Is Sundial Growers Planning a Splashy Deal?
The recent merger involving pot giants Tilray and Aphria is one of the largest deals that the industry has seen in a while. But with 2021 looking challenging for the economy as the COVID-19 pandemic continues to create uncertainty, there could be more consolidation to come this year, especially if the markets crash and it gets more difficult for cannabis companies to raise money.
One company cannabis investors should keep a close eye on is Sundial Growers (NASDAQ: SNDL). In its most recent earnings report, Sundial dropped a small but significant hint that it could be a buyer or a seller in a potential transaction. And the company has been busy since then, suggesting that something big could be on the horizon.
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Source Fool.com
