SNDL (NASDAQ: SNDL), formerly known as Sundial Growers, is shaping up to be a decent purchase for value-sensitive investors. Between the improving efficiency of its operations, its burgeoning investment income, and its ongoing attempt to invest in businesses competing in the U.S. marijuana markets, shareholders have no shortage of favorable trends and catalysts to appreciate. And […]
Marijuana stocks are moving higher on Tuesday after Marijuana Moment reported on a new initiative in Congress that could give marijuana demand a lift. According to the weed-news source, the House Armed Services Subcommittee on Military Personnel is recommending the U.S. military cease testing recruits for marijuana use. Weed stocks lit up in response. As […]
The cannabis industry has been a rollercoaster over the past few years. In 2018, Canada legalized marijuana, and over the past 10 years or so, many U.S. states did, as well, even though cannabis remained illegal at the Federal level. But two weeks ago, a big shift happened in the cannabis industry when the Drug […]
Shares of Canadian cannabis companies Tilray Brands (NASDAQ: TLRY), Canopy Growth Company (NASDAQ: CGC), Cronos Group (NASDAQ: CRON), and SNDL (NASDAQ: SNDL) exploded higher on Tuesday, rallying 41.7%, 67.5%, 15.7%, and 24.4%, respectively, as of 3:18 PM EDT. It wasn’t hard to figure out why cannabis stocks had across-the-board rallies today: The U.S. Drug Enforcement […]