Vertically integrated cannabis company Sunniva Inc. (CSE:
SNN) (OTCQX: SNNVF) recently revealed its plans to spinoff its Canadian assets
to attain the full value of its resources in both the US and Canada. The
resulting Canadian assets will then be listed on the Toronto Stock Exchange and
Nasdaq. A recent article discussing the company reads: “Sunniva Inc. (CSE: SNN)
(OTCQX: SNNVF), a vertically integrated medical cannabis company headquartered
in Vancouver, Canada, and operating in the world’s two largest cannabis markets
– Canada and California – is reaping positive attention with the news that the
company intends to spin off its Canadian assets. The proposal, which would
create a new entity listing on the Toronto Stock Exchange (TSX) and Nasdaq,
will leave Sunniva’s U.S. assets to trade on the Canadian Stock Exchange, the
company announced in a recent press release (http://ibn.fm/9gYmK).”
To view the full article, visit http://ibn.fm/feL7k
About Sunniva Inc.
Sunniva, through its subsidiaries, is a vertically
integrated cannabis company operating in the world’s two largest cannabis
markets – Canada and California – where we are committed to delivering safe,
high-quality products and services at scale and creating trusted Sunniva
branded cannabis products. Our vision is to become one of
the lowest cost, highest quality vertically
integrated cannabis producers in the markets we serve by building
large scale purpose-built current cGMP designed greenhouses
and expansion of retail locations, offering better quality
assurance with cannabis products free from pesticides, providing
better customer access to cannabis education and sourcing better
therapeutic delivery devices. Sunniva’s management and board of
directors have a proven track record for creating significant shareholder value
both in the healthcare and biotech industries. For more information, visit the
company’s website at www.Sunniva.com
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