Sundial Growers (SNDL)
About Sundial GrowersCopy link to section
What is Sundial Growers?Copy link to section
Sundial Growers is a company that produces, distributes, and sells various cannabis and liquor products across Canada. Founded in 2006 by Stanley J. Swiatek and headquartered in Calgary, SNDL offers its products under the Spritleaf, Grasslands, Top leaf, Palmetto, Liquor Depot, and Ace Liquor brands.
In 2021 the company’s share price surged in value along with other weed stocks. Sundial capitalised on its rising share price by selling shares and raising over $1 billion. It used that cash and invested in several Canadian cannabis companies. Its now the largest distributor of cannabis and liquor in Canada with over 350 retail outlets.
How does Sundial Growers make money?Copy link to section
It makes it money from both selling cannabis and liquor. SNDL is involved in most aspects of the weed industry. It grows and cultivates cannabis and sells it in various forms online and through its retail outlets. It has acquired three liquor businesses which it also generates revenue from.
What is Sundial Growers’ best selling product?Copy link to section
SNDL is a weed company first, however, recently, most of its money has come from the liquor industry. In the second quarter of 2022, the company had net revenue of $148.6 million from its liquor division. That is more than double the amount it made from its retail cannabis services, which bought in $63.5 million and significantly higher than its cannabis cultivation activity which generated $11.6 million.
Who are the key executives at Sundial Growers?Copy link to section
Zachary George is SNDL’s CEO and has been in that position since 2020. Here is a list of other key executives at the company.
- Zachary George. Chief Executive Officer.
- Jim Keough. Chief. Financial Officer
- Andrew Stordeur. President & Chief Operating Officer
- Marcie Kiziak. President, Cannabis Retail
- Tank Vander. President, Liquor Retail
- Ryan Hellard. Chief Strategy Officer
- Robbie Madan. Chief Information And Digital Officer
Where can I buy shares in Sundial Growers?Copy link to section
You can buy Sundial Growers stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor, you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in Sundial Growers?Copy link to section
The simplest way to invest in Sundial Growers is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
More about the SNDL priceCopy link to section
What is the Sundial Growers stock price today?Copy link to section
The SNDL stock price today is currently $2.23, as of October 2022. The price of Sundial Growers is down 55% in 2022. You can use the live Sundial Growers stock chart to track the NASDAQ:SNDL price in real time above, or compare the Sundial Growers value today to its past performance using the Sundial Growers financials tab at the top of this page.
What is the 52-week low for Sundial Growers stock?Copy link to section
The 52-week low for Sundial Growers stock is $1.99. SNDL stock is currently 7.55% above the 52-week low.
What is the 52-week high for Sundial Growers stock?Copy link to section
The 52-week high for Sundial Growers stock is $9.6. SNDL stock is currently 28% below the 52-week high.
What is the stock forecast for Sundial Growers?Copy link to section
The average Sundial Growers stock forecast has a price target of $2 by the end of 2025. Sundial Growers’ latest financial results, the broader economic outlook, and legislation in the cannabis industry all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt, but you can use their estimates to help you understand the weight of opinion about a stock. Read our latest Sundial Growers price forecast for more analysis and guidance.
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