Fundamentals turn good, the slump of SNDL.US can overturn

The subsequent collapse in share prices can be attributed to two factors. First and foremost, speculative investors took profits and fled stocks that had offered multiple returns in previous months. In addition, the company took advantage of the rally to order a large number of shares, with Sundial Growers issuing 1.15 billion shares between September 2020 and February 2021, bringing its total number of shares to more than 2 billion. With negative margins, Sundial Growers, like most of its peers, has raised equity several times over the past two years, diluting shareholder wealth at an alarming rate.