Zach George

Nova Cannabis Inc.'s (TSX:NOVC) (OTC:NVACF) shareholders gave the green light to the proposed plan of arrangement involving Nova and SNDL Inc. (NASDAQ:SNDL), which will be completed in accordance with an agreement dated August 12 between the two companies. Under the deal, SNDL will acquire all of...

SNDL Inc. (NASDAQ:SNDL) announced on Thursday that its stalking horse bid was chosen as the most successful bid for acquiring the Indiva Limited‘s (TSXV:NDVA) (OTCQX:NDVAF) business and assets. That's in the context of proceedings under Indiva’s filing under the Companies’...

SNDL Inc. (NASDAQ:SNDL) and Nova Cannabis Inc. (TSX:NOVC) announced on Tuesday that they have entered into an arrangement agreement under which SNDL will acquire all of the issued and outstanding common shares in the capital of Nova not already owned by SNDL, representing roughly 34.8% of Nova...

Cannabis company SNDL Inc. (NASDAQ:SNDL) reported its financial and operational results Thursday for the second quarter ended June 30, 2024, reporting revenue of CA$228.1 million ($164.35 million), down by 1.6% from CA$231.9 million in the second quarter of 2023. Year-over-year quarterly decrease...

SNDL Inc. (NASDAQ:SNDL) announced its financial and operational results on Thursday for the first quarter ended March 31, 2024. The company reported a total net revenue of CA$197.7 million, up from CA$191 million in the prior year's period. Out of that sum, cannabis retail revenue amounted to CA$71...

SNDL Inc. (NASDAQ:SNDL), through its joint venture with SunStream Bancorp Inc., announced on Thursday that SunStream USA group of companies will proceed with the process of acquiring equity positions in U.S. cannabis assets, following the completion of a review by SNDL’s listing authority,...

SNDL Inc. (NASDAQ:SNDL) and Nova Cannabis Inc. (OTCQB:NVACF), two of Canada’s largest cannabis companies, have announced a strategic realignment of their retail operations. The agreement sees SNDL assigning the rights to four Dutch Love cannabis retail stores to Nova Cannabis. Strategic...

SNDL Inc. (NASDAQ:SNDL) reported on Thursday its financial and operational results for the full year and fourth quarter ended Dec. 31, 2023, revealing a record net revenue for 2023 of CA$909 million ($670.3 million) compared to CA$712.2 million in 2022. That's an increase of 28% year-over-year. The...

SNDL Inc. (NASDAQ: SNDL) and Nova Cannabis Inc. (TSX: NOVC) announced a mutual decision to terminate the implementation agreement dated December 20, 2022, related to their previously announced strategic partnership. Simultaneously, the two companies reaffirmed a strong commitment to their...

SNDL Inc. (NASDAQ: SNDL) announced on Monday that its board of directors has approved the renewal of its share repurchase program upon the expiry of its current share repurchase program on November 20, 2023. The share repurchase program allows the Alberta-based company to repurchase up to CA$...

SunStream Bancorp Inc. announced on Friday that a receivership court order is allowing the sale of certain assets of Greenpeak Industries Inc. and certain affiliated entities doing business as Skymint to Skymint Acquisition Co., a newly formed designee entity of Tropics L.P. Tropics is a...

The Senate Banking Committee approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act on Wednesday, marking the first time Senate members have voted in favor of legislation that would allow cannabis businesses access to banks. Wednesday at the ...

SunStream USA was formed on Friday as SunStream Bancorp Inc. is poised to sign restructuring documentation with cannabis company Surterra Holdings, Inc., which is doing business as Parallel. SunStream is a joint venture sponsored by SNDL Inc. (NASDAQ: SNDL). Why It Matters SunStream USA ...

Canadian cannabis company  SNDL Inc. (NASDAQ: SNDL) reported Monday its financial results for the second quarter ended June 30, 2023, disclosing revenue of CA$244.5 million  ($182 million), up by 9.3% from CA$223.7 million in the same period of 2022. "Our incredible...

SNDL Inc. (NASDAQ: SNDL) recently provided an update on its proposed transaction with Nova Cannabis Inc. (OTCQB: NVACF) (TSX: NOVC) to establish a well-capitalized cannabis retail platform in Canada. The terms of the plan of arrangement have been amended, and SNDL shareholders will receive...