Sundial vs. 22nd Century Group: Which Cannabis Stock Is a Better Buy?

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However, like in all emerging markets, in the cannabis industry there are several companies that are reporting massive losses and trading at steep valuations. There is a good chance for many of the companies in the cannabis space to go bust, given their high cash burn rate and shareholder dilution. But this high-growth industry will also have a few stocks that will generate exponential gains on the back of inorganic growth, an expanding addressable market and the benefits derived from economies of scale.

Keeping these factors in mind, let’s see which cannabis stock, Sundial (SNDL) or 22nd Century Group (XXII), should be on your radar right now.

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