SNDL Basically Just Admitted It's a Meme Stock
The rebranding is all well and good, but investors should focus on SNDL's mixed financials.
Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
---|---|---|---|---|
SNDL
SNDL Inc.
|
$2.90 | $688M | -58.4% | |
NVTA |
$3.54 | $906M | -83.5% | -55.7% |
BLUE |
$5.97 | $448M | -44.1% | -88.7% |
CMPS |
$15.77 | $749M | -45.0% | |
RETA |
$20.68 | $804M | -82.5% | -26.5% |
The rebranding is all well and good, but investors should focus on SNDL's mixed financials.
Here are seven steps to investing in the high-flying cannabis industry.
Not a whole lot is going right, but it isn't as bad as it might look.
The stock price went up last month, but not for the reason investors were hoping to see.
The remote possibility of federal cannabis reform in the U.S. appears to be lighting a fire under the Canadian pot stock.
Blame it on a post-reverse-stock-split letdown.
Democrats in the U.S. Senate will reportedly introduce a bill for marijuana legalization as soon as next week.
These aren't dips I'd be tempted to buy.
Here are two sides of the coin for the Canadian cannabis stock.
Even if these stocks dropped further down, I still wouldn't be tempted to buy them.
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