In recent weeks, Sundial Growers (SNDL) has been on a high. Trading at $0.56 on Jan. 26, SNDL stock skyrocketed to a 52-week high of $3.96 on Feb. 10. The hyperbolic move has been followed up by a sharp correction, and the stock now trades at $1.72. With the outlook for the cannabis industry looking bright, there are several attractive company specific factors that make Sundial shares worth accumulating. On Feb. 16, Sundial announced a $22 million strategic investment in Indiva Limited. The latter is involved in the development and sale of premium cannabis products, including the likes of pre-rolls, dry flowers, gummies, chocolates, and infused sugar.
https://www.tipranks.com/news/article/sundial-growers-well-positioned-for-strong-organic-and-inorganic-growth