SNNVF - Sunniva Inc.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 0.0944 |
| Open | 0.0800 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.0800 - 0.1102 |
| 52 Week Range | 0.0690 - 3.1200 |
| Volume | 89,627 |
| Avg. Volume | 43,100 |
| Market Cap | 3.881M |
| Beta (5Y Monthly) | -0.07 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.4780 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
Fair Value
Related Research
- PR Newswire
Sunniva Responds to Filing of Notice of Motion by Matrix Venture Capital Management Inc. Seeking Bankruptcy Order
Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) has become aware that it has been named in an action (the "Action") commenced by Matrix Venture Capital Management Inc. ("Matrix") whereby Matrix has filed a Notice of Motion (the "Notice of Motion") with the Supreme Court of British Columbia seeking a Bankruptcy Order under the Bankruptcy and Insolvency Act (Canada) in respect to the property of Sunniva in connection with a promissory note issued by Sunniva to Matrix on October 11, 2019 in the amount of USD$6,000,000.
CNW GroupSunniva Inc. Responds To Filing Of Court Petition With Respect To Its Okanagan Falls Property
VANCOUVER, British Columbia , May 8, 2020 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN) (OTCQB:SNNVF), has become aware that its subsidiary Sunniva Medical Inc. ("SMI"), along with SMI's wholly owned subsidiary, 1167025 B .C. Ltd. ("1167025"), has been named in a petition filed in the Supreme Court of British Columbia in connection with a mortgage (the "Mortgage") between 1167025 and Shuttleworth Properties Ltd. (the "Petitioner") dated June 14, 2018 . The Mortgage is in respect of an approximately 114-acre property in Okanagan Falls, British Columbia (the "Property") owned by 1167025 that is the site of the Sunniva Canada Campus, which includes construction assets for a planned 759,000 square-foot greenhouse.
- CNW Group
Sunniva Inc. Provides Update On Annual Filings, Staff Reductions And Status Of Previously Announced Sale Of Sunniva Medical Inc.
VANCOUVER, British Columbia , April 28, 2020 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN) (OTCQB:SNNVF), is providing an update on the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019 (the "Annual Filings"). In addition, the Company is announcing that in an ongoing effort to manage its current significant liquidity issues, it will be initiating staff reductions in California and Canada effective May 1, 2020 , including Duncan Gordon , Chief Operating Officer of the Company. The British Columbia Securities Commission has enacted BC Instrument 51-515 - Temporary Exemption from Certain Corporate Finance Requirements ("BCI 51-515") which allows for a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 .
- PR Newswire
Sunniva Inc. Announces Amended Terms Of The Previously Announced Sale Of Sunniva Medical Inc. To CannaPharmaRx, Inc.
Sunniva Inc. ("Sunniva", the "Company", "we", or "our") (CSE:SNN, OTCQB:SNNVF) and CannaPharmaRx Canada Corp. ("CannaPharmaRx"), a subsidiary of CannaPharmaRx, Inc. (OTC Pink: CPMD) announced that they have amended the terms of the Share Purchase Agreement announced on June 11, 2019, as amended on October 2, 2019 and November 28, 2019, with respect to the sale of Sunniva Medical Inc. ("SMI") to CannaPharmaRx (the "SMI Transaction"). Both parties have agreed to extend the outside date for closing of the SMI Transaction until March 31, 2020. In addition, prior to the amendment, the purchase price was to be settled with CAD $16.0 million in cash and a CAD $4.0 million promissory note. Following the amendment, the purchase price will be settled with CAD $12.9 million in cash and CAD $7.1 million through the issuance of 3,566,687 Series C Convertible, redeemable preferred shares of CannaPharmaRx. Following the settlement of indebtedness of SMI at closing and the mortgage on the Okanagan Falls property, including the previously received CAD $1.9 million in deposits, net cash proceeds at closing to Sunniva are expected to be approximately CAD $7.3 million. The Company and CannaPharmaRx continue to work as expeditiously as possible to get the SMI Transaction completed.
- CNW Group
Sunniva Responds To Filing Of Statement Of Claim With Respect To Sale Of Natural Health Services Ltd.
VANCOUVER, British Columbia , Feb. 24, 2020 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF)Â has become aware that it has been named in a lawsuit (the "Lawsuit") commenced by Cura-Can Health Corp. ("Cura-Can") in connection with an amended and restated share purchase agreement dated December 16, 2019 (the "Share Purchase Agreement"), pursuant to which the Company agreed to sell its wholly-owned subsidiary, Natural Health Services Ltd. ("NHS") to Cura-Can (the "Transaction"). The remedies sought by Cura-Can in respect of the Lawsuit include damages from alleged misrepresentations made by the Company in the Share Purchase Agreement in respect of ongoing investigations related to the previously disclosed privacy breach of NHS. Sunniva intends to defend this action.
- CNW Group
Sunniva Inc. Provides Update On Current Liquidity Position And Announces The Resignation Of A Board Member
VANCOUVER, British Columbia , Feb. 20, 2020 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (SNN.CN) (SNNVF), announces that its wholly owned subsidiary, CP Logistics LLC, has secured a short term loan (the "Loan") in California for net proceeds of approximately USD$477,803 with a non-bank private lender as part of its ongoing efforts to manage current liquidity issues. The Loan has a term of 12 months, bears an interest rate of 12%, and is secured against Sunniva's warehouse located in Long Beach, California . This loan is one of the cash generating initiatives that we have been pursuing; however, our stakeholders should understand that as previously disclosed Sunniva continues to face significant business and financial challenges," said Dr. Anthony Holler , Chairman and CEO of Sunniva Inc. "In California, we are involved in a dispute related to the Cathedral City Glasshouse where the owner and landlord is seeking to terminate our lease.
- PR Newswire
Sunniva Inc. Announces Ceasing Operations Of Full-Scale Distributors, LLC
Sunniva Inc. ("Sunniva" or the "Company") (CSE: SNN) (OTCQB: SNNVF), announces that as part of its previously stated cost saving measures through reducing its business activities in California it will be ceasing operations of its wholly owned subsidiary, Full-Scale Distributors, LLC ("FSD") by the end of February 2020.
- CNW Group
CP Logistics, LLC Files Motion To Compel Arbitration In Dispute With Sunniva Production Campus, LLC and Announces The Resignation Of A Board Member
VANCOUVER, British Columbia , Jan. 14, 2020 /CNW/ -- Sunniva Inc. ("Sunniva" or the "Company") (CSE:SNN) (OTCQB:SNNVF), announces that its wholly owned subsidiary, CP Logistics, LLC ("CPL"), has filed a Motion to Compel Arbitration ("Motion") in California Superior Court for the County of Los Angeles (the "Court"), seeking to compel Sunniva Production Campus, LLC ("SPCL") to arbitrate its claim that CPL breached the payment terms of an Amended and Restated Promissory Note dated August 11, 2019 (the "Note") and to stay the Court action SPCL commenced on December 11, 2019 with respect to the Note. Through the filing of the Motion, CPL has asked the Court to restrain SPCL from attempting to avoid the Arbitration process.
- CNW Group
Sunniva Responds To Filing Of Notice Of Claim With Respect To Finder's Fee Agreement
Sunniva Responds To Filing Of Notice Of Claim With Respect To Finder's Fee Agreement
- PR Newswire
CP Logistics, LLC Reports That The Temporary Restraining Order Filing Against Sunniva Production Campus, LLC Was Denied
Sunniva Inc. ("Sunniva" or the "Company") (CSE: SNN) (OTCQB: SNNVF), announces that the previously reported application for a Temporary Restraining Order ("TRO"), filed by its wholly owned subsidiary, CP Logistics, LLC ("CPL"), against the Sunniva Production Campus, LLC ("SPCL") with respect to the Notice of Termination of Lease issued by SPCL, was denied in California Superior Court for the County of Riverside (the "Court") on December 24, 2019. The Company is continuing to assert its rights under the Lease and has submitted a Demand for Arbitration and Notice of Claims with JAMS, the world's largest private alternative dispute resolution provider, to initiate the arbitration process pursuant to the dispute resolution provisions of the Lease agreement for the property located at 69375 Ramon Road, Cathedral City, California.
- PR Newswire
CP Logistics LLC Files For Temporary Restraining Order Against Sunniva Production Campus, LLC In California Superior Court
Sunniva Inc. ("Sunniva" or the "Company") (CSE:SNN) (OTCQB:SNNVF), announces that its wholly owned subsidiary, CP Logistics LLC ("CPL"), has filed an application for a Temporary Restraining Order ("TRO") in California Superior Court for the County of Riverside (the "Court") and has submitted a Notice of Claims with JAMS, the world's largest private alternative dispute resolution provider, to initiate the arbitration process ("Arbitration") with respect to the previously disclosed Notice of Termination Letter issued by the Sunniva Production Campus, LLC ("SPCL") with respect the Lease related to the property located at 69375 Ramon Road, Cathedral City, California. Through the filing of the TRO, CPL will ask the Court to restrain SPCL from enforcing its alleged termination of the Lease until the Arbitration process is completed. The hearing for the application for a TRO will be held in Court on December 24, 2019.
- CNW Group
Sunniva Inc. And CannaPharmaRx, Inc. Provide Update On The Sale Of Sunniva Medical Inc.
KELOWNA, British Columbia and VANCOUVER, British Columbia , Dec. 23, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) and CannaPharmaRx Canada Corp. ("CannaPharmaRx"), a subsidiary of CannaPharmaRx, Inc. (OTC Pink: CPMD) today jointly announce that while the previously announced December 20, 2019 outside date of the Share Purchase Agreement has passed, they continue to work towards completion of the sale of the shares of Sunniva Medical Inc. ("SMI") to CannaPharmaRx (the "SMI Transaction"). SMI owns the Sunniva Canada Campus, which includes construction assets for a planned 759,000 square-foot greenhouse located on an approximately 114-acre property in Okanagan Falls, British Columbia . Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
- CNW Group
/C O R R E C T I O N -- Sunniva Inc./
In the news release, Sunniva Inc. Announces Amended Terms And Closing Of The Previously Announced Sale Of Natural Health Services Ltd., issued 19-Dec-2019 by Sunniva Inc. over PR Newswire, we are advised by the company that the previous press release issued December 19, 2019 inadvertently omitted information regarding finder's fees payable with respect to the Transaction. Sunniva Inc. Announces Amended Terms And Closing Of The Previously Announced Sale Of Natural Health Services Ltd. VANCOUVER, British Columbia , Dec. 19, 2019 /CNW/ --Â Sunniva Inc. ("Sunniva", "we", "our" or the "Company") (CSE:SNN, OTCQB:SNNVF)Â and Cura-Can Health Corp. ("Cura-Can") are pleased to announce the closing of the previously reported sale (the "Transaction") of Sunniva's wholly-owned subsidiary, Natural Health Services Ltd. ("NHS") on December 18, 2019 .
- PR Newswire
Sunniva Reports That The Ex Parte Application Filing In California Against CP Logistics, LLC Was Denied In Court
Sunniva Inc. ("Sunniva" or the "Company") (CSE:SNN) (OTCQB:SNNVF), has been advised that the previously reported ex parte application for a writ of attachment filed by Sunniva Production Campus, LLC ("SPCL" or the "Plaintiff") against CP Logistics, LLC ("CPL" or the "Defendant") and submitted to the court on December 17, 2019 has been denied by the Los Angeles County Superior Court.
- CNW Group
Sunniva Responds To Ex Parte Application Filing In California Against CP Logistics, LLC With Respect to Outstanding Promissory Note
Sunniva Responds To Ex Parte Application Filing In California Against CP Logistics, LLC With Respect to Outstanding Promissory Note
- CNW Group
Sunniva Provides Update Of California Operations As A Result Of The Current Legal Disputes
VANCOUVER, British Columbia , Dec. 13, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF)Â announced today it is taking steps to preserve its available funds to allow it to actively pursue its rights under the previously disclosed dispute related to the Build to Suit Lease of the Cathedral City Glasshouse and to deal with disputes with certain of its debt holders for due, and claimed due, debt. As part of these cost saving measures, the Company is reducing its business activities in California relating to both the extraction facility in Cathedral City and the distribution facility in Coachella while seeking opportunities to monetize both, and is actively pursuing the sale of the Long Beach warehouse.
- PR Newswire
Sunniva Responds To Filing Of Notice Of Claim With Respect To Promissory Notes
Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE: SNN) (OTCQB: SNNVF), has become aware that it has been named in a lawsuit (the "Lawsuit"), along with its wholly-owned subsidiary, 1167025 B.C. Ltd., commenced in connection with loans made by Matrix Venture Capital Management Inc. (the "Plaintiff") to Sunniva on August 28, 2019 and October 11, 2019, respectively, in the aggregate amount of USD$7,000,000 (the "Loans"). The remedies sought by the Plaintiff include a mortgage over Sunniva's Okanagan Falls property to secure payments of the amounts of the Loans owed by Sunniva to the Plaintiff.
- CNW Group
Sunniva Inc. And CannaPharmaRx, Inc. Announce Extension To Outside Date Of Share Purchase Agreement For Sale Of Sunniva Medical Inc.
KELOWNA , British Columbia and VANCOUVER, British Columbia , Nov. 28, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN, OTCQB:SNNVF) and CannaPharmaRx Canada Corp. ("CannaPharmaRx"), a subsidiary of CannaPharmaRx, Inc. (OTC Pink: CPMD) today jointly announce that they are extending the outside date of the Share Purchase Agreement previously announced on June 11, 2019 with respect to the sale of the shares of Sunniva Medical Inc. ("SMI") to CannaPharmaRx (the "SMI Transaction") until December 20, 2019 . The terms of the SMI Transaction, as amended on October 2, 2019 , otherwise remain unchanged, with the purchase price to be satisfied by way of CAD $16.0 million in cash (less outstanding indebtedness of SMI at closing) and CAD $4.0 million by way of a promissory note of CannaPharmaRx (the "CPMD Note").
- CNW Group
Sunniva Inc. Announces Q3 2019 Financial Results And Dispute Related To Cathedral City Glasshouse
Sunniva Inc. Announces Q3 2019 Financial Results And Dispute Related To Cathedral City Glasshouse
- CNW Group
Sunniva Inc. To Announce 2019 Third Quarter Results On November 26, 2019
Sunniva Inc. To Announce 2019 Third Quarter Results On November 26, 2019
- Benzinga
Sunniva President, Board Director Resign Weeks After CFO Departure
Cannabis company Sunniva Inc.  (CSE: SNN) (OTC: SNNVF ) said Monday that President Kevin Wilkerson has resigned for personal reasons. Wilkerson also resigned from his position as president and CEO of ...
- PR Newswire
Sunniva Announces Resignation Of President
VANCOUVER, B.C., Nov. 18, 2019 /PRNewswire/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, announces that for personal reasons, Kevin Wilkerson has resigned from his position of President of the Company and from the position of President and Chief Executive Officer of Sun CA Holdings, Inc., the Company's main US subsidiary, effective December 2, 2019. The Company has not announced any replacement for Mr. Wilkerson at this time.
- PR Newswire
Sunniva Announces Resignation Of Chief Financial Officer And Appointment Of Interim Chief Financial Officer
VANCOUVER, British Columbia, Nov. 4, 2019 /PRNewswire/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, announces Dave Lyle, Chief Financial Officer has resigned as an officer, effective November 1st, for personal reasons. The Company's Global Controller, David Weinmann, has been appointed to Interim CFO. Mr. Weinmann has a Bachelor of Science in Accountancy from San Diego State University.
- CNW Group
Sunniva Inc. Provides Update On Sale Of Sunniva Medical Inc. To CannaPharmaRx
Sunniva Inc. Provides Update On Sale Of Sunniva Medical Inc. To CannaPharmaRx
