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Tag Archives: Packaging And Distribution Capabilities

Sunniva Announces Acquistion Of Two Licenced Cannabis Companies To Expand Its Packaging And Distribution Capabilities In California

April 29, 2019 /CNW/ -- Sunniva Inc. ("Sunniva", the "Company", "we", "our" or "us") (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce that its wholly-owned subsidiary, CP Logistics, LLC ("CPL") has acquired an 80% membership interest in 420 Distribution, LLC ("420") and Coachella Distillation, LLC ("Coachella") (collectively, the "Companies") from Group Two Investments, LLC ("Group Two") and will assume the existing leases of the commercial property located in Coachella, CA. The total consideration for the Companies was not material (the "Purchase Price").
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