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SNDL Inc - SNDL STOCK NEWS

Welcome to our dedicated news page for SNDL (Ticker: SNDL), a resource for investors and traders seeking the latest updates and insights on SNDL.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SNDL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SNDL's position in the market.

Rhea-AI Summary
SNDL Inc. (Nasdaq: SNDL) will announce its first quarter 2024 financial results on May 9, 2024, for the period ended March 31, 2024. A conference call and webcast will follow the release at 10:30 a.m. EDT on May 9, 2024.
Rhea-AI Impact
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End-of-Day
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Rhea-AI Summary
SNDL Inc. (Nasdaq: SNDL) announces CEO and CFO participation in upcoming investor and cannabis conferences, including Benzinga Cannabis Capital Conference and ICBC Berlin B2B. Alberto Paredero to speak at Benzinga Cannabis Capital Conference on 'Emerging Trends in Cannabis Finance'. Zach George to attend ICBC Berlin B2B Conference for discussion on 'Emerging Legal Cannabis Markets'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.93%
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conferences
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Rhea-AI Summary
SNDL Inc. and Nova Cannabis Inc. announced an Assignment agreement where SNDL will transfer ownership of four Dutch Love stores to Nova. Nova will issue $8.179 million worth of shares to SNDL. The transaction is subject to various approvals and is expected to close by April 2024, increasing Nova's store count to 100 and SNDL's total cannabis store count to 190.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
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Rhea-AI Summary
SNDL Inc. reports record net revenue and gross profit in 2023, achieving positive cash flow in the second half of the year. The company's financial highlights include a 28% increase in net revenue to $909.0 million, a 36% increase in gross profit to $190.4 million, and positive free cash flow of $17.7 million in the second half of 2023. SNDL also made strategic acquisitions, optimized its operational footprint, and enhanced its leadership team, positioning itself for improved performance in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.88%
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Rhea-AI Summary
SNDL Inc. (Nasdaq: SNDL) to release year end and fourth quarter financial results on March 21, 2024. Webcast and conference call scheduled for the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
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Rhea-AI Summary
SNDL Inc. (Nasdaq: SNDL) and Nova Cannabis Inc. (TSX: NOVC) have mutually decided to terminate their strategic partnership Transaction, but remain committed to their ongoing partnership under a management and administrative services agreement. The termination also involves an extension of Nova's credit facility with SNDL and the postponement of the planned distribution of Nova common shares to SNDL shareholders.
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Rhea-AI Summary
SNDL Inc. (Nasdaq: SNDL) Announces Renewal of Share Repurchase Program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.89%
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buyback
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Rhea-AI Summary
SNDL Inc. (Nasdaq: SNDL) reported financial and operational results for Q3 2023, with net cash from operating activities of $27.5 million, a positive free cash flow of $16.5 million, and net revenue of $237.6 million. The company saw stable revenue in Liquor Retail, a 14.1% increase in Cannabis Retail revenue, and a 77.4% increase in Cannabis Operations revenue. Despite a 3.4% decrease in gross margin, the net loss improved by 77.9%. SNDL also provided updates on its Investments and its strategic and organizational initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.89%
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Rhea-AI Summary
SNDL Inc. and Nova Cannabis Inc. have announced a further extension of the closing date for their strategic partnership to November 30, 2023. The review by one provincial regulator has caused the delay. Additionally, SNDL and Nova have extended the maturity date of Nova's revolving credit facility with SNDL to November 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
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partnership
Rhea-AI Summary
SNDL Inc. will release its third quarter financial results for the period ended September 30, 2023, before market opens on Monday, November 13, 2023. A conference call and webcast will follow the release. SNDL is the largest private-sector liquor and cannabis retailer in Canada with various retail banners. SNDL is also a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
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SNDL Inc

Nasdaq:SNDL

SNDL Rankings

SNDL Stock Data

526.17M
261.61M
0.62%
9.19%
3.95%
Medicinal and Botanical Manufacturing
Manufacturing
Link
Canada
Calgary

About SNDL

sundial believes in health, happiness and personal well-being. our cannabis is carefully cultivated for modern consumers—people looking for a natural alternative that fits today's active lifestyles. we are a licensed cannabis producer based in alberta. we combine tried-and-true heartland farming with innovative horticultural techniques to grow a select range of cannabis strains. our focus is on consistency—a pure cannabis experience that our customers can trust and count on.