Public Company Consumer

Sundial Growers

Airdrie, Alberta, Canada

Canadian vertically integrated cannabis company and multi-banner retailer operating cultivation, manufacturing, and consumer retail under multiple banners including Spiritleaf and other brands.

Focus Areas
Cannabis cultivation, Cannabis manufacturing, Cannabis retail / dispensaries

Tracked deals

3

3 tracked deals across 2021-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

3 buyout

Sundial Growers Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Sundial Growers. 1 2021 1 2023 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • SNDL Completes Parallel (Surterra) Asset Acquisition via Secured Creditor Foreclosure
    July 27, 2026
    Buyer
    SNDL Inc., Sunstream Bancorp Inc., CDXX TransCo, LLC
    Target
    Surterra Holdings, Inc., Surterra Holdings, Inc.'s affiliates (collectively “Parallel”), SH Parent, Inc., CDXX TransCo, LLC (TransactionCo and subsidiaries acquiring Parallel assets)
    Seller
    SH Parent, Inc., Surterra Holdings, Inc., their subsidiaries (collectively, “Parallel”), as parties in the foreclosure agreement, CDXX TransCo, LLC and participating Parallel creditors (creditor-side parties participating in the foreclosure/contribution-exchange process)
    Industry
    Consumer Products
    Location
    United States
    Type
    Buyout

    SNDL Inc. completed its acquisition of certain U.S. cannabis assets from Surterra Holdings and affiliates (collectively “Parallel”) through a strict foreclosure. The transaction gives SNDL assets in Florida, Texas, and Massachusetts (56 retail locations and three cultivation/manufacturing facilities), with indirect majority economic exposure via its Sunstream Bancorp joint venture.

  • SNDL Inc. Acquires The Valens Company
    January 17, 2023
    Buyer
    SNDL Inc.
    Target
    The Valens Company Inc.
    Seller
    Valens Shareholders
    Industry
    Consumer Products
    Location
    British Columbia, Canada
    Type
    Buyout

    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.

  • Sundial Growers Acquires Alcanna Inc.
    October 7, 2021
    Buyer
    Sundial Growers Inc.
    Target
    Alcanna Inc.
    Seller
    Alcanna shareholders
    Industry
    Retail
    Location
    Alberta, Canada
    Type
    Buyout

    Sundial Growers Inc. agreed to acquire all outstanding shares of Alcanna Inc. in an all-stock plan of arrangement valued at approximately C$346 million, giving Alcanna shareholders Sundial common shares. The deal expands Sundial's retail footprint into liquor (Alcanna operates 171 store locations) and increases its exposure to cannabis retail through Alcanna's interest in Nova Cannabis, with expected synergies and improved cash generation.

Related Acquisition Pages

Consumer Products Buyers & Acquisitions 2 tracked deals by Sundial Growers. Retail Buyers & Acquisitions 1 tracked deal by Sundial Growers.

Related articles

Selling a company? Get in front of buyers like Sundial Growers

Turn tracked acquisition activity into an outreach-ready buyer list.

Find buyers like these →