Putting it simply, the story with Sundial Growers (NASDAQ:SNDL) has evolved. No longer the legalization lottery ticket it once was, the idea that you can buy SNDL stock today and flip it when the U.S. approves marijuana on the federal level has more or less gone out the window. Source: Postmodern Studio / Shutterstock.com Instead,…

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…

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…