Sundial Growers gained nearly 17% in premarket trading

Tiger Newspress2021-10-08

(Oct 8) Sundial Growers Inc. gained nearly 17% in premarket trading, the company buys Alcanna in C$346M all-stock deal.

Alcanna is Canada's largest private liquor retailer, operating 171 locations mostly in Alberta, but its majority-owned subsidiary is Canadian cannabis retailer Nova Cannabis.

"Alcanna's value-focused model in liquor retailing has created market stability and we believe that the replication of this playbook in cannabis has strong potential to drive a similar result," Sundial CEO Zach George says.

Seeking Alpha contributor IncomeBent Investments sees Sundial Growers asa speculative buy as the Canadian cannabis industry works out the long-term sector leaders.

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精彩评论

TobyAw
2021-10-11
TobyAw
Great news. Keep growing
Ignis
2021-10-10
Ignis
Yay drugs
Kerrisdale
2021-10-08
Kerrisdale
wow.. pay a premium
JayChoong
2021-10-08
JayChoong
Good
ChrisCCS
2021-10-08
ChrisCCS
Great news. Rocket up
- Honeybacon:
  O
- JarenSin:
  nice
Likelike
2021-10-08
Likelike
will this become another CEI,i wish...like like
- a562d38:
  Good

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