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Sundial Growers (NASDAQ:SNDL) shares are trading lower Friday as the stock continues to sell off following its recent retail-driven surge.
Sundial Growers Inc is engaged in producing and marketing of cannabis for the adult-use market. Some of its products are Lemon Riot, Daydream, Zen Berry, Twilight, Tropical Bliss, Pillow Talk, Citrus Punch, and others. The company s primary focus is on producing and distributing inhalable products and brands (flower, pre-rolls, and vapes).
Sundial Growers stock was down 13.03% at $2.07. The stock has a 52-week high of $3.96 and a 52-week low of 14 cents.
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Sundial Growers (NASDAQ: SNDL) shares are trading lower after the company announced a $74.5 million offering of $65 million series A units and 14 million series B units.
The stock surged nearly 50% in Monday s trading session.
Sundial Growers is engaged in producing and marketing of cannabis for the adult-use market. Some of its products are Lemon Riot, Daydream, Zen Berry, Twilight, Tropical Bliss, Pillow Talk, Citrus Punch, and others. The company s primary focus is on producing and distributing inhalable products and brands (flower, pre-rolls, and vapes). It operates in two segments: Cannabis segment and Ornamental Flowers segment. Its Cannabis segment derives majority revenue.