Latest Breaking News On - திவ்யா பிரேம்குமார் - Page 1 : comparemela.com

Sundial Growers (NASDAQ: SNDL) is a testament to the strength of retail investors in the stock market today, who have largely bid up SNDL stock as a speculative cannabis play. That bull thesis gained some credibility today with the company’s announcement of a $22 million deal with Indiva Limited, a Canadian cannabis producer specializing in edibles. Indiva, which trades on the Approximately half of the deal will be realized via a private placement of NDVA stock, while another $11 million will come via non-revolving loan facility. The deal is set to close on Feb. 23, 2021 pending the necessary approvals. While SNDL has been a big beneficiary of retail investor interest in recent weeks, many market observers have felt there was little to support the price action, or to suggest that the company is well-positioned to capitalize on that price action.

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