Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) to Spinoff Canadian Assets to Unlock Underlying Value

New Canadian assets to be listed on the Toronto Stock Exchange and Nasdaq Sunniva’s U.S. assets to remain listed on the Canadian Securities Exchange (CSE) under the ticker symbol ‘SNN’ Two-year contract signed with industry leading Canopy Growth Corp. for 45 percent of production at Sunniva Canada Campus in British Columbia Sunniva anticipates launching its first line of Sunniva-branded products in the U.S. in Q3 2018

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).

Canadian assets in the proposal, designed to unlock the underlying value of Sunniva’s assets on both…

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