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Sundial Growers Inc

Sundial Growers Inc

Sundial Reports First Quarter 2021 Financial and Operational Results

Sundial Reports First Quarter 2021 Financial and Operational Results

First positive quarterly earnings from operations in the Company's history CALGARY, AB, May 11, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") reported its financial and operational results for the first quarter ended March 31, 2021. All financial information in this press release is reported in millions of Canadian dollars and re... Read More...
Sundial Growers to Acquire Inner Spirit Holdings and Spiritleaf Retail Cannabis Network

Sundial Growers to Acquire Inner Spirit Holdings and Spiritleaf Retail Cannabis Network

CALGARY, AB, May 5, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") and Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF) ("Inner Spirit") are pleased to announce that they have entered into an arrangement agreement (the "Agreement") pursuant to which Sundial will acquire all of the issued and outstanding common shares of Inner ... Read More...
Sundial Files Early Warning Report Issued Pursuant to National Instrument 62-103

Sundial Files Early Warning Report Issued Pursuant to National Instrument 62-103

CALGARY, AB, May 4, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") announced that it has acquired (the "Acquisition") more than 10% of the issued outstanding common shares ("Common Shares") of The Valens Company Inc. ("Valens") (TSX: VLNS) (OTCQX: VLNCF). On May 3, 2021, Sundial acquired 538,400 Common Shares at a price of $3.663 ... Read More...
Sundial Growers to Announce First Quarter 2021 Financial Results on May 11, 2021

Sundial Growers to Announce First Quarter 2021 Financial Results on May 11, 2021

CALGARY, AB, May 3, 2021 - Sundial Growers (Nasdaq: SNDL) ("Sundial") announced today that it will release its first quarter financial results ended March 31, 2021 after market close on May 11, 2021. Following the release of its first quarter financial results, Sundial will host a conference call and webcast at 10:30 a.m. EST (8:30 a.m. ... Read More...
Sundial Reports Full Year and Fourth Quarter 2020 Financial and Operational Results

Sundial Reports Full Year and Fourth Quarter 2020 Financial and Operational Results

CALGARY, AB, March 17, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") reported its financial and operational results for the full year and fourth quarter ended December 31, 2020. All financial information in this press release is reported in millions of Canadian dollars and represents results from continuing operations, unless oth... Read More...
Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises

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

CALGARY, AB, Feb. 19, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") 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 mil... Read More...
Sundial Growers Announces Closing of its US$74.5 Million Registered Offering

Sundial Growers Announces Closing of its US$74.5 Million Registered Offering

CALGARY, AB, Feb. 4, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") announced today that it has closed a best efforts underwritten registered offering of 60,500,000 Series A Units, each consisting of one common share and one-half Series A Warrant, with each whole Series A Warrant entitling the holder to purchase one common share, ... Read More...
Sundial Growers Announces Closing of its US$100 Million Registered Offering

Sundial Growers Announces Closing of its US$100 Million Registered Offering

CALGARY, AB, Feb. 2, 2021 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") announced today that it has closed a best efforts underwritten registered offering of 100,000,000 Series A Units, each consisting of one common share and one-half Series A Warrant, with each whole Series A Warrant entitling the holder to purchase one common share,... Read More...
Sundial Growers Announces US$74.5 Million Registered Offering and Full Utilization of Shelf Registration Statement

Sundial Growers Announces US$74.5 Million Registered Offering and Full Utilization of Shelf Registration Statement

CALGARY, AB, Feb. 2, 2021 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") announced today that it has priced a best efforts underwritten registered offering of 60,500,000 Series A Units, each consisting of one common share and one-half Series A Warrant, with each whole Series A Warrant entitling the holder to purchase one common share, ... Read More...
Sundial Announces the Launch of Premium Concentrates Products Under its Top Leaf Brand

Sundial Announces the Launch of Premium Concentrates Products Under its Top Leaf Brand

CALGARY, AB, Jan. 11, 2021 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") has launched high-quality cannabis derivative products under the Top Leaf brand in response to rising consumer demands for solventless cannabis extracts. This most recent launch is consistent with Sundial's focus on premium inhalables, following branded retail of... Read More...
Sundial Announces Strategic Investment

Sundial Announces Strategic Investment

CALGARY, AB, Dec. 30, 2020 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") 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 t... Read More...
Sundial Announces Concentrates Licence Agreement with Simply Solventless

Sundial Announces Concentrates Licence Agreement with Simply Solventless

CALGARY, AB, Dec. 28, 2020 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial"), announced today that it has entered into a licence agreement (the "Agreement") with Simply Solventless Concentrates Ltd. ("SSC") (jointly "the Parties") for the processing and manufacturing of a suite of solventless cannabis concentrates products by Sundial in i... Read More...
Sundial Announces Completion of Financial Restructuring and Debt-Free Status

Sundial Announces Completion of Financial Restructuring and Debt-Free Status

CALGARY, AB, Dec. 21, 2020 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") announced today that the Company is debt-free, following the prepayment of the remaining outstanding principal under its senior secured non-revolving term credit facility (the "Facility") of $21.9 million. As of today, no debt remains outstanding. All amounts are... Read More...
Sundial Announces $50 million Prepayment on Senior Secured Non-Revolving Term Credit Facility

Sundial Announces $50 million Prepayment on Senior Secured Non-Revolving Term Credit Facility

CALGARY, AB, Dec. 15, 2020 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") today announced that the Company has prepaid $50 million of the outstanding principal under its senior secured non-revolving term credit facility (the "Facility") to further improve its balance sheet. All amounts are denominated in Canadian dollars unless otherwi... Read More...
Sundial Receives Approval for Nasdaq Listing Transfer to Allow for Additional 180-Day Compliance Period

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

CALGARY, AB, Dec. 11, 2020 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") 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 Marke... Read More...
Sundial Announces Elimination of Senior Secured Second Lien Convertible Notes

Sundial Announces Elimination of Senior Secured Second Lien Convertible Notes

CALGARY, AB, Nov. 30, 2020 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial") provides an update on the elimination of its senior secured second lien convertible notes and further improvements to its balance sheet. All amounts are denominated in Canadian dollars unless otherwise noted. The holder of Sundial senior secured second lien conv... Read More...
Sundial to Participate in 2020 Cowen Boston Cannabis Conference

Sundial to Participate in 2020 Cowen Boston Cannabis Conference

CALGARY, AB, Nov. 23, 2020 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") today announced that it will participate in Cowen's 2020 Boston Cannabis Conference, to be held virtually between November 30 and December 2, 2020. Zach George, CEO of Sundial, will be participating in a panel discussion at 10:10 a.m. EST on December 2, 2020.  ... Read More...
Sundial Growers to Announce Third Quarter 2020 Financial Results on November 11, 2020

Sundial Growers to Announce Third Quarter 2020 Financial Results on November 11, 2020

CALGARY, AB, Oct. 29, 2020 - Sundial Growers (Nasdaq: SNDL) ("Sundial") announced today that it will release its financial results for the third quarter ended September 30, 2020 after market close on November 11, 2020.Sundial Growers Logo (CNW Group/Sundial Growers Inc.)Following the release of its third quarter financial results, Sundial... Read More...
Sundial Expands Brand Portfolio Presence with Palmetto Available Coast-to-Coast

Sundial Expands Brand Portfolio Presence with Palmetto Available Coast-to-Coast

"Palmetto is positioned for consumers who want to celebrate the fun and uniqueness of their cannabis products," said Sundial's Chief Experience Officer Ryan Hellard. "As we continue to expand and invest in the Palmetto brand, our consumers and customers continue to engage.  This has led to accelerated growth in 2020 since launching on a l... Read More...
Sundial Growers to Announce Second Quarter 2020 Financial Results on August 13, 2020

Sundial Growers to Announce Second Quarter 2020 Financial Results on August 13, 2020

CALGARY, AB, July 30, 2020 - Sundial Growers (Nasdaq: SNDL) ("Sundial") announced today that it will release its second quarter financial results ended June 30, 2020 after market close on August 13, 2020. Following the release of its second quarter financial results, Sundial will host a conference call and webcast at 10:30 a.m. EDT (8:30... Read More...
Sundial Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance and Close of Bridge Farm Sale

Sundial Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance and Close of Bridge Farm Sale

Amends $79.3 million syndicated credit agreement Converts $73.2 million of term debt and interest into convertible notes Issues US$18.0 million in subordinated convertible notes Closes sale of Bridge Farm Group Cancels all previously issued shares and potential obligations under the original Bridge Farm acquisition agreement CALGARY... Read More...
Sundial Announces Results of its Annual General and Special Meeting of Shareholders and Details of the Share Consolidation

Sundial Announces Results of its Annual General and Special Meeting of Shareholders and Details of the Share Consolidation

CALGARY, May 21, 2020 - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") is pleased to announce all of the resolutions put to holders of common shares of the Company (the "Shareholders") at the annual general and special meeting held virtually today (the "Meeting") were passed. At the Meeting, Shareholders approved: (i) fixing the number o... Read More...