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$VNUE yepper. Leaner and leaner as we move into new highs.
$SNDL I think in 2021 SNDL goes back over $3 to 5.00 range
$OPTI chart going parabolic.
$OPTI love that "opti-mistic" indeed
$VNUE I agree. Stock is going to rip in 2021 jmo
$SNDL patience will pay immensely here IMHO.
$SNDL chart says we have a long ride coming back to dollars (from my pov)
Im holding this one.
$SNDL shorts dug themselves a massive hole last week:
(from shortsqueeze(.)com
Sundial Growers Inchares
$ 0.47
SNDL
-0.03
Short Squeeze Ranking™
view
Short Interest Ratio (Days To Cover)
0.3
Short Percent of Float
%
Short % Increase / Decrease
1,827 %
Short Interest (Shares Short)
63,200,000
Short Interest (Shares Short) - Prior
3,280,000
$SNDL I would not be surprised. This debt-free company has smart management in place doing all the right things. Getting rid of that debt has provided HUGE flexibility and the company can grow rapidly and uninhibited from here.
Loaded the boat.
$SNDL zero concern over surviving, they will be a leader in the sector if they keep this streamlined approach going. Would love to see a share buyback announced as well. This would instill confidence in the community and get that minimum share price back comfortably over $1.00
Stock and company is worth far more then a couple bucks.
(PR) Sundial Announces Concentrates Licence Agreement with Simply Solventless
6:00 AM ET 12/28/20 | Dow Jones
CALGARY, AB, Dec. 28, 2020 /PRNewswire/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company"), announced today that it has entered into a licence agreement (the "Agreement") with Simply Solventless Concentrates Ltd. ("SSC") (jointly "the Parties") for the processing and manufacturing of a suite of solventless cannabis concentrates products by Sundial in its Rocky View facility using SSC's intellectual property. The Agreement will enable Sundial to utilize its Rocky View asset, while enhancing its focus on producing premium inhalables.
The new agreement also provides the Company the opportunity to leverage SSC's knowledge and expertise regarding concentrates manufacturing with an expanded line of products.
"As part of our continued cost and process optimization initiatives, we are pleased to enter into a licensing agreement with SSC that includes a non-binding purchase agreement to sell the Rocky View facility," said Andrew Stordeur, President and Chief Operating Officer of Sundial. "We believe that this collaboration with SSC will improve our returns on invested capital and provide consumers with an excellent addition to our portfolio of cannabis products."
"Simply Solventless is thrilled to be working with Sundial to provide a portfolio of pure, potent, terpene-rich solventless concentrates across Canada," added Jeff Swainson, President and Chief Executive Officer of SSC. "From old school hash to live rosin, our premium solventless concentrates are hand crafted to captivate even the most discerning of consumers."
Under the Agreement, SSC will receive a royalty on the sale of products manufactured using the SSC brand and technology. SSC will supply the non-cannabis materials to produce SSC concentrate products, in addition to paying Sundial a monthly administration fee. A minimum of 75% of the cannabis materials required for the processing and manufacturing of SSC products will be cultivated by Sundial unless such inventory is unavailable.
The parties are working diligently to enter into definitive agreements for the sale of the Rocky View asset for $5 million, pending completion of due diligence, final negotiation of definitive agreement terms and Health Canada licensing approval. It is the intention of the Parties to enter into these agreements as soon as practicable.
Sundial expects to scale the distribution of SSC products across the country, with the first SSC products targeted to be in stores in the second quarter of 2021. With SSC's support, Sundial will utilize its craft at scale approach to produce and package the cannabis concentrate products, while leveraging its established sales and distribution infrastructure to get the products to market with speed and scale.
About Sundial Growers Inc.
Sundial is a public company with Common Shares traded on Nasdaq under the symbol "SNDL".
Sundial is a licensed producer that crafts cannabis using state-of-the-art indoor facilities. Our 'craft-at-scale' modular growing approach, award-winning genetics and experienced master growers set us apart.
Our Canadian operations cultivate small-batch cannabis using an individualized "room" approach, with 448,000 square feet of total space.
Sundial's brand portfolio includes Top Leaf, Sundial Cannabis, Palmetto and Grasslands. Our consumer-packaged goods experience enables us to not just grow quality cannabis, but also to create exceptional consumer and customer experiences.
We are proudly Albertan, headquartered in Calgary, AB, with operations in Olds, AB, and Rocky View County, AB.
Forward-Looking Information Cautionary Statement
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"), including, but not limited to, statements regarding the Company's future strategic initiatives including the potential sale of its Rocky View facility, the Company's operational goals and demand for the Company's products. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "likely", "outlook", "forecast", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Please see the risk factors identified in the Company's filings with the U.S. Securities and Exchange Commission, including those identified in the Company's Annual Report on Form 20-F, for a discussion of the material risks that could cause actual results to differ materially from the forward-looking information. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
View original content to download multimedia:http://www.prnewswire.com/news-releases/sundial-announces-concentrates-licence-agreement-with-simply-solventless-301198556.html
SOURCE Sundial Growers Inc.
/CONTACT: Sophie Pilon, Corporate Communications, Sundial Growers Inc., O: 1.587.327.2017, C: 1.403.815.7340, E: spilon@sundialgrowers.com; Jeff Swainson, President and Chief Executive Officer, Simply Solventless Concentrates Ltd., C: 1.403.796.3640, E: jeff@simplysolventless.ca
/Web site: www.sundialgrowers.com
> Dow Jones Newswires
December 28, 2020 06:00 ET (11:00 GMT)
$OPTI absolutely. 2021 could be a monster year for OPTI and the chart is looking exceptional.
$VNUE very transparent CEO as well as detailed.
Impressive update and appreciated as we head into the end of the 2020 year and a big year upcoming for VNUE in 2021.
$SRNE chart looks great, was able to reload on the lows today, this baby going back to double digits
$SNDL same numbers I have as well. Just need to be patient and know what one owns.
$SNDL few more days of churning and we get bullish macd cross and this baby starts jumping back to .80-1.00
$OPTI gap watch tomorrow :)
$SNDL I have no doubt about it. Special opportunity here imho
$SNDL price action suggests an entity is loading as much as possible under .50.
$OPTI cruising beautifully. Be at .10 soon enough. EOM
$VNUE absolutely. Love volume shakeout getting rid of the impatient and weak.
$SNDL I tend to agree. I am PRAYING they do not get bought out before January 1st.
$SNDL astounding short covering past few sessions
Info from shortsqueeze.com
Short % Increase / Decrease
-92 %
Short Interest (Shares Short)
3,280,000
Short Interest (Shares Short) - Prior
39,940,000
$VNUE with what they have in the pipeline it is doable for sure. Building a strong base .0045-.005 then continues up to .01+
$SRNE news
12/22/20
Sorrento Therapeutics, Inc. (Nasdaq: SRNE, "Sorrento") today announced that an Emergency Use Authorization (EUA) Application has been submitted to the US Food and Drug Administration for its COVI-STIX rapid diagnostic test for the detection of the SARS-CoV-2 virus nucleocapsid antigen in nasal samples of patients.
$VNUE yup. Getting them out just in time.
$SNDL I would take 1/4 LMAO
$VNUE indeed. .005s getting accumulated ahead of the run to copper.
$VNUE yes it is. Santa Rally continues.
$VNUE chugging beautifully. I agree big time runner in the making imo
Waste of cash from a business pov. They are a prime target now for a buyout.
$SNDL this caught my eyes
Now what
Sundial has roughly CA$62 million in cash reserves on its now pristine balance sheet. Additionally, its debt repayments will save it CA$3.6 million in annual interest expense. Both of these factors could help to make Sundial a more attractive acquisition target for larger cannabis companies.
Sundial has reportedly been seeking a deal, and it said on Monday that prepaying its credit facility removed all restrictions on its "ability to pursue strategic opportunities."
$SNDL I think many are in agreement with this line of thinking.
$VNUE Thinking we see a new 52 week high into the close.
$SNDL I'd go as far as to say Substantial upside potential.
$VNUE I like that language :)
$SNDL Definitely possible.
$SNDL loaded up, this news makes SNDL a buyout target dream IMHO
$SRNE should test 7.95-8 today.
$VNUE churning the 4s before we leap to test copper imo.