|Bid||3.2700 x 4000|
|Ask||3.2800 x 2900|
|Day's range||3.0900 - 3.3600|
|52-week range||1.9600 - 8.9100|
|Beta (5Y monthly)||3.86|
|PE ratio (TTM)||N/A|
|Earnings date||14 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4.12|
It has not been a great year for SNDL (NASDAQ: SNDL), formerly known as Sundial Growers. A tough macroeconomic environment and pricing erosion in the oversupplied Canadian cannabis market have been disastrous not only for SNDL, but also for all Canadian cannabis stocks. In the words of CEO Zach George, "In a sense, things in the Canadian cannabis industry are so bad that they're good."
High Tide Inc. ("High Tide" or the "Company") (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that according to new data recently released by the cannabis business publication, New Cannabis Ventures, the Company is now Canada's top revenue-generating cannabis company1.
Shares of SNDL (NASDAQ: SNDL) have been soaring of late. The cannabis and liquor company also released an impressive earnings report earlier this week. With more growth and bullishness currently behind the stock, is now the time for investors to load up on SNDL?