Sunniva Archives

Debra BorchardtJune 22, 2021

Sunniva Inc. (CSE:SNN) (OTC-PINK:SNNVF) announced that it has been discharged and released from its CCAA proceedings and Alvarez & Marsal Inc. is now discharged and released from its duties in relation to the Petitioners. As of June 18, 2021, the company and its Canadian subsidiaries implemented the Amended and Consolidated Plan of Compromise and Arrangement […]

StaffJuly 6, 2020

It’s time for your Daily Hit of cannabis financial news for July 6, 2020. On The Site Fire & Flower The relationship between Fire & Flower Inc. (OTCQX: FFLWF) and its strategic investor Alimentation Couche-Tard Inc. (OTC: ANCUF) had signaled that someday the convenience store chain Circle K would get involved with cannabis. It seems the day is getting closer […]

Debra BorchardtJune 18, 2020

Sunniva Inc. (OTCQB:SNNVF) said that it has received notice from the British Columbia Securities Commission that the company has been placed on the default issuers list as a result of its failure to file its annual audited financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications, as required by National […]

Debra BorchardtDecember 4, 2019

Sunniva Inc. (CSE: SNN) (OTCQB: SNNVF) has been named in a lawsuit, along with its wholly-owned subsidiary, 1167025 B.C. Ltd., co in connection with loans made by Matrix Venture Capital Management Inc. to Sunniva on August 28, 2019 and October 11, 2019, respectively, in the aggregate amount of $7 million. The remedies sought by the Plaintiff include […]

Debra BorchardtNovember 18, 2019

Sunniva Inc. (OTC: SNNVF) stock plunged over 40% to lately trade at 45 cents after the company announced that President Kevin Wilkerson would resign. This comes just one week after the company’s Chief Financial Officer also resigned. Wilkerson also resigned from his position as President and Chief Executive Officer of Sun CA Holdings effective December […]

Debra BorchardtNovember 4, 2019

Sunniva Inc. (CSE: SNN) (OTCQB: SNNVF) said it is still working with CannaPharmaRx regarding the sale of Sunniva Medical Inc. to CannaPharmaRx and believe that the deal will be completed. In addition to that news, the company has lost its Chief Financial Officer. Dave Lyle, Chief Financial Officer has resigned as an officer, effective November 1st, […]

William SumnerSeptember 10, 2019

It’s time for your Daily Hit of cannabis financial news for September 10, 2019. On the Site Canndescent Private premium cannabis company Canndescent announced that it closes on a $27.5 million in Series C Preferred Funding. Leading the investment round, Green Acre Capital, a cannabis-specific venture fund from Canada, was joined by Carnegie Arch Capital, […]

William SumnerSeptember 9, 2019

It’s time for your Daily Hit of cannabis financial news for September 9, 2019. On the Site Medicine Man Technologies Medicine Man Technologies, Inc. (OTCQX: MDCL) has been on a dispensary buying binge this past couple of weeks. Today the company has added to that list of newly acquired properties. The company said it would be […]

Debra BorchardtApril 30, 2019

After the market closed on Monday, Vancouver-based Sunniva Inc. (CSE: SNN) (OTCQB: SNNVF) reported its fiscal 2018 results for the year ending December 2018 in Canadian dollars. The company delivered$18.8 million in revenue versus 2017’s $16.1 million. The net losses for 2018 rose to $29.0 million versus last year’s $17.5. The company attributed the increase in […]

StaffApril 5, 2019

Sunniva Inc. (CSE: SNN) (OTCQB: SNNVF) reported preliminary revenue of C$14.0 million for the quarter ending March 31, 2019. This represents a 169% increase over the C$5.2 million in revenue generated for the same time period in 2018. The company did not release any pross or net profit figures, but it did state that full […]

One of Las Vegas’ cannabis lounges closes its doors

Psyence Group consolidates its shares

In other news

Nebraska medical cannabis regulations stall in legislative committee

Regulatory chaos threatens US hemp industry

Report: California regulators suspend cannabis lab’s business license for questionable test results

Tag: Sunniva

Sunniva Says Audits Should Be Done By July

The Daily Hit: July 6, 2020

Sunniva Is Running Out Of Options

Sunniva Racking Up Default Notices As Turmoil Continues

Sunniva Stock Plunges As Company’s President Resigns

Sunniva Loses CFO, Says CannaPharmaRx Deal Still On

The Daily Hit: September 10, 2019

The Daily Hit: September 9, 2019

Sunniva’s Entry In The U.S. Is Turning Out To Be Very Expensive

Sunniva Reports 169% Increase In First Quarter Revenue

One of Las Vegas' cannabis lounges closes its doors

Psyence Group consolidates its shares

Nebraska medical cannabis regulations stall in legislative committee

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