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The company has executed a 25 per cent reduction in selling, general and administrative (SG&A) staff. It’s also planning a 30 per cent cut of production staff over the next two quarters as it plans to close operations of five facilities.
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The company is working with University of Toronto to fast-track the development of a cannabinoid forumulation that might aid in the treatment of lung inflammation in patients suffering severe symptoms of COVID-19.
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Sunniva Inc. has been issued a cease trade order for failure to file periodic disclosure required by British Columbia and Ontario securities legislation. Sunniva securities holders are encouraged to consult with their own investment advisors.
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The most comprehensive guide to marijuana gardening ever written is back with all new information and updated advice for cannabis enthusiasts. Over 200 additional pages of all new information are included in this book, from all new lighting equipment and techniques, to highly advanced cannabinoid extraction techniques and detailed, step-by-step gardening guides for novice and professional growers alike.
This book contains over 700 pages, with all new photos and step-by-step guides to every aspect of marijuana horticulture, plant breeding, and hash production. Featuring a handy quick start guide at the beginning to allow growers to get started right away, and hone their techniques as they read the later chapters in more detail.
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CEO David Klein said at a recent investor call that the market is already valued at $10 billion, but that number will steeply increase as more people try out legal cannabis, customers abandon the illegal market and additional stores open in locations like Ontario.
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More recently, it has become clear that automated harvesting solutions on the back end of the process are a necessary addition for businesses to survive and thrive in this evolving, highly competitive marketplace.
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