Why Marijuana Stocks Are Hopping Again on Tuesday [Yahoo! Finance]
SNDL Inc. - Common Shares (SNDL)
Company Research
Source: Yahoo! Finance
Last week, Vice President Kamala Harris voiced plans " to legalize marijuana " in the U.S. In just a few days, Germany will do just that, decriminalizing both marijuana possession and home cultivation of cannabis effective April 1. Investors who pocketed gains yesterday are lining up to buy more on Tuesday. As of 10:40 a.m. ET, shares of marijuana stocks Cronos Group (NASDAQ: CRON) SNDL (NASDAQ: SNDL) , and Canopy Growth (NASDAQ: CGC) are up 4.8%, 8.3%, and 11.8%, respectively. Voters support cheaper marijuana There's good reason for optimism. While U.S. federal marijuana legalization may or may not happen, support is building in Congress for legislation making sales at the state level -- where 24 states have fully legalized weed -- more profitable for the companies that sell it. As cannabis news source Marijuana Moment reports, an American Bankers Association poll finds that 63% of voters polled support Congress passing a Secure and Fair Enforcement Regulation (SAFER) Banking
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SNDL
News
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024PR Newswire
- SNDL Inc. (SNDL) Now Trades Above Golden Cross: Time to Buy? [Yahoo! Finance]Yahoo! Finance
- SNDL to Participate in Upcoming International Cannabis Conferences [Yahoo! Finance]Yahoo! Finance
- SNDL to Participate in Upcoming International Cannabis ConferencesPR Newswire
SNDL
Sec Filings
- 4/26/24 - Form 6-K
- 4/15/24 - Form S-8
- 4/9/24 - Form 6-K
- SNDL's page on the SEC website