TSX:NOVC - Toronto Stock Exchange - CA66980W1041 - Common Stock - Currency: CAD
SNDL acquires Nova Cannabis, securing full ownership, optimizing retail operations, and strengthening its position in the Canadian market.
Nova Cannabis Inc.'s (TSX: NOVC) (OTC: NVACF) shareholders gave the green light to the proposed plan of arrangement involving Nova and SNDL Inc. (NASDAQ: SNDL), which will be completed in accordance with the arrangement agreement dated August 12 between the two companies. The acquisition sum is roughly CA$40 million ($29.1 million).SNDL's robust balance sheet would allow Nova's retail platform to continue to be supported in a competitive and challenging environment.
Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com
The Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com
Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com