SNDL Inc. to Acquire 32 Cannabis Retail Stores in Strategic Expansion

SNDL ( (SNDL) ) has issued an announcement.

On April 9, 2025, SNDL Inc. announced an arrangement agreement to acquire 32 cannabis retail stores under the Cost Cannabis and T Cannabis banners for $32.2 million. This strategic move is expected to enhance SNDL’s market presence in Ontario, Alberta, and Saskatchewan. The transaction, subject to shareholder and regulatory approvals, is anticipated to close by the end of the third quarter of 2025. The agreement includes customary provisions and termination fees, with a special meeting of 1CM’s shareholders expected in June 2025 to approve the deal.

Spark’s Take on SNDL Stock

According to Spark, TipRanks’ AI Analyst, SNDL is a Neutral.

SNDL’s stock score reflects strong revenue growth and a robust balance sheet, tempered by ongoing profitability and valuation challenges. Technical analysis indicates a bearish trend, but positive earnings call sentiment and strategic growth initiatives offer some optimism.

To see Spark’s full report on SNDL stock, click here.

More about SNDL

SNDL Inc. operates in the cannabis industry, focusing on the retail sector. The company is involved in acquiring and managing cannabis retail stores, primarily in the Canadian provinces of Ontario, Alberta, and Saskatchewan.

YTD Price Performance: -28.95%

Average Trading Volume: 1,817,467

Technical Sentiment Signal: Buy

Current Market Cap: $342.2M

For a thorough assessment of SNDL stock, go to TipRanks’ Stock Analysis page.