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SNDL Bolsters Market Presence as Delta 9’s Top Creditor

SNDL Bolsters Market Presence as Delta 9’s Top Creditor

SNDL (SNDL) has released an update.

SNDL Inc. has secured its position as the top creditor for Delta 9 Cannabis Inc. by acquiring the company’s outstanding debt for CAD $28.1 million, elevating SNDL’s total claim to CAD $40.6 million. This strategic move grants SNDL first-priority access to Delta 9’s assets, strengthening its foothold in the cannabis industry. SNDL continues to expand its presence as a major player in the Canadian market, with a diverse portfolio of retail and cannabis brands.

For further insights into SNDL stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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