Cannabis Sector Spotlight: Sunniva Inc.

The Ubika Marijuana Stock Index soared 143% year-over-year, outperforming the Canadian cannabis sector as a whole

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The Ubika Marijuana Index continues to outperform on a year-over-year basis, sprouting 143% higher since this time last year. Comparatively, the Horizons Marijuana Life Sciences Index (HMMJ) climbed 81% while the TSXV declined 3% YoY. This report examines a growing Canadian marijuana company that has caught our attention with its vertically-integrated business model. Sunniva Inc. (CSE:SNN, OTCQX:SNNVF), a cannabis developer of medical marijuana with operations in British Colombia and California, has underperformed its benchmark, the HMMJ (11% decline vs 8% decline) since it began trading in January 2018.

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