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Sndl ceo comments

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Yahoo Earn Extra Income with Stock Yield Enhancement Ad Interactive Brokers Benzinga EXCLUSIVE: Sundial CEO Says Support Of Retail Investors Key To Turnaround Chris Katje Thu, October 7, 2021, 11:05 AM2 min read In this article: The saturation of the Canadian cannabis market and the ways that retail traders are helping Sundials turnaround were among the topics Sundial Growers Inc (NASDAQ: SNDL) CEO Zach George discussed during the last iteration of the Benzinga Cannabis Capital Conference, which is returning to a live format next week in New York City. The interview with George was moderated by Jeremy Berke, a senior reporter for Business Insider covering the cannabis industry. Scroll to continue with contentAd Interactive Brokers Borrow at 1.59% or less* Rated lowest margin fees by StockBrokers.com. Borrow against your securities at low cost. Rates subject to change. Open an account now! LEARN MORE Note: Article originally published on 6/4/21. Sundial's CEO On The Cannabis Market: Three main factors are affecting the Canadian cannabis market right now, George said at the virtual Benzinga conference. Price compression is a large concern, with oversupply issues leading to flower prices being down over 50% at some points, he said. Regulatory dysfunction including conflicting provincial regulations is another big factor for the cannabis market in Canada, the CEO said. The third factor George named was market share competition that he said could be solved by consolidation and attrition. Too many companies are vying for market share, George said, adding that not all of them will survive.