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Why Sundial Growers Stock Surged Today

TheMotleyFool

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Shares of Sundial Growers (NASDAQ: SNDL) jumped 12% on Wednesday, fueled by positive mentions of the pot stock on Reddit and other social media platforms.

Many individual investors are intrigued by the potential of the marijuana industry. The global cannabis market will grow to more than $90 billion by 2026, up from $20.5 billion in 2020, according to research firm MarketsandMarkets. Fortunes will be made in this rapidly expanding industry, and investors are eager to place their bets on who they believe will be the winners.

Image source: Getty Images.

Source Fool.com

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