the business. Regardless, completion of an almost endless auditing inquisition is a major milestone for us, and yes, we are celebrating at this point. Our SEC attorneys are “filling in the blanks” and there is nothing left for us to account for on our side. Although it’s been difficult for all across the board, and you may not be seeing it this way, but we are looking at it as a major milestone in true turnaround fashion and poised for rapid growth.
Manage"
lol spoke too soon
Yeah maybe watch the movie Wolf of Wall Street again “Number one rule of Wall Street. Nobody... and I don't care if you're Warren Buffet or if you're Jimmy Buffet. Nobody knows if a stock is gonna go up, down, sideways or in fucking circles.”
Haven’t sold a single share... still holding 116M here.
Haha these guys are desperate now.
YES!!!!!! Fins are coming out!!!
Yes volume was between 1-1.5 Billion shares each day
Wow amazing find Hatter! I feel that THC and CBD infused drinks are the future. I live in Canada and lots of MJ companies are scrambling to get their r&d facilities funded and built for THC and CBD drinks. ALKM seems few steps ahead of the competition.
You can easily hide the iBox by clicking a button on the top right corner
Historically if fins are outstanding to exceptional.. aftermarket Friday release will be ideal IMO.
Go check my previous postings. You might be able to find a screenshot of me and my friends share count of 315 Million somewhere...
And no we haven’t sold a single share. Not sure about my friend but I am still accumulating..
Time to accumulate was about month ago when someone was dumping 0.0006s. Glad I grabbed 50M of those.
Alkame just responded on FB: Yes, we do communicate all day, everyday. Derivative liabilities were the only thing left to be corrected and sent back. That has been done. Back to waiting on the auditors response.
Alkame: I think you are missing the story! The company has been staying focused on fundamentals and growing the business while we work on getting the financials current. Otherwise we would have filed a Form 15 and become an alternative filer and gone dark, but we didn’t for good reason. We have built something amazing, but Rome wasn’t built in a day.
Alkame: We do not have any plans for a reverse split on the horizon? The filing will go out immediately after the auditor approval. We are anxiously awaiting the approval.
Go to their Facebook now and start asking!! They are answering rights now.
Alkame said on FB: We wanted to provide a quick update, but we are still waiting to hear back from the auditors. We provided updates to them and are waiting on the response. We assure you that nobody wants these filed as much as we do. For now we can try and field some questions, but that is the update.
LOL so insane to think of it.