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SNDL Expands Market Presence with Indiva Acquisition
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SNDL Expands Market Presence with Indiva Acquisition

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SNDL (SNDL) has released an update.

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SNDL Inc. has announced its successful acquisition of Indiva, a leading Canadian cannabis edibles producer, which is expected to bolster SNDL’s market share in the edibles category and streamline operations for better efficiency and cost savings. The deal, pending court and regulatory approval, is set to close in SNDL’s fourth quarter and includes Indiva’s state-of-the-art facility and a strong portfolio of brands.

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

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