Replies to post #114 on Sunniva Inc (SNNVF)

[cannastock]

Per my calculation, $1 billion market cap with 37 million shares fully diluted comes at around $27 per share. $5 billion market cap is around $135 a share! Strapping down my shares tightly!

[LocoEsquire]

It's also feasible because they are making a stake in the US market which is ten times the population of Canada. Hell, California alone has more people than Canada, and Sunniva is making a stake in both markets, plus, they haven't had the unbelievable runup that the big 3 have. Don't get me wrong, I think Canopy is a fantastic company, but it's valuation is currently the same as Bombardier Aircraft. Given that they have expressly stated they are not getting involved in US operations, I have to question whether they are really a 5.5 Billion dollar company, regardless of how well run they might be.