Sunniva to Pursue NASDAQ and TSX Listings for its Canadian Operations

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Vancouver, British Columbia–(Newsfile Corp. – July 10, 2018) – Sunniva Inc. (CSE:SNN) (OTCQX: SNNVF) (“Sunniva” or the “Company”), a North American provider of cannabis products and services, is pleased to announce that it intends to spin out its Canadian assets into a separate Canadian entity and apply to list the shares on the Toronto Stock Exchange (“TSX”) and the NASDAQ Stock Market (“NASDAQ”) in an effort to unlock the underlying value of the Company’s assets on both sides of the border (the “Spinout Transaction”). The Company has retained Canaccord Genuity Corp. to act as a financial advisor in connection with the Spinout Transaction and other strategic initiatives. The proposed Spinout Transaction of the Canadian assets would include Sunniva Medical Inc. (“SMI”), which is building the Sunniva Canada Campus, 740,000 square feet of purpose-built current Good Manufacturing Practice (“cGMP”) designed greenhouse facilities in British Columbia. SMI has a take or pay supply agreement with Canopy Growth Corporation (“Canopy”). Sunniva to Pursue NASDAQ and TSX Listings for its Canadian Operations

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