What’s Going On With Cannabis Stock SNDL?
SNDL, Inc. (NASDAQ:SNDL) shares are trending Thursday, and the stock is up more than 75% over the past month.
What To Know:
SNDL shares are pulling back Thursday after the stock gained 22.6% Wednesday. The cannabis sector has rallied recently amid legalization in Germany and renewed optimism around the possible rescheduling of marijuana in the United States.
Also, Florida’s Supreme Court ruled on Monday to allow an initiative that would legalize recreational marijuana to appear on the state’s ballot in November. If approved by 60% of voters, it would legalize recreational, adult-use marijuana in the state.
SNDL is one of the top trending tickers on Yahoo Finance and WallStreetBets …