SNDL Reports Improved Q2 2024 Financials Amidst Sector Uncertainty (Hold)
SNDLSundial(SNDL) Seeking Alpha·2024-08-12 16:34
rgbspace SNDL (NASDAQ:SNDL) recently reported its Q2 2024 financial results, which show ongoing improvement. The stock is down 17% since I covered it on Seeking Alpha last May. At that time, the rescheduling of cannabis had just been announced. As of today, although the process has run its course, the conclusion is still uncertain and the government has not made a final decision. Due to this uncertainty around rescheduling and ongoing greater market volatility, I change my rating from a Buy to a Hold. L ...