Sundial to buy weed retailer Inner Spirit for $131M

Mugglehead
By Jared GnamMay 5, 2021, 7:48 pm188 pts
After piling up losses last year, Sundial Growers Inc. (Nasdaq: SNDL) is buying Canadian cannabis retailer Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF) for $131 million in cash and stock. On Wednesday, the Calgary-based companies said the transaction will include all 86 Spiritleaf pot shops that Inner…

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