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-0.00442477876106205 -0.00442477876106205 -0.00882743362831864 -0.00442477876106205 0.0376106194690265 0.0287610619469026 0.038716814159292 0.0464601769911504
Stock impact report

Sundial Growers says class-action lawsuits alleging it failed to disclose return of product are 'baseless' [MarketWatch]

Sundial Growers Inc. (SNDL)  More Company Research Source: MarketWatch
PDF Sundial Growers says class-action lawsuits alleging it failed to disclose return of product are 'baseless' Sundial Growers Inc. SNDL, +2.95% said Wednesday that class-action lawsuits alleging it failed to disclose that a large amount of cannabis had been returned by a client because of contamination are without merit and said it would vigorously defend itself against them. The Canadian cannabis company said the suits stem from a "single online article, which erroneously described a since-resolved commercial dispute." The article, which was cited in the suits, was a report by MarketWatch in August that said Zenabis Global Inc. ZENA, +7.69% returned a half-ton of Sundial cannabis because it contained visible mold, parts of rubber gloves and other non-cannabis material, citing people familiar with the matter. "All of our customer agreements include provisions to replace or return product under certain conditions," Sundial said in a statement. "The amount of product returned was a fr [Read more]
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