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7 Cannabis Stocks With Strong Buy Analyst Ratings

SNDL Stock: Why Popular Sundial Growers Is Getting High Today

SNDL Stock: Why Popular Sundial Growers Is Getting High Today InvestorPlace 3/2/2021 Sundial Growers (NASDAQ: SNDL) is on the move today. Shares of SNDL stock are up approximately 5% at the time of writing. © Provided by InvestorPlace marijuana stocks Hand gently holding rich soil for his marijuana plants Here’s why this stock is climbing today. Virginia Legislation Bullish for SNDL Stock Most cannabis stocks are catching a bid today. This comes as Virginia lawmakers approved a bill that would see recreational cannabis usage legalized by 2024. Governor Ralph Northam has not yet signed this bill into law, but experts believe he will soon. The bill would require lawmakers to sort out regulatory and licensing details by 2022.

Tilray Stock Has Shown Lots of Progress, but the Valuation Is Frothy

Tilray Stock Has Shown Lots of Progress, but the Valuation Is Frothy InvestorPlace 2/22/2021 Ahead of its earnings report, Tilray (NASDAQ: TLRY) came under some pressure. Note that TLRY stock fell about 9% or so. Then again, many other cannabis stocks fell as well. © Provided by InvestorPlace marijuana stocks Hand gently holding rich soil for his marijuana plants But volatility is nothing new for Tilray. For the most part, Wall Street liked the performance for the quarter. Revenues rose by 20.5% to $56.6 million, which compared to the Street consensus of $56 million. The company’s bottom line was also better than expected. The net loss was $2.9 million or 2 cents a share. As for the analysts’ consensus, it was for a net loss of 14 cents a share.

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