Sundial Growers Inc. Common Shares (SNDL)
Sundial Growers Inc. is a Canadian cannabis company involved in the cultivation, production, and distribution of marijuana products. Established in 2015, it focuses on providing a range of recreational and medicinal cannabis offerings. The company aims to capitalize on the expanding legal cannabis market through various brands and retail channels.
Company News
Tilray Brands reported better-than-expected Q1 results, with net revenue up 5% and returning to net income. The stock surged 22%, with peers in the cannabis sector also gaining on renewed optimism around U.S. cannabis policy changes.
Multiple stocks saw significant gains on Monday, driven by factors including potential cannabis policy changes, analyst upgrades, and strategic collaborations.
SNDL's (SNDL) first-quarter performance is expected to benefit from reduced cost expenses and expansion into the liquor retail segment.
Organigram plans to use most of the money to shop for deals to expand its geographic footprint
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