Sundial Growers Inc (SNDL)

[BefallenKnight]

SNDL is Pure Junk
No chance SNDL gets over $1 and a reverse split is inevitable. The Alcanna acquisition brings little value to SNDL as it just adds a bloated retail liquor business which is yet another “division” that SNDL’s inept management will certainly just fumble. The acquisition artificially inflates SNDL revenues but doesn’t bring a profitable business to the table.

Let me say that again……SNDL is NOT profitable. The company operates at a loss meaning they are spending money with no foreseeable path to profitability. The only way SNDL has EVER generated money is by diluting shares.

At this point I doubt even full scale US legalization will help SNDL. Maybe a merger with another crappy Canadian LP?

Aside from being a crappy company, SNDL is also likely being kept down by political, social and economic forces working against cannabis reform or at the very least, being beat down by folks who want to control the industry before legalization. Either way, this stock is trash, SNDL management are dumpster divers and this will reverse splitting in August, if not sooner