Sundial Growers Inc. (SNDL)

2025 didn’t start off very well for the American cannabis sector.

Operator: Hello, everyone, and welcome to SNDL Fourth Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

The alcohol industry has found itself on the frontlines of a global trade war, sparked by President Donald Trump imposing increased tariffs on America’s neighbors and friends across the pond.

On March 12, CNBC reported that after the European Union, Canada also announced that it would impose retaliatory tariffs on US goods.

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An essential component of medical marijuana, CBD is the legal, non-psychoactive compound that is used to treat chronic pain, anxiety, and other ailments.

The global alcohol industry is currently grappling with strict regulations, high taxes, inflation, and rising costs, which are likely to persist and may squeeze the profit margins of alcohol producers...

The global marijuana market is growing and the market for legal cannabis is expected to rise at a CAGR of 25.7% and reach $102.2 billion by 2030, according to Grand View Research.