Sundial Growers Has Found a Way to Boost Its Cash Flow by $5 Million
A lack of cash flow is a big problem in the cannabis sector. Canada-based cannabis company Sundial Growers (NASDAQ: SNDL) is loaning out money to a marijuana producer at a high-interest rate that could generate millions in additional income for its business over the next few years. In February, Sundial invested 22 million Canadian dollars in cannabis edible producer Indiva.