SNDL Announces Listing on the CSE

Rhea-AI Summary

SNDL Inc. (Nasdaq: SNDL) (CSE: SNDL) has announced the commencement of trading its common shares on the Canadian Securities Exchange (CSE) under the symbol 'SNDL', effective April 11, 2025.

The CSE listing aims to provide SNDL with enhanced operational flexibility and the ability to capitalize on emerging opportunities. Shareholders will now have the option to trade in a Canadian market using Canadian dollars. The CSE's regulatory framework specifically supports cannabis industry companies, particularly those with U.S. exposure, offering SNDL access to a broader investor base and capital markets ecosystem.

Positive

• Dual listing provides enhanced market access and trading flexibility
• Access to broader investor base and capital markets ecosystem
• Improved positioning for U.S. market opportunities through CSE's cannabis-friendly framework
• Additional trading option in Canadian dollars for shareholders

Negative

• None.

EDMONTON, AB, April 11, 2025 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) (CSE: SNDL) ("SNDL" or the "Company") announces that its common shares have commenced trading on the Canadian Securities Exchange (the "CSE") under the symbol "SNDL", effective April 11, 2025. The CSE listing will provide the Company with additional flexibility as it continues to scale its operations and capitalize on emerging opportunities, as well as provide the Company's shareholders with the opportunity to transact in a Canadian market, in Canadian dollars.

"Listing on the CSE enhances SNDL's structural flexibility and creates optionality for shareholders while reinforcing our commitment to the Canadian market," said Zach George, Chief Executive Officer of SNDL. "As regulated product markets continue to evolve, this listing positions us to pursue growth opportunities with greater agility and alignment to our long-term vision."

The CSE's regulatory framework supports companies operating in the cannabis industry, particularly those with U.S. exposure, and offers SNDL access to a broader investor base and capital markets ecosystem.

ABOUT SNDL INC. 

SNDL Inc. (Nasdaq: SNDL, CSE: SNDL), through its wholly owned subsidiaries, is one of the largest vertically integrated cannabis companies and the largest private-sector liquor and cannabis retailer in Canada, with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf and Superette. With products available in licensed cannabis retail locations nationally, SNDL's consumer-facing cannabis brands include Top Leaf, Contraband, Palmetto, Bon Jak, La Plogue, Versus, Value Buds, Grasslands, Vacay, Pearls by Grön, No Future and Bhang Chocolate. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the North American cannabis industry. For more information, please visit www.sndl.com.

Forward-Looking Information 

This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"), including, but not limited to, statements regarding the CSE listing providing the Company with additional flexibility and access to a broader investor base, the Company continuing to scale its operations and capitalize on emerging opportunities, and the Company's positioning to pursue growth opportunities with greater agility. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "likely", "outlook", "forecast", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Please see "Risk Factors" in SNDL's Annual Information Form dated March 17, 2025, and the risk factors included in our other public disclosure documents for a discussion of the material risk factors that could cause actual results to differ materially from the forward-looking information. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/sndl-announces-listing-on-the-cse-302426211.html

SOURCE SNDL Inc.

FAQ

When did SNDL start trading on the Canadian Securities Exchange (CSE)?

SNDL began trading on the CSE on April 11, 2025, under the symbol 'SNDL'.

What are the benefits of SNDL's CSE listing for shareholders?

Shareholders can now trade SNDL shares in Canadian dollars on a Canadian market, with access to broader investor base and capital markets.

Why did SNDL choose to list on the CSE?

The CSE listing provides SNDL with additional structural flexibility and supports cannabis companies with U.S. exposure.

Does SNDL maintain its Nasdaq listing after joining the CSE?

Yes, SNDL maintains its Nasdaq listing while adding the CSE listing under the same symbol 'SNDL'.