Sundial Growers Inc (NASDAQ: SNDL) has decided to scale its commitment to SunStream Bancorp Inc higher. The company says that it will increase the initial figure by $350 million. In other words, it moves from the initial commitment of $188 million to settle at $538 million.
SunStream happens to be a joint venture between the SAF Group and Sundial Growers Inc (NASDAQ: SNDL). It has been working towards achieving asymmetrically enhanced risk-return opportunities within the cannabis segment. It attributes the success witnessed so far to its ability to leverage operational and financial partnerships.
Sundial Growers Inc (NASDAQ: SNDL) happens to be one of the publicly traded companies and operates under the symbol “SNDL” at Nasdaq. It takes great pride in its achievements, outlining that it is encouraging to get to a point where its business is analyzed and reported under two operational segments. The first segment happens to be its investments, and the other being cannabis.
Efforts to scale higher in terms of production
It reports about Canada’s operations, where it focuses on the cultivation of small-batch cannabis. It employs the individualized “room” approach in the cultivation exercise. It discloses that it has available space measuring 448,000 square feet.
The company wants to boost its elaborate portfolio comprising Sundial Cannabis, Top Leaf, Grasslands, and Palmetto.
Sundial Growers Inc (NASDAQ: SNDL) seeks to leverage its consumer-packaged goods experience to accomplish more and achieve significant revenues. It is a journey that starts with growing quality cannabis to serve consumers with top-notch products that are value for their money. It hopes to achieve a lot in terms of creating an exceptional consumer experience.
Sundial also speaks out concerning its investment operations, outlining that it plans to deploy strategic capital through direct and indirect partnerships and investments throughout the global cannabis segment.
Sundial Growers Inc (NASDAQ: SNDL) has a market cap of $1.78 billion, and has a 52-week low high range of $0.14-$3.96.