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3 Reasons Sundial Growers May Be the Best Canadian Cannabis Stock to Buy


Much of the profit that investors in Sundial Growers (NASDAQ: SNDL) have made over the past year can likely be attributed to speculation and the stock becoming a popular buy on Reddit. That popularity has also improved the company's prospects, allowing it to raise cash multiple times and at prices that it otherwise wouldn't have been able to, putting it in a much stronger financial position today.

Sundial Growers is an underdog in the sector due to its small size and low sales numbers. And many investors dismiss it as nothing more than a meme stock. But as far as Canadian cannabis companies go, it might be the best one to invest in right now. Here's why. 

Image source: Getty Images.

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Source Fool.com

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