SNDL Announces Update on Arrangement Agreement with 1CM for Acquisition of Ontario Cannabis Stores
EDMONTON, Alberta, May 27, 2026 (GLOBE NEWSWIRE) -- SNDL Inc. (Nasdaq: SNDL, CSE: SNDL) (“SNDL”) announces that the transaction relating to the acquisition of the remaining 1CM Inc. (“1CM”) Ontario retail locations, as set out in the amended and restated arrangement agreement dated December 15, 2025 (the “A&R Arrangement Agreement”) is not expected to proceed following a prolonged regulatory review process that extended beyond commercially reasonable timelines contemplated by the parties.
EDMONTON, Alberta, May 27, 2026 (GLOBE NEWSWIRE) -- SNDL Inc. (Nasdaq: SNDL, CSE: SNDL) (“SNDL”) announces that the transaction relating to the acquisition of the remaining 1CM Inc. (“1CM”) Ontario retail locations, as set out in the amended and restated arrangement agreement dated December 15, 2025 (the “A&R Arrangement Agreement”) is not expected to proceed following a prolonged regulatory review process that extended beyond commercially reasonable timelines contemplated by the parties.
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