Sundial Growers (SNDL) has become the luckiest cannabis stock this year. The stock price of Sundial Growers Inc (NASDAQ: SNDL) is trading at over 15% pre-market as of 6:31 AM ET. About Us. To repay its debt, the company has issued stock a number of times and converted the convertible debt to equity. Pre-Market 0.16 (11.19%) SNDL 1.43 0.10 (6.54%). Sundial Growers stock, like other marijuana stocks, might have a brighter future due to Biden’s stance on the sector. Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") announced today that it has priced a best efforts underwritten registered offering of 100,000,000 Series A Units, each consisting of one common share and one-half Series A Warrant to purchase one common share and 33,333,334 Series B Units (and together with the Series B Units, the "Units"), each consisting of one … Additional news that's keeping SNDL stock buoyant is potential merger or acquisition activity involving the company. Which Weed Stocks Are WallStreetBets Redditors Pushing? Insider Financial. SNDL 1.53 0.08 (5.52%). Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Sundial Growers (NASDAQ:SNDL) is trading 30% higher at $3.83 in the early pre-market session at press time ... Tilray and Aurora Cannabis are the most talked-about stocks on Stocktwits … We have 9 different ratings for every stock to help you appreciate its future potential. Buying the stock just based on a potential deal, however, is risky. Probably not this week. There has been excitement about the momentum around cannabis companies in general this week, which has been largely driven by discussions on social media platforms like Reddit and StockTwits. Shorts are going to flee. The products are in response to rising consumer demand for solventless marijuana extracts. Sundial's increased focus on profitability likely boosted analysts’ profitability. image/svg+xml logo. Leadership & Board. Sundial’s roots include the people, infrastructure and vision that will define the global cannabis industry for decades to come. Sundial Growers, Inc. produces, distributes, and sells cannabis. Sundial is a licensed producer that crafts cannabis using state-of … Component Grades. Joe Biden’s win in election increased the hopes of decriminalizing marijuana at the federal level in the U.S. Stocks like Tilray, Aurora Cannabis, and Canopy Growth soared by double-digits. Created with Sketch. Currently, five analysts cover SNDL. Our Values. However, there are a few company-specific factors that could dampen the investors’ enthusiasm for the stock. About Sundial. The company's brands include Grasslands, Palmetto, Sundial, BC Weed Co., and Top Leaf. On Jan. 11, Sundial announced that it's launching premium concentrates products under its Top Leaf brand. https://www.reddit.com/r/wallstreetbets/comments/lt5n18/got_the_band_back_in_the_studio_and_recorded/?utm_medium=android_app&utm_source=share. You can unlock it all now. Sundial Growers Inc. NASDAQ: SNDL $1.43 down $0.10 (-6.54%) Related Articles. Shares of Canadian marijuana company Sundial Growers (NASDAQ: SNDL) were down more than 7% at Monday's lows, and were 3.6% below Friday's closing price as of 2:15 p.m. EST. The company is moving from wholesaler to branded retail sales to improve its profitability. Sundial Growers Inc NASDAQ Updated Feb 20, 2021 12:59 AM. In a nutshell, Sundial Growers is a Canadian-based pot play which has caught the attention of investors betting on Cannabis 2.0 under a more … The stock price of Sundial Growers Inc (NASDAQ: SNDL) is trading at over 15% pre-market as of 6:31 AM ET. SNDL on TradingView. Pages Liked by This Page. ', U.S. SEC suspends trading in 15 securities due to 'questionable' social media activity. Harvest One Cannabis. The company was on the brink of bankruptcy after breaching the debt covenant and needed restructuring. Our Facilities. February 19, 2021 - 9:02 am. About Sundial Growers Inc. Sundial is a public company with Common Shares traded on Nasdaq under the symbol "SNDL". In the stock market, there’s a term, “buy the rumor, sell the news,” that’s uttered often. Sundial Growers Inc. Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. Sign Up to See Ratings...FREE! Analysts estimate its revenues to rise by 14.4 percent in 2021 as compared to a decline of 0.50 percent for 2020. Usually, marijuana stocks are volatile. The P/E ratio of Sundial Growers is -0.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Find real-time SNDL - Sundial Growers Inc stock quotes, company profile, news and forecasts from CNN Business. Decriminalization would increase the addressable market for these companies. Four analysts recommend a hold, while one analyst recommends a sell. The higher EPS is in part due to rising revenues. merger or acquisition activity involving the company, Sundial announced that it's launching premium concentrates. It’s been several weeks since I discussed Sundial Growers as a speculative purchase for risk tolerant investors in front of Georgia’s ... follow Chris on Twitter @Options_CAT and StockTwits. CALGARY, AB, Feb. 19, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") announced today that holders (the "Holders") of 98,333,334 warrants (the "Warrants") to purchase common shares (the "Common Shares") of the Company will exercise for cash their Warrants at prices of US$0.80 and US$1.10 for gross proceeds to Sundial … Sundial plans to launch additional products in the first quarter of 2021 including Top Leaf’s Oregon Golden Goat bubble hash and Grasslands’ Sativa & Indica cash. Sundial Growers Inc NASDAQ Updated Feb 23, 2021 10:03 AM. Sundial Growers Inc () Stock Market info Recommendations: Buy or sell Sundial Growers stock? Golden cross soon, some unexpected news always possible, betting against management and this spiking yet again when you least expect it? It produces marijuana products in its individual controlled modular grow rooms at its 47,000 square feet licensed facilities. The company is going through heavy dilution. Sundial believes in health, happiness and personal well-being. Investors’ reaction to the deal also isn't certain. Sundial Growers on Stocktwits Due to the general interest in marijuana stocks and the recent wild moves in Sundial Growers stock, it's a heavily discussed stock on Stocktwits. How to Buy Cresco Labs Stock and Access the Marijuana Industry. Penny stocks are cheap and seem like an attractive bet for investors. Their average target price is $0.645, implying a downside of 53 percent. The high price target for SNDL is $1.50 and the low price target for SNDL is $1.00. Sundial Growers (SNDL) Pops Again This Week While Expanding Brand Portfolio November 6, 2020 Jack Dawkins Marijuana stocks are enjoying presidential elections in the U.S too amid considering the long time discussed ‘cannabis legalization’ in some strict states. Investor … Just click the link above. One user named Fuhralan commented, “$SNDL Not all.... one more thing. What is the stock prediction for Sundial Growers? Its EPS is expected to come in at -$0.42 in 2021 as compared to -$2.37 in 2020. Their average twelve-month price target is $1.25, predicting that the stock has a possible upside of 2.88%. Sundial cannabis is cultivated for three reasons: Heal, Help and Play. From 100 million shares in late 2019, the company currently has more than 1 billion shares outstanding. 0.08 (+5.52%) POWR Rating. Sundial Growers is a small marijuana company based in Calgary, Canada. Sundial Growers Inc. engages in the production, distribution, and sale of cannabis products for the adult-use market It is also involved in the production, distribution, and sale of ornamental plants and herbs in the United Kingdom. Latest SUNDIAL GROWERS (SNDL) stock news, ... Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Find the latest Sundial Growers Inc. (SNDL) stock discussion in Yahoo Finance's forum. Finance. Recently, marijuana stocks got another boost. Sundial Growers Announces US$100 Million Registered Offering PR Newswire (US) - 1/29/2021 6:37:00 AM Cannabis Companies to Keep a Close Eye on InvestorsHub NewsWire - 1/25/2021 10:00:00 AM Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 1/21/2021 4:35:58 PM This is in-line with the company’s focus on premium inhalable products, following branded retail offerings of flower, pre-roll, and vape cartridges. 4 Wall Street analysts have issued ratings and price targets for Sundial Growers in the last 12 months. December 30, 2020 - 6:00 am. Sundial Growers Stock Rallies Again, Still Has Poor Fundamentals. Due to the general interest in marijuana stocks and the recent wild moves in Sundial Growers stock, it's a heavily discussed stock on Stocktwits. Post-Market 0.00 (0.00%) Sundial Growers Inc. Common Shares (SNDL) Pre-Market Stock Quotes - Nasdaq offers pre-market quotes and pre-market activity data for US and global markets. Good riddance. © 2021 Verizon Media. I know it. Sundial Growers Inc (NASDAQ: SNDL) is the perfect opportunity for this type of market activity. World Class Extractions. Will Tilray Stock Rise More or Do We Have Another GameStop? Share your opinion and gain insight from other stock traders and investors. First, it isn't clear whether Sundial will be an acquirer or an acquiree. Sundial Growers is another small-cap marijuana stock that's soaring due to the improved macroeconomic environment. Recent Post by Page. Most of the users are bullish given the company's recent restructuring and its expected M&A activity. The stock price of Sundial Growers Inc (NASDAQ: SNDL) is trading at over 40% pre-market as of 5:38 AM ET today. At this time, Sundial is purely a speculative bet and the odds could go either way. Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqCM - NasdaqCM Real Time Price. recommending a “hold,” while one analyst recommends a “sell.” There are no “buy” ratings for the stock. but any day could be the day sp explodes.”. This is why it happened. Stocktwits. Sundial Growers Rides The Cannabis Bull Market To New Highs: Jan 20: How To Quantify Sundial Growers Strategic Expansion Efforts: Jan 20: These Stocks Are More of a Gamble Than an Investment: Jan 15: The Blue Wave Doesn’t Guarantee Green for Sundial Growers: Jan 15: After Election Results, Sundial Is Still a Legalization Lottery Ticket: Jan 12 We aren’t just building a new company; we are pioneering the new global cannabis industry. November 30, 2020. However, the debt-free tag came with the cost of massive dilution. Earnings for Sundial Growers are expected to grow in the coming year, from ($0.37) to ($0.01) per share. Sundial Growers Announces Closing of its US$74.5 Million Registered Offering PR Newswire (Canada) - 2/4/2021 12:25:00 PM: Sundial Growers Announces Closing of its US$74.5 Million Registered Offering PR Newswire (US) - 2/4/2021 12:25:00 PM: Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 2/3/2021 4:02:12 PM They are going to move on before next earnings, even if lower than expected they see the momentum.”, Another bullish user by the name of PatiencePay said, “$SNDL its probably not going to be Monday. One of the biggest draws for investors regarding Sundial Growers is a potential deal. ETFs Holding SNDL. This is a continuation of momentum that occurred yesterday where the stock price went up 28.91%. Most of … This is why it happened. All rights reserved. However, they are usually cheap for a reason. Sundial Growers Inc. (SNDL): $1.53. Investors. Analysts also expect the company’s profitability to improve. Through Sundial Growers' brands and products, it focuses on inhalable products. Therefore, it's better to wait for more clarity on the type of deal the company might pursue and how its financials might pan out as it focuses on profitability to make a bet on this penny stock. Mjglobalreport. Consideration for the Investment, totaling $58.9 million in cash, was funded from Sundial's available cash reserves which totaled $110 million immediately prior … Investing Service. On December 21, 2020, Sundial announced that it eliminated its debt. However, Sundial Growers likely has … Look at the last 3 months, huge volatility even though last week it didn't feel that way. Sundial Growers stock has gained 273 percent since the U.S. presidential election in November 2020. Price to Earnings Ratio vs. the Market. CALGARY, AB, Dec. 30, 2020 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") announced today that it has closed the acquisition of a special purpose vehicle (the "Investment"). It intends to target the premium segment of the adult-use cannabis market. Ultimately, the company is in the midst of a strategic options exploration that many believe will lead to the acquisition of the company. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. The company was founded by Stanley J. … Price to Earnings Ratio vs. Sector Our cannabis is carefully cultivated for modern consumers—people looking for a natural alternative that fits today's active lifestyles. Bears next week. SNDL on StockCharts.com. Currency in USD, House passes Biden's $1.9 trillion relief package including $1,400 stimulus checks, Ettore 'Big E' Ewen on his fundraising campaign for 'Our Heroes Rock! Sundial Growers stock has breached even the most bullish Wall Street price prediction at $0.40.