SNDL Inc. successfully acquires Indiva Limited to enhance cannabis product offerings
08/29/24, 11:03 AM
Location
calgarycanadaIndustry
food and beverage
SNDL Inc. has won the bid to acquire Indiva Limited in the context of the Companies' Creditors Arrangement Act proceedings. The acquisition includes Indiva's state-of-the-art facility in London, Ontario, and a portfolio of leading owned and licensed brands, which is expected to enhance SNDL's product offerings and solidify its position in the Canadian cannabis market.
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.