SNDL (SNDL) has released an update.
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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.
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