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$SNDL Sundial Growers Inc. (NASDAQ: SNDL) recently announced the completion of the previously disclosed arrangement whereby Sundial has acquired all of the issued and outstanding common shares of Inner Spirit Holdings Ltd. (ISH-INSHF) for consideration per Inner Spirit Share consisting of (i) $0.30 in cash and (ii) 0.0835 of a common share of Sundial.

TRANSACTION HIGHLIGHTS WERE: Establishes Sundial as one of Canada's largest vertically integrated cannabis companies: Sundial is a diversified cannabis company with a strong brand portfolio and extensive consumer packaged goods experience. Acquiring Spiritleaf broadens Sundial's business with a strategic entry into cannabis retail and enables greater access to and understanding of retail markets, product marketing insights and consumer purchasing trends; Establishes Sundial as Canada's largest single-branded network of retail operations: The addition of well-established Spiritleaf franchised and corporate-owned stores, representing the country's largest single-brand recreational cannabis retailer with 100-plus stores across six provinces, provides Sundial with an integration and expansion platform in current operating markets in Canada; and Strengthens Sundial's retail expertise with cannabis advocates: Spiritleaf has earned its reputation as an industry leader for its franchise sales and support system, in-store design and experience, employee education and training, marketing creativity and customer benefits program. https://www.prnewswire.com/news-releases/rising-awareness-of-health-benefits-of-minor-cannabinoids-such-as-cbg-cbda-cbc-cbn-driving-us-market-301362694.html