CALGARY, AB (April 23, 2021) — Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced that it has increased its commitment to SunStream Bancorp Inc. (“SunStream”) to $188 million from its previously announced commitment of $100 million. SunStream is a joint venture between Sundial and the SAF Group that will leverage a strategic financial and operational partnership to target asymmetrically enhanced risk-return opportunities in the cannabis industry to provide exposure to a portfolio of attractive debt, equity and hybrid investments. Initially, SunStream expects to form a special opportunities fund with capital from the Company and the SAF Group, in addition to commitments from third-party limited partners. Sundial expects to provide an update on third-party capital commitments within the next 60 days.
Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") today announced that between September 3, 2021 and October 19, 2021, Sundial disposed of 2,336,500 common shares (“Common Shares”) in the capital of Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF)Read More
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) is pleased to announce today that it has entered into an arrangement agreement (the “Agreement”) with Alcanna Inc. (TSX: CLIQ) (“Alcanna”) pursuant to which Sundial will acquire all of the issued and outstanding common shares of Alcanna (“Alcanna Shares”) by way of a statutory plan of arrangement for total consideration of approximately $346 million (the “Transaction”).Read More
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced that it has reacquired (the “Acquisition”) more than 10%Read More