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During the last month, the cannabis sector has been trending higher and we are closely following trading activity. Although the recent rally has not benefited every cannabis stock, we are encouraged by the performance of the sector so far this year. Today, we have highlighted 5 North American cannabis companies…

Consolidation continues to be an important theme in the cannabis industry and we want to discuss the topic after SNDL Inc. (Nasdaq: SNDL) completed the previously announced acquisition of The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS). The cost of the acquisition was approximately $138 million (as calculated by using…

CALGARY, AB, Jan. 17, 2023 /CNW/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" the "Company") is pleased to announce the completion of the previously disclosed acquisition of all of the issued and outstanding common shares ("Valens Shares") of The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) ("Valens"), other than those held by SNDL and its…

KELOWNA, BC, Nov. 29, 2022 /PRNewswire/ - The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS) (the "Company" or "Valens") is pleased to announce that its shareholders have voted in favour of the resolution (the "Resolution") approving the plan of arrangement pursuant to which SNDL Inc. ("SNDL") will acquire all of the issued and outstanding common shares of Valens on the basis of 0.3334 of…

CALGARY, AB, Nov. 1, 2022 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today that, in the context of proceedings pursuant to the Zenabis Group's (as defined below) filing under the Companies' Creditors Arrangement Act (Canada) (the "CCAA"), it has successfully closed its acquisition of the Zenabis Business (as defined below), pursuant to…

CALGARY, AB and KELOWNA, BC , Aug. 22, 2022 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) ("Valens") are pleased to announce today that they have entered into an arrangement agreement (the "Agreement") to combine their businesses and create a leading vertically integrated cannabis platform. Pursuant to the terms…

Sundial Growers Inc. (NASDAQ: SNDL) ended last week on a high note and surged higher after releasing third quarter financial results and announcing plans to repurchase up to C$100 million of outstanding common shares.  C$100 million is a significant share repurchase agreement for any cannabis company and we believe the…

Sundial Growers Inc. (Nasdaq: SNDL) made a splash and entered the cannabis retail market through the acquisition of Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF). In regards to the Canadian cannabis retail market, we consider Inner Spirit to be an attractive opportunity. Over the last few years, the Spiritleaf…

Sundial Growers Inc. (Nasdaq: SNDL) has launched high-quality cannabis derivative products under the Top Leaf brand in response to rising consumer demands for solventless cannabis extracts. This most recent launch is consistent with Sundial's focus on premium inhalables, following branded retail offerings of flower, pre-roll and vape cartridges. "We made…