NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC
Post# of 66
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://nnw.fm/YH7q6).”
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