SNDL (SNDL) has released an update.
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SNDL Inc. has successfully completed the acquisition of the remaining shares of Nova Cannabis Inc., enhancing its cannabis retail operations and reducing public company costs. The acquisition offers Nova shareholders a premium on their shares, and Nova’s shares will be delisted from the Toronto Stock Exchange. SNDL is strategically positioned for growth in the Canadian cannabis market, supported by a strong financial foundation.
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