|Bid||0.0000 x 900|
|Ask||0.0000 x 3200|
|Day's range||0.6430 - 0.6561|
|52-week range||0.1380 - 3.9600|
|Beta (5Y monthly)||5.96|
|PE ratio (TTM)||N/A|
|Earnings date||09 Nov 2021 - 15 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.72|
Canadian-based cannabis company Sundial Growers (NASDAQ: SNDL) has been busy this year. The latest move came this month when it announced the purchase of retail company Alcanna (OTC: LQSIF), which operates 171 liquor stores in Canada (most of which are in Alberta -- Sundial's home province). This move further diversifies Sundial's existing operations and gives it yet another source of revenue.
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.
Yahoo Finance’s Emily McCormick reports on the day's trending tickers.