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SNDL to Announce Third Quarter 2024 Financial Results on November 5, 2024
Prnewswire· 2024-10-24 20:45
CALGARY, AB, Oct. 24, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") announced today that it will release its third quarter 2024 financial results for the period ended September 30, 2024, before market opens on Tuesday, November 5, 2024.Following the release of its third quarter results, SNDL will host a conference call and webcast at 10:00 a.m. EDT (8:00 a.m. MDT) on November 5, 2024.WEBCAST ACCESSTo access the live webcast of the call, please visit the following link:https://edge.media-server.com/m ...
SNDL Successfully Completes Privatization of Nova and Welcomes New Director
Prnewswire· 2024-10-21 12:55
CALGARY, AB, Oct. 21, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") are pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") pursuant to which SNDL has acquired all of the issued and outstanding common shares in the capital of Nova ("Nova Shares") not already owned by SNDL, representing approximately 34.8% of the Nova Shares. The Arrangement was approved by at least two-thirds of the holders of Nova Shares ("N ...
SNDL Announces Departure of Liquor Segment President
Prnewswire· 2024-09-10 20:30
Core Insights - SNDL Inc. announced the retirement of Taranvir (Tank) Vander, President of the Liquor Division, after two decades in the liquor industry [1][2] - Tank Vander played a significant role in the growth of Ace Liquor Corporation and its partnership with Alcanna Inc., contributing to SNDL's record performance in the last two years [2] - Navroop Sandhawalia will serve as Interim President of the Liquor Division while SNDL searches for Vander's replacement [3] Company Overview - SNDL is a public company traded on Nasdaq under the symbol "SNDL" and is the largest private-sector liquor and cannabis retailer in Canada [4] - The company operates various retail banners, including Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis [4] - SNDL is also a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada, focusing on low-cost biomass sourcing and premium indoor cultivation [4]
3 Reasons Why SNDL Might Be the Best Cannabis Stock of 2024 and 2025
The Motley Fool· 2024-09-04 10:00
The company is overcoming its former challenges quarter by quarter. SNDL (SNDL) looks like it's on the road to being a leading cannabis stock. Between making a lot of operational improvements and buying up a lot of local competitors, the company's cannabis segment in Canada is getting stronger and stronger, right when its alcohol business is picking up, too. And that's why it's in the running for the title of being the best cannabis stock this year, and it has a shot at winning next year as well. Here's wha ...
SNDL Announces Successful Bid to Purchase Indiva
Prnewswire· 2024-08-29 11:00
CALGARY, AB, Aug. 29, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today that, in the context of proceedings pursuant to Indiva Limited's ("Indiva") filing under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") and the sales and investment solicitation process, the stalking horse bid of SNDL has been chosen as the successful bid in the acquisition of the Indiva business and assets (the "Transaction"), subject to approval by the Ontario Superior Court of Just ...
SNDL Will Soon Pass a Big Milestone, But Is the Stock a Buy?
The Motley Fool· 2024-08-22 09:00
This stock is looking more ripe by the quarter. SNDL (SNDL -0.94%) will soon achieve something that it's been working on for years. Once it accomplishes its goal, it'll be the start of a new era for the company where growth will likely be faster. But does that make the stock a buy? Probably not for everyone, but for some investors, the answer will be an emphatic affirmative. Let's take a look at what the company will do in the next few quarters and why it matters. This process has been in the works for a lo ...
SNDL to Acquire Remaining Minority Interest of Nova Cannabis
Prnewswire· 2024-08-13 11:00
SNDL and Nova Execute Arrangement Agreement with Key Shareholder Support CALGARY, AB, Aug. 13, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") are pleased to announce that they have entered into an arrangement agreement (the "Agreement") pursuant to which SNDL will acquire all of the issued and outstanding common shares in the capital of Nova ("Nova Shares") not already owned by SNDL, representing approximately 34.8% of Nova Shares, by way of a statutory pla ...
SNDL Reports Improved Q2 2024 Financials Amidst Sector Uncertainty (Hold)
Seeking Alpha· 2024-08-12 08:34
rgbspace SNDL (NASDAQ:SNDL) recently reported its Q2 2024 financial results, which show ongoing improvement. The stock is down 17% since I covered it on Seeking Alpha last May. At that time, the rescheduling of cannabis had just been announced. As of today, although the process has run its course, the conclusion is still uncertain and the government has not made a final decision. Due to this uncertainty around rescheduling and ongoing greater market volatility, I change my rating from a Buy to a Hold. Last ...
Prediction: Marijuana Stocks Will Shed Their (Bad) Reputation
The Motley Fool· 2024-08-10 10:45
The industry's maturation is in progress, even if it's proceeding slowly. Among many experienced investors, the consensus appears to be that marijuana stocks are uninvestable. It isn't too surprising. During the past three years, despite the market's gain of 23%, many major marijuana stocks are down by 65% or more. But the industry's leaders will eventually overcome this stigma. Here's what you should be looking for to know which companies to buy so that you can benefit when that eventually happens. Underst ...
Sundial(SNDL) - 2024 Q2 - Earnings Call Transcript
2024-08-02 17:07
SNDL Inc. (NASDAQ:SNDL) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Zach George - Chief Executive Officer Alberto Paredero - Chief Financial Officer Conference Call Participants Yewon Kang - Canaccord Genuity Frederico Gomes - ATB Capital Markets Operator Good morning, and welcome to the SNDL's Second Quarter 2024 Financial Results Conference Call. This morning, SNDL issued a press release announcing their financial results for the 2024 second quarter ended on June 30th, ...