Tag : Sundial

CCT Impact

Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises

CCT IMPACT Agent
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that holders (the “Holders”) of 98,333,334 warrants (the “Warrants”) to purchase common shares (the “Common Shares”) of the Company will exercise for cash their Warrants at prices of US$0.80 and US$1.10 for gross proceeds to Sundial of US$89.1 million. In exchange, the Company will issue......
CCT Impact

Sundial and Indiva Announce $22 Million Strategic Investment

CCT IMPACT Agent
Sundial Growers Inc. (“Sundial“) (NASDAQ: SNDL), a Canadian licensed producer of recreational cannabis and Indiva Limited (“Indiva“) (TSXV: NDVA) (OTCQX: NDVAF), a leading Canadian producer of cannabis edibles, are pleased to announce a $22,000,000 strategic investment (the “Investment”) into Indiva by Sundial. The Investment will be completed in the form of a brokered private placement (the “Placement“) led......
CCT Impact

Sundial Announces Strategic Investment

CCT IMPACT Agent
Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it has closed the acquisition of a special purpose vehicle (the “Investment”).  Consideration for the Investment, totaling $58.9 million in cash, was funded from Sundial’s available cash reserves which totaled $110 million immediately prior to the closing of the Investment. All amounts are......
CCT Impact

Sundial Receives Approval for Nasdaq Listing Transfer to Allow for Additional 180-Day Compliance Period

CCT IMPACT Agent
Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) today announced that it has received approval to transfer the listing of its common shares to the Nasdaq Capital Market. The Company had sought the transfer to take advantage of the additional 180 calendar day compliance period offered on the Nasdaq Capital......
CCT Impact

Sundial Expands into the Edible Market with Choklat Collaboration

CCT IMPACT Agent
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”), is pleased to announce that it has entered into a sales and distribution agreement (the “Agreement”) with local company Choklat Inc. (“Choklat”), a Health Canada licensed chocolatier company focused on offering decadent confections with high-quality flavour. The new collaboration between the two Alberta-based......
CCT Impact

Sundial and Crescita Sign Exclusive Partnership to Develop Cannabis and Hemp Topicals

CCT IMPACT Agent
Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial”), a Canadian licensed producer of cannabis and Crescita Therapeutics Inc. (TSX: CTX and OTC US: CRRTF) (“Crescita”), a Canadian commercial dermatology company, today announced a development and licensing agreement (the “Agreement”) granting Sundial the worldwide rights to Crescita’s proprietary transdermal delivery technologies for the development......