CALGARY, AB, July 5, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or "The Company") today announced that it has completed the acquisition (the "Debt Acquisition") of the principal indebtedness (the "Purchased Indebtedness") of Delta 9 Cannabis Inc. ("Delta 9") from Connect First and Servus Credit Union Ltd. ("CFCU") for a purchase price of CAD $28,138,284 pursuant to a purchase and sale of indebtedness agreement dated July 5, 2024. SNDL is a public company whose shares are traded on the Nasdaq under ...

CALGARY, AB, July 5, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today that it has entered into a purchase agreement (the "Bid Agreement") with Indiva Limited ("Indiva") and its direct and indirect subsidiaries (collectively with Indiva, the "Indiva Group"), pursuant to which SNDL has offered to purchase all of the issued and outstanding shares of Indiva and the business and assets of the Indiva Group (collectively, the "Indiva Assets") for consideration comprising of a ...

With its share price elevated significantly amid buzz surrounding cannabis stocks, management opted to issue a large amount of stock, accumulating $1.1 billion in Canadian dollars ($800.4 million in U.S. currency) in cash, equivalents, and investments by the third quarter of 2021. It then used the money on a series of acquisitions of cannabis and beer companies in Canada, its home market, and created a new segment exclusively for investing in cannabis businesses in North America. Few of its North American c ...

Here Are 3 Marijuana Stocks For Your June List So when there is an uptrend this is where profits are made. Yet when there is a downtrend this is where most would begin to look for marijuana stocks to buy. Having a game plan and learning about the stocks you feel are worth investing in are crucial. At times a company can be successful but trade poorly in the market. Cannabis stock investing takes lots of patience and observation because trading patterns can change without warning. Top Marijuana Stocks To Wat ...

And things could be getting even better over the next few quarters. Here's what you need to know. There may well be a lot more profit on the way from its investing activities. SunStream Bancorp buys the debt of marijuana businesses in the U.S. and Canada, and, in some cases, invests in them directly to secure a share of their equity. Its portfolio is worth roughly CA$560 million, and, so long as its debtors are good for the cash, it'll enjoy a stream of interest income for the foreseeable future. This stock ...

SNDL has a shot at generating free cash flow this year. As shareholders already know, SNDL (SNDL -1.92%) stock is having a great year, as it's up by 35% through the first five months of 2024. The Canadian alcohol and cannabis business is finally picking up steam after spending many quarters on improving its operational efficiency and slimming down its operation. And there's a good chance the stock is just getting started. Operations are starting to look more efficient SNDL isn't currently profitable. But th ...

Three Canadian-based cannabis stocks that could benefit the most from legalization in the U.S. market are Canopy Growth (CGC -8.45%), Tilray Brands (TLRY), and SNDL (SNDL -3.70%). Here's a breakdown of their respective businesses and which one may be the best option for investors who are bullish on the prospects for legalization. Recently, the company obtained the blessing from its shareholders to move ahead with Canopy USA, a special purpose vehicle it has created as the financial home for its U.S.-based a ...

SNDL Inc. (NASDAQ:SNDL) KCSA Cannabis Virtual Investor Conference Call June 5, 2024 10:30 AM ET Company Participants Phil Carlson - KCSA Strategic Communications Zachary George - Chief Executive Officer Conference Call Participants Frederico Gomes - Vice President of Institutional Research, ATB Capital Markets Phil Carlson Hello and welcome to Virtual Investor Conferences. My name is Phil Carlson and on behalf of KCSA Strategic Communications as well as our co-host OTC Markets Group, we're very pleased you ...

CALGARY, Alberta, May 31, 2024 (GLOBE NEWSWIRE) -- SNDL Inc. (NASDAQ:SNDL), Canada's largest private-sector regulated products platform, today announced that Zach George, Chief Executive Officer, will present live at KCSA Cannabis Virtual Investor Conference hosted by VirtualInvestorConferences.com and co- sponsored by KCSA Strategic Communications, on June 5, 2024. DATE: June 5, 2024 TIME: 10:30 a.m. EDT LINK: https://bit.ly/3QVIu08 This will be a live, interactive online event through which investors are ...

Marina Fedorova/iStock via Getty Images SNDL Inc. (NASDAQ:SNDL) and other cannabis stocks (CGC, GRWG, VFF) rallied on renewed news of federal cannabis rescheduling. The rally was short-lived because investors need to unpack the development and see what it implies. On the surface, it seems to be a reiteration of last week's news of rescheduling. There are a few details to consider. SNDL has seen a lot of action in the recent cannabis rallies. There is additional news with the company, who just released its Q ...