SNDL Inc (NASDAQ:SNDL) is one of the best CBD stocks to buy right now. SNDL Inc (NASDAQ:SNDL) reported its Q1 2026 results on April 29, revealing a 4.4% YoY drop in revenue to $195.9 million. The company said it faced market headwinds in both its liquor and cannabis segments during the quarter.

SNDL’s combined cannabis segment revenue declined 3.8% to $91.8 million, and operating loss widened 20% to $5.8 million. The cannabis segment houses the company’s portfolio of CBD-infused products, such as the Pearls by Gron gummies.

Looking ahead, SNDL CEO Zach George said they anticipate improvements in the cannabis market in the back half of 2026. Citing the company’s solid financial position, the CEO stated that SNDL is well-positioned to take advantage of both organic and inorganic opportunities to enhance its portfolio and accelerate growth. SNDL closed Q1 with $213.4 million in cash and no debt.

The management mentioned disciplined capital allocation as a major priority. The team is also pursuing efficiency initiatives and profit-enhancement measures as it adjusts to the reality of the current market conditions. As part of the profit-enhancement efforts, SNDL is launching initiatives expected to add $20 million in operating income over the remainder of 2026.

Canada-based SNDL Inc (NASDAQ:SNDL) is engaged in the liquor and cannabis retail businesses. The company’s cannabis division produces and distributes a suite of products, including CBD-based topicals, beverages, and edibles like gummies and chocolates.

While we acknowledge the potential of SNDL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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