SNDL completes acquisition of Indiva Limited to strengthen its position as a premier producer of cannabis products in Canada
SNDL completes acquisition of Indiva Limited to strengthen its position as a premier producer of cannabis products in Canada
11/04/24, 10:44 PM
Location
calgarycanadaIndustry
food and beverage
SNDL Inc. announced the successful closure of its acquisition of Indiva Limited's business and assets. This strategic acquisition reinforces SNDL's standing as a premier producer of cannabis products in Canada, broadening its product portfolio and solidifying its leadership in the infused edibles category. The transaction includes Indiva's 40,000-square-foot production facility in London, Ontario, and a diverse brand portfolio, setting SNDL to meet evolving consumer demands across Canada.
Company Info
Location
Calgary, Alberta, Canada
Company info
SNDL is a public company whose shares are traded on Nasdaq under the symbol "SNDL."
SNDL is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf.
SNDL is a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, premium indoor cultivation, product innovation, low-cost manufacturing facilities, and a cannabis brand portfolio that includes Top Leaf, Contraband, Citizen Stash, Sundial Cannabis, Palmetto, Bon Jak, Spiritleaf Selects, Versus Cannabis, Value Buds, Vacay and Grasslands.
Please reach out to our investor relations department at investors@sndl.com with any investor-related questions.