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Saturday, February 06, 2021 1:38:42 AM
ONLY SNDL IS DEBT FREE. OTHER CANNABIS COMPANIES HAVE HUGE DEBT. https://www.fool.com/investing/2019/04/21/5-marijuana-stocks-with-the-most-debt-should-inves.aspx
Company Total Long-Term Debt
Constellation Brands (NYSE:STZ) $13.6 billion
Scotts Miracle-Gro (NYSE:SMG) $2 billion
Aurora Cannabis (NYSE:ACB) $599 million
Tilray (NASDAQ:TLRY) $420.4 million
Aphria (NASDAQ:APHA) $46.7 million”
"While many cannabis companies have significant debt burdens, Sundial is proud to announce that we are now debt-free," said Zach George, Sundial's CEO. ... Through a combination of asset sales, debt for equity swaps, capital raises, and cash repayments, we have eliminated $227 million in debt this year.“
https://www.prnewswire.com/news-releases/sundial-announces-completion-of-financial-restructuring-and-debt-free-status-301196607.html
“Following the closing of the offering, Sundial has unrestricted cash of approximately $610 million, in addition to marketable securities and loans receivable of approximately $61 million, and approximately 1.56 billion common shares outstanding.” https://ca.finance.yahoo.com/news/flower-one-announces-successful-closing-160900347.html
Recent SNDL News
- KCSA Cannabis Virtual Investor Conference Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 06/06/2024 12:35:00 PM
- KSCA Cannabis Virtual Investor Conference Agenda Announced for June 5th • GlobeNewswire Inc. • 05/31/2024 12:43:44 PM
- SNDL to Present at the KCSA Cannabis Virtual Investor Conference June 5th • GlobeNewswire Inc. • 05/31/2024 12:35:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/09/2024 03:15:53 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/09/2024 03:13:44 PM
- U.S. Index Futures Dip, Bank of England Holds Interest Rates at 5.25% • IH Market News • 05/09/2024 11:47:20 AM
- SNDL Reports First Quarter 2024 Financial and Operational Results • PR Newswire (US) • 05/09/2024 10:00:00 AM
- SNDL Reports First Quarter 2024 Financial and Operational Results • PR Newswire (Canada) • 05/09/2024 10:00:00 AM
- SNDL and Nova Cannabis Complete the Assignment of Dutch Love Stores to Nova Cannabis • PR Newswire (Canada) • 05/09/2024 09:30:00 AM
- SNDL and Nova Cannabis Complete the Assignment of Dutch Love Stores to Nova Cannabis • PR Newswire (US) • 05/09/2024 09:30:00 AM
- SunStream USA Poised to Acquire Cannabis Assets • PR Newswire (Canada) • 05/02/2024 11:00:00 AM
- SunStream USA Poised to Acquire Cannabis Assets • PR Newswire (US) • 05/02/2024 11:00:00 AM
- Cannabis Stocks On The Move Amid DEA Reclassification Indication • AllPennyStocks.com • 04/30/2024 08:59:00 PM
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024 • PR Newswire (Canada) • 04/26/2024 11:00:00 AM
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024 • PR Newswire (US) • 04/26/2024 11:00:00 AM
- SNDL to Participate in Upcoming International Cannabis Conferences • PR Newswire (US) • 04/09/2024 11:00:00 AM
- SNDL to Participate in Upcoming International Cannabis Conferences • PR Newswire (Canada) • 04/09/2024 11:00:00 AM
- SNDL and Nova Cannabis Announce Assignment of Dutch Love Stores to Nova Cannabis and Extension of Credit Facility • PR Newswire (Canada) • 04/01/2024 11:29:00 PM
- SNDL and Nova Cannabis Announce Assignment of Dutch Love Stores to Nova Cannabis and Extension of Credit Facility • PR Newswire (Canada) • 04/01/2024 11:29:00 PM
- SNDL and Nova Cannabis Announce Assignment of Dutch Love Stores to Nova Cannabis and Extension of Credit Facility • PR Newswire (US) • 04/01/2024 11:29:00 PM
- U.S. Index Futures Rise as Fed’s Dovish Outlook Spurs Positive Investor Sentiment; Oil Prices See Minor Declines • IH Market News • 03/21/2024 11:26:38 AM
- SNDL Reports Full Year and Fourth Quarter 2023 Financial and Operational Results • PR Newswire (Canada) • 03/21/2024 09:58:00 AM
- SNDL Reports Full Year and Fourth Quarter 2023 Financial and Operational Results • PR Newswire (US) • 03/21/2024 09:58:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/01/2024 04:48:56 PM
- SNDL to Announce Year End and Fourth Quarter 2023 Financial Results on March 21, 2024 • PR Newswire (Canada) • 03/01/2024 12:00:00 PM
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM