Why Sundial Growers Stock Is Trading Higher Again Today
The shares of several cannabis companies are trading higher, potentially amid increased sector interest from retail investors on WallStreetBets. Positive catalysts for the cannabis space this week also included earnings from Canopy Growth and Tilray's UK distribution agreement.
Sundial Growers Inc is engaged in producing and marketing of cannabis for the adult-use market. Some of its products are Lemon Riot, Daydream, Zen Berry, Twilight, Tropical Bliss, Pillow Talk, Citrus Punch, and others. The company's primary focus is on producing and distributing inhalable products and brands (flower, pre-rolls, and vapes).
Sundial Growers stock was up 78.79% at $2.95 Wednesday. The stock has a 52-week high of $3.04 and a 52-week low of 14 cents.
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