- Sundial has structured its business operations around the sale and production of cannabis as well as investments.
- Sundial's decrease in revenue by $10.6 million or 22.13% from December 2020 prompted the company to add other revenue sources including the Alcanna acquisition.
- In our calculations, Sundial has been using $153.67 million every quarter translating to a monthly burn rate of $51.22 million.
- Overall, monthly retail sales of legal cannabis as of November 2021 grossed more than CAD353 million in Canada.
For further details see:
Sundial Growers' Cash War Chest And Its Bid To Avoid Another Dilution