Sundial Growers Inc (SNDL) News

SNDL new 52 hi

SNDL.............................https://www.stockscores.com/charts/charts/?ticker=SNDL

SNDL.............................https://stockcharts.com/h-sc/ui?s=SNDL&p=W&b=5&g=0&id=p86431144783

$SNDL https://s201.q4cdn.com/372870431/files/doc_earnings/2023/q4/generic/SNDL-Q4-2023-Shareholder-Letter.pdf

Share buyback starting

$5 next target

$SNDL Did at least 1 Reverse split

$SNDL Total Debt (mrq) $167.03M

SNDL....................................https://stockcharts.com/h-sc/ui?s=SNDL&p=W&b=5&g=0&id=p86431144783

Been holding for too long, let it rip!

*Shares of cannabis stocks are trading higher after the German government approved cannabis legalization.

SNDL Inc. Up Over 19%, on Pace for Largest Percent Increase Since October 2022 -- Data Talk

Good news!

Good %%% gain!

Decent volume!

SNDL was pretty aggressive today.

2024 is Gonna Be EPIC for SNDL
Look at today’s reaction to Germany….SNDL up 20% while other pot stocks up 60%. And that just Germany. NY and CA alone have the population of Germany.

100 years of prohibition is crumbling down and the results will be glorious!

Once rescheduling occurs SNDL is gonna tear like no other. Banks, financial institutions and the like will legally be allowed to flood the sector with investment capital, loans, bonds and other financial services previous denied to this sectors.

I was around in 2014 when WA and CO legalization sent shady, fraudulent penny stocks up 10,000% in a few months. I made so much money then I bought my girlfriend a car, a wedding ring and I still have cash leftover today (and also the wifey ;)!

Fortunately I cashed out then because those penny stocks were a joke but SNDL is for real. The company already has nearly $1b in revenue, no debt with $170mm cash.

10 years later this boom is gonna be absolutely epic and I hope everyone has enough fuel for this ride. Hold on to your shares and take a seat cause we about to blast off. 2024 will be a year to remember!!!

$SNDL $SNDL $YCBD $IMCC $CGC $ACB
🪴 pic.twitter.com/LOZ8AEZK3z— THE FINAL COUNTDOWN (@READY_2_PROFIT) March 22, 2024

$SNDL Rising!

FULL YEAR AND FOURTH QUARTER 2023 FINANCIAL AND OPERATIONAL HIGHLIGHTS

-- Record net revenue for 2023 of $909.0 million compared to $712.2 million in 2022, an increase of 28%. Net revenue for the fourth quarter of 2023 was $248.5 million, compared to $240.4 million in the fourth quarter of 2022, an increase of 3%, with sequential growth in the Cannabis Retail and Cannabis Operations segments.

-- Gross profit grew to a record $190.4 million, or 21% of sales, for 2023, compared to $140.4 million, or 20% of sales, in the previous year, representing an increase of 36%. Record gross profit of $57.3 million, or 23% of sales, for the fourth quarter of 2023, compared to $43.6 million, or 18% of sales, in the fourth quarter of 2022. This improvement underscores the benefit of our supply chain optimization strategy, including the closure of the Olds, Alberta cultivation facility in October 2023.

-- Cash flow was negative $84.5 million in 2023, compared to negative $278.7 million, a 70% year-over-year improvement. In the fourth quarter of 2023, cash flow was negative $6.9 million, compared to negative $11.8 million in the fourth quarter of 2022, a 42% improvement. SNDL achieved positive cash flow in the second half of 2023, totaling $9.6 million.

-- Positive free cash flow1 achieved in the second half of 2023, totaling $17.7 million. This achievement was marked by positive free cash flow of $16.3 million in the third quarter of 2023 and $1.4 million in the fourth quarter of 2023, despite the working capital build up in anticipation of the holiday season in the latter quarter.

-- Operating income loss of $162.8 million for 2023, partly attributable to restructuring charges of $19.6 million and goodwill impairment of $29.0 million. This compares to a loss of $347.8 million in the previous year, marking a 53% improvement driven by revenue and margin expansion. Operating income loss of $84.9 million for the fourth quarter of 2023, including $13.3 million of restructuring cost and $29.0 million of goodwill impairment, compared to a loss of $154.6 million in the fourth quarter of 2022, a 45% improvement.

-- Adjusted EBITDA from continuing operations2 was $29.2 million in 2023, compared to an Adjusted EBITDA from continuing operations loss of $15.8 million in the previous year. Adjusted EBITDA from continuing operations was $3.5 million for the fourth quarter of 2023, compared to an Adjusted EBITDA from continuing operations loss of $7.5 million in the fourth quarter of 2022, a 147% improvement.

SNDL on Thursday reported an increase in fourth-quarter gross profit and higher revenue thanks to growth in its cannabis retail and operations units.

The New York-listed Canadian cannabis and liquor company reported a higher gross profit of 57.3 million Canadian dollars, or $42.5 million, up from C$43.6 million a year earlier.

Cash flow remained negative in the fourth quarter, but improved to a loss of C$6.9 million from a C$11.8 million loss in the prior-year period.

Net revenue in the quarter rose to C$248.5 million from C$240.4 million, and SNDL credited sequential growth in its cannabis retail and cannabis operations segments.

Chief Executive Zach George said that the fourth quarter capped off a successful year in which it achieved free cash flow in the second half of the year.

SNDL 4Q Gross Profit, Revenue Rise
6:18 am ET March 21, 2024 (Dow Jones)

DEA Rescheduling is Imminent
Moments away folks……..

Hemp derived "THCa" is the same as regular weed.

Sub-reddit for THCa products... https://www.reddit.com/r/CultoftheFranklin/

THC-A is a legal product with less than .3% THC in the total weight. Production of American grown hemp, THC-A flower is legal under the 2018 Hemp Farm Bill. It is not a federally banned substance as the Agricultural Improvement Act (Farm Bill) legally authorized the removal of hemp plants and seeds from the Drug Enforcement Administration schedule of controlled substances.

Yep! Swing trading this POS.

you here too pumping the garbage

https://finance.yahoo.com/news/3-penny-stocks-poised-unbelievable-103700668.html

Great prices!

LOL!

$26.00 in 2026.

$26.00 in 2026.

Read the whole article . It Will Make You Sick !!! This is what it's like to live in a Republican controlled State all paid off by Billonaires

The U.S. Hemp Roundtable sent out a call-to-action alert following Monday’s committee vote, imploring supporters to contact their representatives and urge them to oppose the amendment package because it would prohibit the sale of full-spectrum hemp products

During a 30-minute hearing on Monday, the Senate General Government Committee voted 4-1 to attach the cannabis legislation to an unrelated House-passed bill on alcohol regulations

The chairman said the public only had until 2:30pm ET on Monday to submit comment on the cannabis legislation—just hours after it was unveiled and moved through committee during the brief hearing. No additional public testimony will be accepted on Tuesday or Wednesday before a potential vote to send it to the floor.

ttps://www.marijuanamoment.net/ohio-senate-committee-advances-bill-to-eliminate-marijuana-home-grow-reduce-possession-limits-and-raise-taxes-days-before-legalization-takes-effect/

SNDL Inc. $SNDL Total Debt (mrq) $171.01M. $.10 coming

FINALLY........some great news. SNDL has approved yet another stock repurchase program to begin 20 Nov when the current repurchase program ends. They plan to repurchase 100,000,000 bucks Canadian or over 13,000,000 shares. Cool beans.

https://finance.yahoo.com/news/nova-announces-third-quarter-2023-014300931.html

https://www.sndl.com/Overview/Videos/#gallery-8

Don't care. SNDL is going up from here.

$SNDL Total Debt (mrq) $172.12M

SNDL Inc. $SNDL Total Debt (mrq) $172.12M

Did you get lost?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172974987 $SNDL

Yes.

Anyone here or along I can ask a question do they really have 160 dispensaries in Canada and 180 in America something like that

As the newly titled SAFER Banking Act remains calendared for a committee markup at 9:30 a.m. Sept. 27, the center of attention this past week has been on revised language following months of negotiations in the U.S. Senate.

But perhaps most iconic about recent movement on the Secure and Fair Enforcement Regulation (SAFER) Banking Act of 2023 (S. 2860)—with the word “regulation” added to the revised legislation that was formally introduced Sept. 20—is that fact that the upper chamber is taking the lead this time around and has navigated a path forward after years of no action.

In particular, the Senate Banking Committee appears to be on the eve of advancing the federal cannabis banking reform legislation with Majority Leader Chuck Schumer, D-N.Y., vowing to bring it to a full floor vote thereafter.

As the newly titled SAFER Banking Act remains calendared for a committee markup at 9:30 a.m. Sept. 27, the center of attention this past week has been on revised language following months of negotiations in the U.S. Senate.

But perhaps most iconic about recent movement on the Secure and Fair Enforcement Regulation (SAFER) Banking Act of 2023 (S. 2860)—with the word “regulation” added to the revised legislation that was formally introduced Sept. 20—is that fact that the upper chamber is taking the lead this time around and has navigated a path forward after years of no action.

In particular, the Senate Banking Committee appears to be on the eve of advancing the federal cannabis banking reform legislation with Majority Leader Chuck Schumer, D-N.Y., vowing to bring it to a full floor vote thereafter.

https://seekingalpha.com/news/4014213-hempacco-gets-225m-order-for-snoop-dogg-branded-vapes $SNDL