SNDL Is Consolidating Its Way Out Of The Immense Collapse

Nov. 15, 2022 9:08 AM ETSNDL Inc. (SNDL)ACB, ACB:CA25 Comments
Leo Imasuen profile picture
Leo Imasuen
7.04K Followers

Summary

  • SNDL Inc. is now one of the main consolidating players in the final stage of the collapse of cannabis companies.
  • The recent buyouts have been transformational to SNDL Inc.'s financial profile.
  • SNDL Inc.'s revenue surged by 1,500% over the year-ago quarter during its most recent earnings report.

Cannabis joint pattern on green background.

Mar Fernandez Navarro/iStock via Getty Images

SNDL Inc.'s (NASDAQ:SNDL) fiscal 2022 third quarter earnings came on the back of several acquisitions carried out in a year whose main highlight has been a broad collapse of valuations, sentiment, and hope across

SNDL market cap
Data by YCharts

This article was written by

Leo Imasuen profile picture
7.04K Followers
The equity market is an incredibly powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. These two polarising forces lay at the core of my stock coverage. The aim is to avoid wealth destruction and embrace wealth creation. I primarily focus on sustainable companies, growth stocks, deSPACs, and income investing.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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