SNDL (SNDL) has released an update.
SNDL Inc., a major player in Canada’s private-sector liquor and cannabis market, is undergoing a restructuring initiative to slash annual costs by over $20 million through optimization and layoffs, while consolidating its cannabis operations to boost efficiency and profitability. The company aims for most savings by mid-2025, with initial benefits appearing by the third quarter of 2024.
For further insights into SNDL stock, check out TipRanks’ Stock Analysis page.
