Sundial, an AI-powered analytics platform, raises $23 million to deliver opinionated intelligence that helps leaders make faster, better decisions.

SNDL Stock: Sundial Avoids Delisting Previously, Sundial had until Feb. 7 to reach $1 for 10 consecutive days in order to stay listed on the Nasdaq. The Nasdaq gave Sundial this notice last August.

If Sundial traded at that multiple, the company's market cap would top $12 billion -- roughly 6.5 times greater than the current level. Of course, Canopy's sky-high P/S multiple skews the average.

Ironically, that’s why she’s so beloved in the first place. Sundial is out now via Noname, Inc. / AWAL Recordings. You can get it here.

Analysts forecast Sundial Growers can increase revenue from CA$73.3 million last year to around CA$705 million in 2022 and as much as CA$1.1 billion by the end of 2024, at which time it will be ...

However, Sundial raised CA$48 million after the end of Q3 through a stock offering. It also took advantage of its huge stock run-up and closed another stock offering earlier this month that ...

It complements a deal that Sundial closed on last year to buy Inner Spirit, which at the time already had more than 100 pot shops across Canada. But there's no indication that Sundial is done.

Sundial Growers ' (SNDL) struggle to meet the Nasdaq's minimum bid price per share requirements continues to haunt investors. The stock has failed to trade above $1 per share for 30 consecutive days.

Sundial reported $178.85 million in net losses for 2021 but just $160.2 million in net losses in 2020. That means that, rather than edging towards profitability, the company’s losses are steepening.