SNDL (SNDL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.