SNDL


Associated tags: Private sector, Wine, AB, Cryptocurrency

Locations: WALL STREET, MCCARTHY, NOVA, ALBERTA, BERLIN, FLORIDA, NEW YORK, ONTARIO, BRITISH COLUMBIA

SNDL and Nova Cannabis Complete the Assignment of Dutch Love Stores to Nova Cannabis

Retrieved on: 
Thursday, May 9, 2024

CALGARY, AB, May 9, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") today announced that they have completed the assignment of SNDL's rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment"), upon the terms announced on April 1, 2024.

Key Points: 
  • CALGARY, AB, May 9, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") today announced that they have completed the assignment of SNDL's rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment"), upon the terms announced on April 1, 2024.
  • "We are excited to transition these stores to the Value Buds banner, marking our entry into the B.C.
  • As consideration for the Assignment, Nova issued to SNDL $8.179 million of Nova shares based on the 20-day VWAP of the Nova shares on March 28, 2024.
  • The addition of the Dutch Love Stores brings Nova's total store count to 99 and SNDL's direct and indirect cannabis store count across all retail banners to 188.

SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024

Retrieved on: 
Friday, April 26, 2024

CALGARY, AB, April 26, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") announced today that it will release its first quarter 2024 financial results for the period ended March 31, 2024, before the market opens on May 9, 2024.

Key Points: 
  • CALGARY, AB, April 26, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") announced today that it will release its first quarter 2024 financial results for the period ended March 31, 2024, before the market opens on May 9, 2024.
  • Following the release of its first quarter results, SNDL will host a conference call and webcast at 10:30 a.m. EDT (8:30 a.m. MDT) on May 9, 2024.
  • To access the live webcast of the call, please visit the following link: https://services.choruscall.ca/links/sndl2024q1.html
    A telephone replay will be available for one month.
  • To access the replay, dial:
    The webcast archive will be available for three months via the link provided above.

SNDL to Participate in Upcoming International Cannabis Conferences

Retrieved on: 
Tuesday, April 9, 2024

CALGARY, AB, April 9, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") is pleased to announce that Zach George, the Company's Chief Executive Officer, and Alberto Paredero, Chief Financial Officer, will be participating in several upcoming investor and cannabis conferences, including the International Cannabis Business Conference Berlin B2B and Benzinga Cannabis Capital Conference in Miami, Florida this month.

Key Points: 
  • CALGARY, AB, April 9, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") is pleased to announce that Zach George, the Company's Chief Executive Officer, and Alberto Paredero, Chief Financial Officer, will be participating in several upcoming investor and cannabis conferences, including the International Cannabis Business Conference Berlin B2B and Benzinga Cannabis Capital Conference in Miami, Florida this month.
  • On Tuesday, April 16, 2024, Alberto Paredero will speak at the Benzinga Cannabis Capital Conference in Miami, Florida.
  • The discussion 'Emerging Trends in Cannabis Finance: Smart Money For Plant-Touching Businesses' will begin at 1:30 p.m. EDT on the Breakout stage.
  • Mr. George will participate in a discussion titled 'Emerging Legal Cannabis Markets: Which countries have the potential to create the most opportunities?'

SNDL and Nova Cannabis Announce Assignment of Dutch Love Stores to Nova Cannabis and Extension of Credit Facility

Retrieved on: 
Tuesday, April 2, 2024

CALGARY, AB, April 1, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") announced today that SNDL has agreed to assign its rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment").

Key Points: 
  • CALGARY, AB, April 1, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") announced today that SNDL has agreed to assign its rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment").
  • "SNDL remains committed to strengthening Nova's retail position and the sustainability of its capital structure, as underscored by the extension of the credit facility," said Zach George, CEO of SNDL.
  • Pursuant to the Assignment, Nova shall issue to SNDL $8.179 million of Nova shares based on the 20-day VWAP of the Nova shares on March 28, 2024.
  • "The updates announced further solidify SNDL's continued support of Nova's growth trajectory," said Anne Fitzgerald, lead independent director of Nova.

Thinking about buying stock in Diamondback Energy, Merck, High Tide, Rumble, or SNDL?

Retrieved on: 
Wednesday, March 27, 2024

Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.

Key Points: 
  • Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
  • Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
  • InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street.
  • We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.

SNDL to Announce Year End and Fourth Quarter 2023 Financial Results on March 21, 2024

Retrieved on: 
Friday, March 1, 2024

CALGARY, AB, March 1, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") announced today that it will release its year end and fourth quarter financial results ended December 31, 2023, before the market opens on March 21, 2024.

Key Points: 
  • CALGARY, AB, March 1, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") announced today that it will release its year end and fourth quarter financial results ended December 31, 2023, before the market opens on March 21, 2024.
  • Following the release of its year end and fourth quarter results, SNDL will host a conference call and webcast at 10 a.m. EDT (8 a.m. MDT) on March 21, 2024.

SNDL and Nova Cannabis Extend Outside Date for Closing of the Strategic Partnership

Retrieved on: 
Monday, October 30, 2023

CALGARY, AB, Oct. 30, 2023 /PRNewswire/ - SNDL Inc. (NASDAQ: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") announced today that while all other provincial approvals have been received, the continued review by one provincial regulator has necessitated a further extension of the outside date for the closing of the previously-announced strategic partnership (the "Transaction") to November 30, 2023.

Key Points: 
  • CALGARY, AB, Oct. 30, 2023 /PRNewswire/ - SNDL Inc. (NASDAQ: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") announced today that while all other provincial approvals have been received, the continued review by one provincial regulator has necessitated a further extension of the outside date for the closing of the previously-announced strategic partnership (the "Transaction") to November 30, 2023.
  • In addition, SNDL and Nova have extended the maturity date of Nova's revolving credit facility with SNDL to November 30, 2023.

SNDL to Announce Third Quarter 2023 Financial Results on November 13, 2023

Retrieved on: 
Friday, October 27, 2023

CALGARY, AB, Oct. 27, 2023 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") announced today that it will release its third quarter financial results for the period ended September 30, 2023, before market opens on Monday, November 13, 2023.

Key Points: 
  • CALGARY, AB, Oct. 27, 2023 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") announced today that it will release its third quarter financial results for the period ended September 30, 2023, before market opens on Monday, November 13, 2023.
  • Following the release of its third quarter financial results, SNDL will host a conference call and webcast at 10:30 a.m. EST (8:30 a.m. MST) on Monday, November 13, 2023.

SNDL Streamlines Cannabis Operations Footprint to Enhance Competitiveness and Profitability

Retrieved on: 
Thursday, October 19, 2023

CALGARY, AB, Oct. 19, 2023 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today additional optimizations of its facility footprint to enhance the competitiveness and profitability of its Cannabis Operations segment.

Key Points: 
  • CALGARY, AB, Oct. 19, 2023 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today additional optimizations of its facility footprint to enhance the competitiveness and profitability of its Cannabis Operations segment.
  • "In the past year, we've transformed our facility footprint with a clear goal of achieving profitability in our Cannabis Operations by 2024," said Tyler Robson, SNDL's President, Cannabis.
  • SNDL expects optimizing its facility footprint to result in over $10 million in annual savings from its Cannabis Operations segment through a reduction in fixed overhead, power costs, and labour efficiencies.
  • In line with this strategic transition, SNDL expects to expand its operations in Atholville, creating potential employment opportunities in the area.

SNDL to Participate in Upcoming Investor and Cannabis Conferences

Retrieved on: 
Monday, September 18, 2023

CALGARY, AB, Sept. 18, 2023 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") is pleased to announce that Zach George, the Company's Chief Executive Officer, and Marcie Kiziak, CEO of Nova Cannabis Inc. (TSX: NOVC) and SNDL's President, Cannabis Retail, will be participating in several upcoming investor and cannabis conferences, including the ATB Capital Markets Life Sciences Fall Conference, Benzinga Cannabis Capital Conference and A.G.P.

Key Points: 
  • CALGARY, AB, Sept. 18, 2023 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") is pleased to announce that Zach George, the Company's Chief Executive Officer, and Marcie Kiziak, CEO of Nova Cannabis Inc. (TSX: NOVC) and SNDL's President, Cannabis Retail, will be participating in several upcoming investor and cannabis conferences, including the ATB Capital Markets Life Sciences Fall Conference, Benzinga Cannabis Capital Conference and A.G.P.
  • Virtual Cannabis Conference.
  • They will participate in a discussion titled 'Crossing Borders: Canada's Cannabis Journey and US Implications' at 3 p.m. EDT and will meet with institutional investors throughout the day.
  • On Wednesday, September 27, 2023, Mr. George will speak at the Benzinga Cannabis Capital Conference in Chicago.