With uncertainties regarding legalization and the existence of illicit practices in the field, let’s look into the fundamentals of SNDL Inc. (SNDL) and Canopy Growth Corporation (CGC) to see if they could be wise portfolio additions now.
The Canadian cannabis industry, one of the largest legal cannabis markets, is facing turbulent market conditions. A government-appointed expert panel found that despite the legal cannabis market’s growth in the country, companies operating in this space are struggling to realize profits.
