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home / news releases / SNDL - Canopy Growth: Stay Away Due To Weak Fundamentals

SNDL - Canopy Growth: Stay Away Due To Weak Fundamentals

Sundial Growers Inc
  • Canopy reported quarterly results that showed very underwhelming revenue growth, gross margin, and EBITDA losses.
  • The company burned through $3.3B of cash during 2019 and 2020; it just raised another US$750M to bolster its balance sheet.
  • Canopy's fundamentals do not support its valuation and shares are trading at purely speculative levels now.

For further details see:

Canopy Growth: Stay Away Due To Weak Fundamentals
Stock Information
Company Name: Sundial Growers Inc
Stock Symbol: SNDL
Market: NASDAQ
Website: sndlgroup.com
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