Sundial Growers Acquires Alcanna Inc.

SNDL Acquires Remaining Minority Interest in Nova Cannabis

October 21, 2024

Consumer Products

SNDL Inc. completed the previously announced plan of arrangement under which it acquired all of the remaining issued and outstanding shares of Nova Cannabis Inc. that it did not already own, representing about 34.8% of Nova. Under the deal, Nova shareholders received $1.75 per Nova share in cash, with an option to receive SNDL shares in lieu of cash for up to half of the aggregate consideration.

Canopy Growth Acquires The Supreme Cannabis Company

April 8, 2021

Consumer Products

Canopy Growth Corporation agreed to acquire all outstanding shares of The Supreme Cannabis Company in an all‑share arrangement valuing the transaction at approximately C$435 million on a fully diluted basis. The deal adds Supreme’s premium brands (including 7ACRES) and a scalable Kincardine cultivation facility to Canopy’s portfolio, strengthening Canopy’s Canadian market position and providing operational and brand synergies.

SNDL Inc. Acquires The Valens Company

January 17, 2023

Consumer Products

SNDL Inc. completed the previously disclosed acquisition of The Valens Company Inc. in an all‑stock transaction valued at approximately CAD 138 million (plus assumption of a CAD 60 million term loan), issuing ~27.6 million SNDL shares to former Valens shareholders. The deal brings Valens' extraction, processing, manufacturing and lab capabilities into SNDL's vertically integrated cannabis platform and is expected to deliver cost synergies and expand SNDL's branded product offering and low‑cost manufacturing capacity.

Sproutly Acquires Assets of CannaHive Inc.

August 16, 2021

Food & Beverage

Sproutly Canada, Inc. has acquired the primary assets of CannaHive Inc., giving Sproutly pharmaceutical-grade, fully automated equipment to produce cannabis edibles (gummies and chocolates) at scale. The asset acquisition gives Sproutly in-house manufacturing capability and improved economics to support a national launch of its whole-plant confectionary products in Canada.

SNDL Acquires Indiva’s Cannabis Edibles Business and Assets

November 4, 2024

Healthcare Services

SNDL Inc. has successfully closed the acquisition of Indiva Limited’s business and assets under Indiva’s CCAA proceedings. The deal includes Indiva’s 40,000-square-foot cannabis edibles production facility in London, Ontario, along with a portfolio of brands and SKUs intended to expand SNDL’s position in the infused edibles category.

Tilray Acquires Aphria to Create New Tilray (Business Combination)

May 3, 2021

Consumer Products

Tilray and Aphria completed their previously announced business combination, with Aphria shareholders receiving 0.8381 Tilray shares for each Aphria common share. The combined company will operate as Tilray, creating a global cannabis consumer packaged goods leader with expanded geographic footprint, product portfolio and targeted annual pre-tax cost synergies of approximately US$81 million.