What's Going On With SNDL Stock?
Portfolio Pulse from Henry Khederian
Shares of SNDL Inc (NASDAQ:SNDL) are trading higher by 5.4% amid continued momentum in cannabis stocks due to U.S. efforts to reschedule marijuana. The Department of Health and Human Services (HHS) has proposed reclassifying marijuana to a lower-risk drug category, which has led to a rise in cannabis stocks over the past week. SNDL has a 52-week high of $3.36 and a 52-week low of $1.25.
September 11, 2023 | 4:37 pm
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SNDL Inc's stock is trading higher due to the proposed reclassification of marijuana by the HHS, which has led to a rise in cannabis stocks. The company's stock has a 52-week high of $3.36 and a 52-week low of $1.25.
The proposed reclassification of marijuana by the HHS has led to a rise in cannabis stocks, including SNDL Inc. This regulatory change is likely to have a positive impact on the company's stock in the short term.
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