june-quarter report: The batch of cannabis would be worth roughly C 2.5 million 1.9 million assuming a price of C 5 per gram, according to Market Watch. Sundial has not disclosed that a shipment has been returned; a spokeswoman for the company didn't return requests for comment. The attempted sale would be the equivalent of 10% of Sundial's SNDL, 0.10% total second-quarter cannabis sales of five metric tons. Sundial announced earnings Wednesday morning. People familiar with the matter say that party was Sundial, and Zenabis returned the cannabis because the pot was of poor quality and contained bits of rubber, among other issues. In its own June-quarter report the same morning, Canadian cannabis company Zenabis Global ZENA, 7.69% disclosed that it had returned a half ton of pot and terminated its agreement to buy weed from a third party that it did not name.
(news.financializer.com). As
reported in the news.
Tagged under june-quarter report, half ton topics.