28 November 2024

Howe Street Reporter Title

Tag: Sunniva shareholders

  • When Big Plans Fail: Sunniva (SNN.C) bails on Okanagan cultivation facility

    When Big Plans Fail: Sunniva (SNN.C) bails on Okanagan cultivation facility

    Buried in Sunniva’s (SNN.C) April 29, 2019 “strategic update” was the news that “current development plans for the Sunniva Canada Campus in Okanagan Falls, BC have been suspended.  As a result, the supply agreement with Canopy Growth Corporation will not proceed.” In the following three days, SNN shed about $40 million in market cap. Luckily…