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SNDL Becomes Delta 9 Cannabis’s Key Creditor

SNDL Becomes Delta 9 Cannabis’s Key Creditor

Delta 9 Cannabis (TSE:DN) has released an update.

Confident Investing Starts Here:

Delta 9 Cannabis Inc. has announced that SNDL Inc. is now their senior secured creditor after acquiring the company’s debt from Connect First and Servus Credit Union Ltd. for approximately $28.1 million. This makes SNDL the holder of Delta 9’s assets with a first priority security interest. The two companies are set to discuss the status of this debt in the near future.

For further insights into TSE:DN stock, check out TipRanks’ Stock Analysis page.

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