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SNDL Wins Bid For Indiva, Secures Major Deal To Boost Cannabis Edibles Market Share In Canada

SNDL Inc. (NASDAQ: SNDL) announced on Thursday today that its stalking horse bid was chosen as the most successful bid for acquiring the Indiva Limited's (TSXV: NDVA) (OTCQX: NDVAF) business and assets. That's in the context of proceedings under Indiva's filing under the Companies' Creditors Arrangement Act and the sales and investment solicitation process. The transaction is subject to approval by the Ontario Superior Court of Justice overseeing the CCAA proceedings.

Exploring Latest Cannabis Products: THC Gummies, Drops, THCA Diamonds & More, A Conference Elevating Cannabis Brands

Hello, fellow cannabis enthusiasts! Get ready to be dazzled by a thrilling weekly lineup of the hottest cannabis product launches, brought to you by Benzinga.