VANCOUVER, BC – October 17, 2018 – Sunniva Inc. (“Sunniva” or the “Company“) (CSE:SNN) (OTCQX:SNNVF), a North American provider of cannabis products and services, is pleased to announce they have signed a non-arms length binding letter of intent dated October 16, 2018 with the Oakland Vision Project (“Vision”) to acquire all the issued and outstanding equity interests of the companies that comprise Vision (the “LOI”). Vision is co-owned by Vinayak Shastry, Sunniva’s President of US Operations. Vision operates a licensed cultivation facility located in Irvine, California (the “Vision Facility”). Completion of the acquisition remains subject to a number of conditions including, among other things: the negotiation and execution of a definitive agreement between Sunniva and Vision, completion of due diligence and receipt of regulatory approvals, including approval of the Canadian Securities Exchange (“CSE”).

SUNNIVA TO ACQUIRE NORTHERN CALIFORNIA LICENSED CULTIVATION AND GENETICS FACILITY FULL PDF