|Bid||7.26 x 0|
|Ask||7.26 x 0|
|Day's range||7.12 - 7.45|
|52-week range||6.60 - 20.08|
|Beta (5Y monthly)||1.54|
|PE ratio (TTM)||N/A|
|Earnings date||03 Nov 2021 - 08 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||8.82|
The superstar singer is making a pot play. You can, too.
There's little question that marijuana stocks have an opportunity to show investors the green. The easiest way to begin this list is with the cannabis stock that I referred to as the absolute worst place to put your money to work in the weed industry, Sundial Growers (NASDAQ: SNDL). Between cash, cash equivalents, and long-term investments, Sundial is lugging around about $950 million, with no debt.
Much of the excitement in the marijuana industry today centers around the possibility that the U.S. will legalize cannabis in the near future. Support for legalization has never been higher, with more than two-thirds of Americans now in favor. Canadian cannabis companies are making deals ahead of time, trying to position themselves as best as they can for the moment the U.S. pot market finally opens up for them.