Sunniva acquires California-based cannabis distributor

Women, minority execs show few gains in U.S. cannabis industry, according to the latest data from the MJBiz Diversity, Inclusion and Equity Report. Get your copy here.


Vancouver, British Columbia-based Sunniva (Canadian Securities Exchange: SNN) has acquired LTYR Logistics, a California-based cannabis distribution company in a stock deal valued at 7.9 million Canadian dollars ($5.9 million).

LTYR Logistics, headquartered in San Diego, will become Sunniva’s logistics and technology distribution platform.

Read more about the deal here.