SNDL completes acquisition of The Valens Company

Mugglehead
By Natalia Buendia CalvilloJan 17, 2023, 8:57 pm229 pts
SNDL Inc. (Nasdaq: SNDL) has finished acquiring the cannabis concentrate company The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) for approximately $138 million in shares and assumption of Valens’ $60 million non-revolving term loan facility. On Tuesday, the company announced the completion of the…

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