SNDL Inc. Amends Agreement to Acquire 32 Cannabis Stores from 1CM

Reuters12-16

<a href="https://laohu8.com/S/SNDL">SNDL Inc.</a> Amends Agreement to Acquire 32 Cannabis Stores from 1CM

SNDL Inc. and 1CM Inc. have entered into an amended and restated agreement regarding SNDL's planned acquisition of 32 cannabis retail stores operating under the Cost Cannabis and T Cannabis banners in Ontario, Alberta, and Saskatchewan for a total of $32.2 million in cash, subject to adjustments. The updated agreement splits the transaction into two stages to align with provincial regulatory approvals. The first stage will see SNDL acquire five stores in Alberta and Saskatchewan for $5 million, with closing expected in January 2026, while the second stage covers the remaining 27 Ontario stores for $27.2 million. The completion deadline for the transaction has been extended to May 31, 2026. SNDL has already paid a $2 million non-refundable deposit toward the first stage.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SNDL Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9602608) on December 15, 2025, and is solely responsible for the information contained therein.

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