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SNDL & 1CM Complete Purchase and Sale of 5 Retail Stores in Alberta and Saskatchewan

StockNews.AI • 2 days

1CMWEEDCGC
High Materiality8/10

Information

EDMONTON, Alberta and TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- SNDL Inc. (Nasdaq: SNDL, CSE: SNDL)...

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Corporate Developments

The acquisition is a strategic move that could notably benefit SNDL’s growth trajectory, making it highly relevant.

FAQ

Why Bullish?

The acquisition expands SNDL's retail footprint, enhancing revenue potential and market share. Similar acquisitions in the past have positively influenced stock performance in the cannabis sector.

How important is it?

The acquisition is a strategic move that could notably benefit SNDL’s growth trajectory, making it highly relevant.

Why Long Term?

The impact of increased retail locations will reflect in revenue over the coming quarters, aligning with growth strategies. Future store performance will depend on ongoing market conditions and regulatory environments.

Related Companies

1CMWEEDCGC

SNDL Completes Acquisition of 5 Cannabis Retail Stores from 1CM

EDMONTON, Alberta and TORONTO, Jan. 07, 2026 — SNDL Inc. (Nasdaq: SNDL, CSE: SNDL) has successfully finalized its acquisition of five cannabis retail stores in Alberta and Saskatchewan from 1CM Inc. (CSE: EPIC, OTCQB: MILFF, FSE: IQ70). This acquisition marks the first closing under the amended and restated arrangement agreement dated December 15, 2025. A second closing, involving 27 additional cannabis retail stores in Ontario, is anticipated in the first half of 2026, contingent upon obtaining necessary regulatory approvals.

Details of the Acquisition

The recent acquisition enhances SNDL's presence in the Canadian cannabis retail market. By expanding its retail footprint, the company aims to leverage opportunities in the burgeoning cannabis sector across different provinces.

  • First Closing: Completed five store acquisition.
  • Future Plans: Anticipated closing of 27 additional stores in Ontario.
  • Timeline: Expected in the first half of 2026, pending regulatory approvals.

About SNDL Inc.

SNDL Inc. stands as one of Canada’s largest vertically integrated cannabis firms and the foremost private-sector liquor and cannabis retailer. Through its subsidiaries, SNDL operates multiple retail brands including:

  • Ace Liquor
  • Wine and Beyond
  • Liquor Depot
  • Value Buds
  • Spiritleaf

The company’s cannabis brands are prominently featured in licensed retail locations nationwide. These include Top Leaf, Contraband, Palmetto, and more. SNDL’s strategy also focuses on deploying capital through direct investments in the North American cannabis industry.

Insights into 1CM Inc.

1CM Inc. is recognized for its successful cannabis and liquor retail locations across Canada, consistently demonstrating positive cash flow. The company maintains a robust growth strategy focused on organic expansion and merging efforts with other businesses in the sector.

Contact Information

For further inquiries regarding SNDL, please contact:

For inquiries related to 1CM, contact:

Forward-Looking Statements

This news release includes forward-looking statements regarding the anticipated closing and timing of the Ontario stores acquisition. These statements are predictions that may include expectations on future events or financial performance.

Various assumptions are integral to these projections, including the timely attainment of requisite regulatory approvals. Stakeholders should refer to SNDL's Annual Information Form for a thorough discussion of risks that may affect outcomes.

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