Why Sundial Growers Will Get a Huge Boost in Sales Next Quarter
For a supposed growth stock, Sundial Growers (NASDAQ: SNDL) hasn't been doing much growing. For example, generating consistent sales growth has been a big problem for the Calgary, Canada-based cannabis grower. Last year its revenue declined by 8%, and when compared to 2019, its top line was down by 12%.
But the cannabis company has been expanding through acquisitions of late. Its operations are getting broader, branching out from being just a cultivator to a pot shop operator -- and most recently, even a liquor store owner. And that's why I feel confident in making what should be a straightforward prediction for the company's upcoming quarter: Sundial's revenue will hit a record high.
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Source Fool.com
