This Could Be a Huge Problem for Sundial Growers
Sundial Growers (NASDAQ: SNDL) has struggled to generate much in the way of consistent growth in recent years. Meanwhile, it has diluted shareholders heavily, with the company now having more than 2 billion shares on its books, which is more than nine times what it had at the end of 2020.
In an attempt to generate some growth, Sundial has been investing in the retail pot sector. But it may not be smooth sailing for those businesses, either. There's a potentially big rival waiting in the wings, one that has already invested in the sector: retail giant Alimentation Couche-Tard (OTC: ANCT.F).
Source Fool.com
