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Motley Fool
Is a Reverse Stock Split Coming for These 2 Pot Stocks?
It’s a discretionary move, and while some businesses, including Berkshire Hathaway, like keeping their share prices high, others like to split their stocks to bring down their prices so they look more affordable to retail investors. Two cannabis stocks that may potentially take on such moves in the near future are Sundial Growers (NASDAQ: SNDL) and Hexo (NASDAQ: HEXO). It’s looking inevitable that Sundial Growers will need to use a reverse stock split to stay on the Nasdaq.
