SNDL Announces Update on Arrangement Agreement with 1CM for Acquisition of Ontario Cannabis Stores

SNDL Announces Update on Arrangement Agreement with 1CM for Acquisition of Ontario Cannabis Stores

EDMONTON, Alberta, May 27, 2026 (GLOBE NEWSWIRE) -- SNDL Inc. (NASDAQ:SNDL, CSE:SNDL) ("SNDL") announces that the transaction relating to the acquisition of the remaining 1CM Inc. ("1CM") Ontario retail locations, as set out in the amended and restated arrangement agreement dated December 15, 2025 (the "A&R Arrangement Agreement") is not expected to proceed following a prolonged regulatory review process that extended beyond commercially reasona…

From $13M to $73M: 1CM keeps 27 Ontario cannabis stores after SNDL deal ends

End of 1CM’s $32.2M SNDL sale brings a $250K fee and scraps a planned capital return, while its Ontario stores keep generating $69.4M annualized revenue.