It’s been a weird, wild year so far for investors of Canadian cannabis company Sundial Growers (NASDAQ:SNDL). It appears that SNDL stock got the meme-stock treatment in mid-February, only to get dumped soon afterwards. Source: Postmodern Studio / Shutterstock.com As we’ll see, the $1 level will be significant for Sundial’s shareholders. Maybe Reddit users will start a short squeeze,…

The big news from Sundial Growers (NASDAQ:SNDL) recently was the Oct. 7 announcement that it is buying Alcanna (OTCMKTS:LQSIF) for 346 million CAD ($277.7 million) in SNDL stock. Source: Postmodern Studio / Shutterstock.com Alcanna is a retailer of alcohol in two Canadian provinces: Alberta and British Columbia. It has 171 locations in the two provinces. It…

We’ve all been wondering how Canadian marijuana producer Sundial Growers  (NASDAQ:SNDL) would use its massive cash pile. Now, it seems the company is finally making some major moves with its 1.2 billion CAD. But while Sundial’s recent moves are interesting, it’s best to wait for its quarterly results in November before investing in SNDL stock.…

Based on 2.06 billion shares outstanding as of Aug. 9 and a SNDL stock price of about 75 cents as of the Sept. 7 close, Sundial Growers (NASDAQ:SNDL) has a market capitalization of $1.54 billion. Source: Yarygin / Shutterstock.com That’s right — $1.54 billion with a “B.”     Right off the top of my head, I…

Every time I go to write about Sundial Growers (NASDAQ:SNDL) stock, it seems the Calgary-based cannabis company has something new on the go. Source: Jan Havlicek/shutterstock.com The question is whether any of its moves will result in SNDL stock gaining ground over the final five months of 2021. While it might have been able to…

Google the words “marijuana stocks to buy,” and you get hundreds of thousands of results. Investors remain enthusiastic about weed’s future despite all the ups and downs the global industry has experienced in recent years. When it comes to marijuana investments, I’ve always been partial to those companies whose business strategy goes well beyond the…