Mergers & Acquisitions ·
SNDL Inc. completed the acquisition of certain assets of Surterra Holdings, Inc. (Parallel) through a strict…
SNDLSNDL Inc.
SNDL Inc. completed the acquisition of certain assets of Surterra Holdings, Inc. (Parallel) through a strict foreclosure agreement, extinguishing approximately US$842 million of debt obligations. Through its Sunstream Bancorp Inc. joint venture, the company expects to indirect majority economic exposure to US$150 million in annualized revenue assets, including 56 retail locations and 3 cultivation and manufacturing facilities across Florida, Texas, and Massachusetts. SNDL Inc. is a vertically integrated cannabis company operating in North America.