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More than $1 45 million raised for B C residents affected by wildfires
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B C wildfires: Here s how much was fundraised for victims at provincial liquor, cannabis stores
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Donations to support wildfire victims pour in from liquor, cannabis stores - BC News
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Marijuana Penny Stocks to Buy: Sundial Growers (SNDL)
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At 79 cents, SNDL stock is among the most attractive marijuana penny stocks. After a flurry of fund raising, Sundial reported a cash buffer of $873 million. This is likely to be utilized for organic growth and acquisitions over the next few quarters.
An interesting development is the company’s partnership with
SAF Group. The partnership intends to invest in debt, equity and hybrid cannabis opportunities globally. Initially, Sundial had committed $188 million towards the joint venture. Recently, the company increased the commitment to $350 million. Once the partnership has quality investments, it’s likely to translate into recurring cash flows.