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Stock impact report

SunStream USA Poised to Acquire Cannabis Assets [Yahoo! Finance]

SNDL Inc. - Common Shares (SNDL) 
Company Research Source: Yahoo! Finance
Bancorp "), today announced the SunStream USA group of companies (collectively, " SunStream USA Group ") intends to proceed with the acquisition of equity positions in U.S. cannabis assets. This follows the completion of a review by SNDL's listing authority, Nasdaq. SNDL has been in regular and active dialogue with Nasdaq, in respect of structuring and governance related to the SunStream USA Group. Based on SNDL's opinion of counsel and Nasdaq's review, SNDL is satisfied that the SunStream USA Group structure conforms to applicable laws and is not aware of any reason that would cause SNDL to not be compliant with Nasdaq listing rules (" Regulatory Compliance "). All financial information in this press release is reported in U.S. dollars unless otherwise indicated. SunStream USA I, LLC (" SSU I ") and SunStream USA II, LLC (" SSU II ", and with SSU I, " SunStream USA ") are among the entities today that comprise the SunStream USA Group. Each entity includes one or more third-party in Show less Read more
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