Sunniva Inc. SNNVF Archives

ThursdayFeb 14, 2019 11:11 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Secures Additional $4M in Purchase Orders, Expects More Than $55M in 2019 Revenue from Branded Products

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) today announced that it has secured an additional USD $4.0 million in purchase orders from select retail dispensaries in southern California for Sunniva branded cannabis products. This increases the total to USD $11.5 million in sales orders received to date for products to be sold in the first four months of 2019. Sunniva expects continued sales volume growth and, in 2019, estimates USD $55-$60 million in revenue from sales of its branded products in California, from those manufactured in its licensed extraction facility and through purchase of compliant third-party flower from…

ThursdayJan 31, 2019 12:35 pm

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Changes to Senior Leadership Team to Advance Growth Plan; Featured on Uptick Newswire

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) today announced changes to its California leadership team to support growth of its branded product lines to be sold throughout 2019. Kevin Wilkerson was promoted to president of Sun CA Holdings, from his former position as COO, and will be responsible for Sunniva’s California operations. In addition, Mary Patton officially joined the Sunniva team as vice president of marketing in December 2018, after several years of consulting with the company, and will be responsible for overseeing the Sunniva brand launch in California later this year. Wilkerson has been active in the…

FridayJan 04, 2019 9:59 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Secures Over $2.4M in Initial Cannabis Product Sales in California

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that it has secured more than USD $2.4 million in future sales of Sunniva branded cannabis products, to be completed in the first four months of 2019. Achieved through one of the company’s existing retail relationships, this marks Sunniva’s first cannabis product sales in the state of California, and it anticipates securing additional sales contracts in the near future. Sunniva’s current product inventory is estimated at a value in excess of USD $5 million and consists of ultrapure cannabis distillate, premium concentrates and flower. The company intends to…

WednesdayJan 02, 2019 11:20 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC: SNNVF) Announces Acquisition of LTYR Logistics, LLC

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) on Monday announced the closing of its 100% acquisition of LTYR Logistics, LLC (“LTYR”), a California-based cannabis distribution company. Per the update, with its proven ability to execute growth and cannabis space distribution capabilities, LYTR will play an instrumental role in driving Sunniva’s leadership position in California as vertically integrated across the entire value chain, from seed to sale, with the launch of its Sunniva branded product line in Q1 of 2019. “We are pleased to have completed this transaction and we are looking forward to 2019 when the full impact…

TuesdayDec 18, 2018 10:06 am

QualityStocksNewsBreaks – Sunniva Inc.’s (CSE: SNN) (OTCQX: SNNVF) NHS Subsidiary Partners with HelloMD to Expand Patient Reach, Offer Enhanced Medical Cannabis Services

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced the partnership between its wholly owned subsidiary, Natural Health Services Ltd. ("NHS"), and HelloMD, a leading online cannabis telehealth company, to extend telemedicine services to its patients and provide more Canadian communities with convenient access to medical cannabis advice. According to the update, HelloMD will provide its turnkey white-label services to NHS, providing existing and future patients with online health care practitioner consultation services. NHS currently operates a network of seven medical cannabis clinics in four provinces, and the new option will allow the company to extend its…

MondayDec 10, 2018 10:22 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Resignation of Natural Health Services Ltd. President

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced the resignation of Daniel Vass as president of Natural Health Services Ltd. (“NHS”), a wholly owned subsidiary of Sunniva. Vass also resigned as director of the company, and both resignations are effective immediately. "We thank Dan for his contribution to the Company over the past two years and wish him well in his future endeavors,” Chairman and CEO Dr. Anthony Holler stated in the news release. “The Company will ensure that the necessary plans are put in place to effect a smooth transition.” Medical Director Dr. Mark…

ThursdayNov 29, 2018 10:27 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Releases Q3 2018 Financial Results, Reports Strong Revenue Growth

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) released financial and operational results for the three and nine months ended September 30, 2018. The Q3 2018 update (with figures reported in Canadian dollars unless otherwise stated) includes the following highlights: Revenue of $3.8 million with gross margin of 56 percent; year to date revenue of $13.4 million, up more than 30 percent year over year; initial operations and revenue from the extraction facility; closed $23 million bought deal financing. “We continue to make progress towards completion of Phase 1, the first 325,000 square feet, of our purpose built, high-technology…

TuesdayNov 27, 2018 9:32 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Acquires LTYR Logistics, LLC

Sunniva (CSE: SNN) (OTCQX: SNNVF), a vertically integrated cannabis company, this morning announced its acquisition of 100% of LTYR Logistics, LLC, a California-based cannabis distribution company. The primary driver of this acquisition is attributed to LTYR’s strong leadership and proven ability to execute growth strategies using its distribution capabilities within the cannabis space. The company intends to utilize LYTR to secure its position in the California cannabis sector, as the acquisition enables state-wide dissemination of Sunniva branded cannabis products. Kevin Wilkerson, CEO of LTYR, has joined Sunniva as the Chief Operating Officer of Sun CA Holdings, Sunniva’s wholly-owned California operating…

MondayNov 26, 2018 3:37 pm

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Posting Q3 2018 Results on November 28

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) recently announced that it will be releasing financial results for the third quarter of 2018 after market close on Wednesday, November 28, 2018. Additionally, executive management of the company will be hosting a conference call to discuss the results and provide an operational update on Thursday, November 29, 2018 at 11:00 AM ET. To participate in the conference call, dial 1-800-319-4610 or (604) 638-5340. Following the conclusion of the call, an audio replay will be available for two weeks. To listen to the replay, dial 1-855-669-9658 or (604) 674-8052 and enter…

TuesdayOct 23, 2018 9:53 am

QualityStocksNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) President Discusses Company’s Future on Stock Day Podcast

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that Co-Founder, President, Chief Strategy Officer and Director Leith Pedersen recently discussed the company’s future with Everett Jolly of the Stock Day Podcast. Pedersen highlighted Sunniva’s success in attracting a seasoned management team to strategically capitalize on the current cannabis landscape. “We are very fortunate to the look at the successful Canadian landscape and see the partnerships being formed, see the mistakes, and take advantage of our first mover leadership position and business model on what we think will build a successful company in the USA, not…

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