SNDL stock rises on deal to buy Nova Cannabis (NASDAQ:SNDL)

Wild Pixel

  • Canadian Cannabis Player SNDL (NASDAQ:SNDL) has agreed to acquire the remaining minority stake in its subsidiary Nova Cannabis (OTCQB: NVACF) for a total consideration of approximately $40 million, the companies announced Tuesday.
  • Under the terms, Calgary, Alberta-based SNDL (SNDL) will seek to:OTCQB:NVACF
BuycannabisDealNASDAQSNDLNovarisesSNDLstock