SNDL, a private sector liquor and cannabis retailer, completed the acquisition of The Valens Company, a manufacturer of cannabis products with a mission to bring the benefits of cannabis to the world, for $138m. With 555.5k square feet of cultivation and manufacturing space and 185 cannabis stores under the Spiritleaf and Value Buds banners, the combined company will offer a complete portfolio of branded products to consumers in Canada through its own supply and distribution channels.