Tag: CBT > SNDL Cannabis Company

International

Aurora Cannabis Enters $27 Million Supply Agreement With SNDL

The agreement for SNDL to supply Aurora with premium cannabis flower complements the companies’ existing relationship.

February 7, 2025

Industry Headlines

SNDL Renews Share Repurchase Program for C$100 million

The Canada-based cannabis company can repurchase its outstanding common shares from time to time at prevailing market prices.

November 15, 2024

Finance

SNDL Completes Privatization of Nova, Welcomes New Director

The Canadian cannabis company’s acquisition of Nova’s remaining minority interest will generate material savings by eliminating public company expenses.

October 21, 2024

Mergers and Acquisitions

SNDL Selected as the Successful Bidder to Acquire Indiva

The transaction is expected to enhance SNDL's product offerings and further solidify the company’s position in the Canadian cannabis market.

August 29, 2024

Finance

SNDL Initiates Overhead Restructuring, Operational Adjustments Impacting 106 Employees

The project is expected to deliver more than $20 million in annualized cost savings driven primarily by the optimization of corporate overhead spending.

July 16, 2024

Finance

SNDL Reports 1st Quarter 2024 Financial, Operational Results

The company had CA$198 million in net revenue for the three-month period as well as a record profit margin.

May 9, 2024

Cannabis Business Profit Trends

SNDL Streamlines Cannabis Operations to Enhance Competitiveness, Profitability

The Canadian licensed producer is consolidating its cultivation activities with a goal of becoming profitable by 2024.

October 20, 2023

Cannabis Price Compression

SNDL Initiates Mass Layoff in Cost-Saving Measure in Alberta

The company’s headcount reduction includes roughly 85 employees as it expects to report record net revenue and net cash for Q4 2022.

February 15, 2023