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The cannabis investing fad of the year has no doubt been Sundial Growers (NASDAQ: SNDL) . A beaten-down cannabis player with a low share price -- which is not to be confused with low valuation -- Sundial recently caught the attention of the Reddit army, who came together and pus...
Canada’s cannabis market saw another flashy acquisition get confirmed this week as HEXO (NYSE: HEXO ,TSX:HEXO) agreed to buy Zenabis Global (TSX: ZENA ) in a C$235 million all-share deal. Additionally, a cannabis retail operator announced its intention to list its sha...
Marijuana stocks have gone wild this month. Right now, there's more than one rollercoaster ride for investors to hop on -- or to avoid if you're afraid of losing your lunch. Even rising cannabis industry stalwarts like Canopy Growth Company (NASDAQ: CGC) took a dive after reaching n...
Even the most seasoned investors were stunned in January, when traders of the r/WallStreetBets subreddit orchestrated a short squeeze that sent shares of brick-and-mortar video game retailer GameStop (NYSE: GME) up over 1,000% in less than a month (although its share price...
Shares of Sundial Growers (NASDAQ: SNDL) fell on Friday morning after the marijuana producer announced warrant exercises and a new issuance. Sundial's stock rallied later in the day; by the close of trading, its price was up 5.5% after falling as much as 15.9%. Holders of roughl...
Sundial Growers (SNDL) announced today that holders of 98.3M warrants to purchase shares will exercise for cash their warrants at $0.80 and $1.10 for gross proceeds to Sundial of $89.1M.In exchange, the company will issue 98.3M warrants each entitling the Holders to purchase one sha...
Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises PR Newswire CALGARY, AB , Feb. 19, 2021 /PRNewswire/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") announced today that holders (the "Holders"...
It is always a good idea to be wary of volatile, high-risk stocks. When a stock is on a roller coaster, determining a reasonable price for it is much more difficult for those looking to invest. And many people who try holding such investments find their wild ups and downs difficult to stoma...
From losers to leaders. That's the story for both Sundial Growers (NASDAQ: SNDL) and Tilray (NASDAQ: TLRY) . Last year, both of these stocks performed dismally. Sundial's shares plunged 84%, while Tilray stock tanked 52%. It's been a huge turnaround in 2021 so far, though. B...
Sundial Growers (NASDAQ: SNDL) went on a queasy roller coaster ride Thursday, with the stock rising as much as 6%-plus during the trading day, only to close nearly 16% lower. That isn't out of the ordinary for a low-priced stock, but there are circumstances around Sundial that make ...
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2024-05-14 15:56:00 ET Marijuana stocks are moving higher on Tuesday after Marijuana Moment reported on a new initiative in Congress that could give marijuana demand a lift. According to the weed-news source, the House Armed Services Subcommittee on Military Personnel is recommending th...
The anticipated reclassification of cannabis by the federal government to a less-dangerous category may not have an immediate effect on states where cannabis use for either recreational or medical purposes is still illegal. Nonetheless, cannabis legalization proponents see the federal shift as ...
SNDL Inc. (NASDAQ:SNDL) announced its financial and operational results on Thursday for the first quarter ended March 31, 2024. The company reporte...