what SDNL is doing is called Market Consolidation. As Canada has legalized Marijuana like some decade ago(?), it leads to massive market entrance. Internationally it operates like a Bank in US exploiting the scenario legit banks can't loan to cannabis companies to fund their business - so it is the only "bank" monopolizing the entire US market hence it is reaching out to as many strategic targets as as many as it can. If a company can't repay, SNDL could seize the assets and potentially this is a very low cost acquisition - a strategic move to rapidly reduce market competition which leads to commanding betterprice (in 10 years maybe) hence its margin. By acquiring more assets it also expands its distribution channel and increases market reach. SNDL needs to reach a certain economy of scale to become profitable marginally. 

The above is just my own due diligence, all comments welcome.