Should You Buy Sundial Growers Stock In The Near Future?

Sundial Growers is a Canadian marijuana today in pre-market trading session is shows a positive tends by 2 Percent to $0,7620. The prices during the week were unstable on November 15, closing at $0,9385, and since that day, it significantly decreased. According to the latest reports of Grand View Research, in seven years, it is expected that the volume of sales in the global legal cannabis market will amount to about $70 billion as forecasted. Legal marijuana sales are expected to grow at the rate of 26.7% over the next seven years. If this estimate comes true, Sundial Growers and other cannabis will quickly become one of the fastest-growing industries in the world during this period.

rjCurrently, none of the Canadian companies can enter the marijuana market in the United States due to federal laws. And you have to be patient investors, appreciate the company’s ability, and stay in the market until the United States allows THC sales throughout the country. Therefore, Canopy Growth, OrganiGram, and Sundial Growers are three names that could be big winners. The obvious way these Canadian stocks could recover is if federal cannabis reform in the US opens the door for companies to enter the US market. But it may take longer than expected, even with some recent progress.

April Sanchez

Business and Tech Reporter

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