SNDL ( (SNDL) ) has issued an announcement.
SNDL Inc. has entered into an agreement to acquire 32 cannabis retail stores from 1CM Inc., expanding its retail presence in Ontario, Alberta, and Saskatchewan. This acquisition, valued at $32.2 million, will increase SNDL’s total store count to 219, reinforcing its leadership in the Canadian cannabis market. The transaction is expected to close by the end of the third quarter of 2025, subject to customary approvals. 1CM’s board has unanimously approved the deal, viewing it as beneficial for shareholders, with plans to return a substantial portion of the proceeds to them.
Spark’s Take on SNDL Stock
According to Spark, TipRanks’ AI Analyst, SNDL is a Neutral.
SNDL’s stock score reflects strong revenue growth and a robust balance sheet, tempered by ongoing profitability and valuation challenges. Technical analysis indicates a bearish trend, but positive earnings call sentiment and strategic growth initiatives offer some optimism.
To see Spark’s full report on SNDL stock, click here.
More about SNDL
SNDL Inc. is a prominent vertically integrated cannabis company and the largest private-sector liquor and cannabis retailer in Canada. It operates various retail banners such as Ace Liquor, Wine and Beyond, Liquor Depot, and Value Buds. SNDL offers a wide range of consumer-facing cannabis brands including Top Leaf, Contraband, Palmetto, and others, with products available across licensed cannabis retail locations nationwide. The company also engages in strategic investments and partnerships throughout the North American cannabis industry.
YTD Price Performance: -33.16%
Average Trading Volume: 1,848,153
Technical Sentiment Signal: Strong Buy
Current Market Cap: $342.2M
Learn more about SNDL stock on TipRanks’ Stock Analysis page.