The cannabis industry in the U.S. and Canada continues to expand, making Sundial Growers (NASDAQ:SNDL) and Curaleaf (CURLF (OTC:CURLF)) interesting potential investments right now. But if you take a closer look, one company continues to grow its revenue and earnings at an enviable rate while the other is grappling with shareholder dilution and declining sales.Cannabis investors have seen a significant decline in their portfolio value this year. Cannabis stocks in the U.S. have fallen after the euphoria surrounding pot legalization seems to have taken a back seat in recent months. Last year, Joe Biden’s administration was expected to legalize, or at least decriminalize marijuana consumption at the federal level. But there has been no development on either of these fronts.
Alternatively, Canadian pot stocks continue to be impacted by widening losses, weak financials, accelerated dilution of shareholder wealth and several other factors.
Given the substantial pullback in cannabis stocks this year, let’s see which between Sundial Growers (SNDL) and Curaleaf (CURLF) is a better stock to buy on the dip right now. Sundial is a Canadian marijuana producer and Curaleaf has a huge presence in the U.S.