SNDL's Retail Footprint and Strategy - SNDL has the largest cannabis retail footprint in Canada through its Value Buds, Spiritleaf, Superette, and Firesale banners[1] - SNDL's retail strategy includes diverse banners targeting distinct consumer segments to maximize market penetration[117] - Firesale aims to provide the most affordable cannabis products in Canada by liquidating aged inventory[29] Financial Performance and Investments - SNDL reported $6.6 million in interest and fee revenue[11] - The fair value of Canadian credit and equity investments is $551 million[13] - SNDL's Q3 2023 cannabis operations net revenue was $21 million[54] - SNDL's Q3 2023 liquor retail net revenue was $75.5 million[43] - SNDL's investment portfolio generates positive cashflows and provides strategic alternatives for M&A activities[72] SunStream Investments - SunStream was launched to provide SNDL exposure to the US cannabis market[135] - The fair value of the SunStream portfolio is $583 million[155]
Sundial(SNDL) - 2023 Q3 - Earnings Call Presentation