SNDL (SNDL) has released an update.
SNDL Inc. is set to acquire the remaining minority interest in Nova Cannabis for approximately $40 million, consolidating its position in the Canadian cannabis market. The deal is expected to bring operational efficiencies and enhanced retail expertise to SNDL’s portfolio. Nova shareholders will receive a significant premium on their shares, with the option to take cash or SNDL common shares as part of the agreement.
For further insights into SNDL stock, check out TipRanks’ Stock Analysis page.
