The July 20 press release from Sundial Growers (NASDAQ:SNDL) announcing that it had closed its purchase of the Spiritleaf retail cannabis network didn’t do anything for SNDL stock.
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From July 20 through today, it’s lost over 15% of its value.
It’s hard to know what the addition of Spiritleaf will ultimately do for Sundial’s stock. But, as another InvestorPlace contributor, Ian Bezek, wrote recently, the Calgary-based company is evolving, and it won’t be transformed....More>>>