Announced

SNDL to acquire 32 cannabis retail stores from 1CM for CAD32.2m.

Synopsis

SNDL, a cannabis company, agreed to acquire 32 cannabis retail stores from 1CM, a retailer of cannabis and liquor, for CAD32.2m. "We are excited to expand SNDL's retail network and reinforce our leadership in Canada. The addition of these locations will increase SNDL's exposure to a broad consumer base in key Canadian markets and aligns with our stated capital priorities as we build a sustainable cannabis retail portfolio at scale," Zach George, SNDL CEO.

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MergerLinks - SNDL to acquire 32 cannabis retail stores from 1CM for CAD32.2m.