Cannabis Giant SNDL Is Taking Care Of Other Companies' Debts, Expects To Acquire Shares Of Canadian Cannabis Edibles Producer
SNDL Inc. (NASDAQ: SNDL) said on Friday that it has entered into a purchase agreement with cannabis edibles producer Indiva Limited (OTC: NDVAF) and its subsidiaries.Under the deal SNDL offered to purchase all of the issued and outstanding shares of Indiva and the business and assets of the Indiva Group.Simultaneously, SNDL reported on Friday that it has wrapped up the acquisition of the principal indebtedness of Delta 9 Cannabis Inc. (OTC: DLTNF) from Connect First and Servus Credit Union Ltd.