- SNN is a vertically integrated medial cannabis company operating in California and Canada
- Company’s goal is to increase shareholder value by boosting stock liquidity and increasing exposure to investors
- SNN has a number of subsidiaries, including Sunniva Medical, Inc., CP Logistics, LLC, Natural Health Services Ltd., and Full Scale Distributors, LLC
Sunniva, Inc., (CSE: SNN) began trading on the Canadian Stock Exchange under the ticker symbol “SNN” in early January, it announced (http://ibn.fm/RtgYr). The company is a North American provider of medical cannabis products and services.
SNN is a vertically integrated medical cannabis company operating in California and Canada, both large medical cannabis markets. It is committed to the cultivation, production and distribution of low-cost products that are free from pesticides and other contaminants. Management of the company has a proven track record in health care and the biotech space.
“Listing on the CSE is an important milestone for Sunniva and a key piece of the equation in our plan to enhance shareholder value by increasing stock liquidity and exposure to investors,” Dr. Anthony Holler, founder and CEO of the company, stated in a news release. He added that the listing greatly expands the company’s pool of potential investors and offers a number of other benefits.
Leith Pedersen, president and co-founder of Sunniva, Inc., told Business of Cannabis in an interview that the company was starting construction on a state-of-the-art greenhouse growing facility in Cathedral City, California (http://ibn.fm/FeBqI). It is also planning a 700,000 sq. ft. facility in Oliver, B.C., he said.
Pedersen added that SNN’s wholly-owned subsidiary, Natural Health Services (NHS), is Canada’s largest referral network of medical cannabis patients to licensed producers in the country. It also operates eight clinics throughout western Canada and Ontario with greater than 76,000 patients, he said.
For more information, visit the company’s website at www.Sunniva.com
