CALGARY, AB, Aug. 29, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today that, in the context of proceedings pursuant to Indiva Limited's ("Indiva") filing under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") and the sales and investment solicitation process, the stalking horse bid of SNDL has been chosen as the successful bid in the acquisition of the Indiva business and assets (the "Transaction"), subject to approval by the Ontario Superior Court of Just ...

This stock is looking more ripe by the quarter. SNDL (SNDL -0.94%) will soon achieve something that it's been working on for years. Once it accomplishes its goal, it'll be the start of a new era for the company where growth will likely be faster. But does that make the stock a buy? Probably not for everyone, but for some investors, the answer will be an emphatic affirmative. Let's take a look at what the company will do in the next few quarters and why it matters. This process has been in the works for a lo ...

SNDL and Nova Execute Arrangement Agreement with Key Shareholder Support CALGARY, AB, Aug. 13, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") are pleased to announce that they have entered into an arrangement agreement (the "Agreement") pursuant to which SNDL will acquire all of the issued and outstanding common shares in the capital of Nova ("Nova Shares") not already owned by SNDL, representing approximately 34.8% of Nova Shares, by way of a statutory pla ...

rgbspace SNDL (NASDAQ:SNDL) recently reported its Q2 2024 financial results, which show ongoing improvement. The stock is down 17% since I covered it on Seeking Alpha last May. At that time, the rescheduling of cannabis had just been announced. As of today, although the process has run its course, the conclusion is still uncertain and the government has not made a final decision. Due to this uncertainty around rescheduling and ongoing greater market volatility, I change my rating from a Buy to a Hold. Last ...

SNDL Inc. (NASDAQ:SNDL) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Zach George - Chief Executive Officer Alberto Paredero - Chief Financial Officer Conference Call Participants Yewon Kang - Canaccord Genuity Frederico Gomes - ATB Capital Markets Operator Good morning, and welcome to the SNDL's Second Quarter 2024 Financial Results Conference Call. This morning, SNDL issued a press release announcing their financial results for the 2024 second quarter ended on June 30th, ...

The Company reports record Gross Margin and material improvements in profitability and Free Cash Flow year-over-year CALGARY, AB, Aug. 1, 2024 /PRNewswire/ - SNDL Inc. (NASDAQ: SNDL) ("SNDL" or the "Company") reported its financial and operational results for the second quarter ended June 30, 2024. All financial information in this press release is reported in millions of Canadian dollars unless otherwise indicated. SNDL has also posted a supplemental investor presentation on its website, found at https://s ...

CALGARY, AB, July 30, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") is pleased to announce the resolutions put to holders of common shares (the "Shareholders") at the Annual General Meeting (the "Meeting") were passed. # of Votes For% of Votes For # of Votes Against% of Votes Against 81,750,156 93.70 5,494,236 6.30 # of Votes For% of Votes For # of Votes Withheld% of Votes Withheld 80,812,036 92.63 6,432,356 7.37 For more information on SNDL, please go towww.sndl.com. The following ...

CALGARY, AB, July 16, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or "The Company") today announced a restructuring project aimed at reducing corporate overheads and improving the efficiency of its organizational structure to position the Company for future growth. The project is expected to deliver over $20 million in annualized cost savings driven primarily by the optimization of corporate overhead spending, including the reduction in 106 full-time employees. The restructuring will require a one- ...

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 ...