Sundial Growers Inc (SNDL)

[BefallenKnight]

ENTERPRISE VALUE
We all know the fundamental math here; 1.56b shares outstanding at 1.15/share for a marketcap around $1.5b

That’s nice and all but traditional analysis means little in these days of memes and message board dog piles.

When an electric car company is worth 1500x revenues or a massively indebted brick and mortar video game company becomes worth $70b overnight, what is holding SNDL back aside from some shady quant/algo trading?

Folks, this is the cannabis industry. Not since 100 years ago has a previously prohibited substance been allowed back on the legal market. Not only does this create a new product but this product encompasses many industries; liquor, pharmaceutical and even industrial (hemp).

The most significant advancements will come when cannabis is removed from the stupid Schedule 1 drug status in the US. Lifting that insane scheduling will bring in a flood of institutional monies from bank loans to short/long term bonds to investment capital.

This is gonna be massive. It’s not a question of if, it’s a matter of when and you better be holding when it happens