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SNDL Inc SNDL

SNDL Inc. is a Canada-based private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis. The Company is a licensed cannabis producer and a vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, premium indoor cultivation, product innovation, low-cost manufacturing facilities, and a cannabis brand portfolio that includes Top Leaf, Contraband, Palmetto, Bon Jak, Versus, Value Buds, and Vacay. Its segments include Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments. Liquor retail includes the sale of wines, beers and spirits through owned liquor stores. Cannabis retail includes the private sale of adult-use cannabis through owned and franchise retail cannabis stores. Cannabis operations include the cultivation, distribution and sale of cannabis for the adult-use and medical markets domestically and for export.


NDAQ:SNDL - Post by User

Post by jevson Oct 26, 2020 9:13am
211 Views
Post# 31780470

Still Buying

Still BuyingI read through the document from the last news release today in an attempt to understand what is going on.  One good thing, as far as I can figure out, is that these new shares will be used to reduce the debt. It also seems like there is a good possibility that Sundial will be debt free in short order. That, combined with increasing revenue and market share bodes very well for the future, both near and mid term. I have been buying as recently as today and my thinking is that even with a RS this stock is cheaper now as compared to later when the SP will be based on a company that is debt free, profitable and aggressively growing
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