RE:Sundial Growers Set to be #1 Cannabis in CanadaI assume an indirect way right now to invest in Sundial would be through CBW since it looks like Sundial just became one of their newest streaming partners.
Seems that both companies have just signed a definitive agreement earlier this month whereby CBW will provide partial funding to Sundial for the construction of its weed cultivation facility. Apparently Sundial will be repaying CBW back in the form of either a cash payment or through delivery of dried cannabis product.
Although this deal certainly looks small compared to some of the other deals that CBW has on the go with their 20 or so other streaming partners, it would be no surprise if it turns into something larger. Once you get your foot in the door, you can sometimes open it quite wide, as past experience has shown in the case of CBW. Hmmmm.
Especially with Chuck's extensive knowledge and connections throughout the weed industry and government circles, it's no surprise that CBW is scheduled to pump out 550M grams of weed per annum once all of their streaming partners are built out.
Probably more weed production than both Canopy and Aurora combined, and yet their market cap is still only a tiny fraction of the other 2 companies. Go figure that. ??????
igstar wrote: Anyone know how to invest in this since its still private?
I watched the videos in Calgary Cannabis and Sundial is blowing away WEED and ACB. How can one invest, I would sell my other holdings to get into Sundial.
Aurora and Canopy remind me of Netscape once having 90% of the browser market, and now have 1%, and a little company called Google took it all. Sundial will take it all, their press releases blow me away. How can I invest in a private company though?