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SNDL Stock in 2023: Skyrocket or Crash?

SNDL Stock in 2023: Skyrocket or Crash?

It has not been a great year for SNDL (NASDAQ: SNDL), formerly known as Sundial Growers. A tough macroeconomic environment and pricing erosion in the oversupplied Canadian cannabis market have been disastrous not only for SNDL, but also for all Canadian cannabis stocks. In the words of CEO Zach George, "In a sense, things in the Canadian cannabis industry are so bad that they're good."