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Bullboard - Stock Discussion Forum SNDL Inc SNDL

SNDL Inc. is a Canada-based private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis. The Company is a licensed cannabis producer and a vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, premium indoor cultivation, product innovation... see more

NDAQ:SNDL - Post Discussion

SNDL Inc > Why is Sundial Raising money?!?
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Post by REDGREEN6 on Feb 19, 2021 9:39am

Why is Sundial Raising money?!?

Sundial clearly had interest in ZENA and was trying a hostile takeover early January...
Is Sundial going to let Hexo buy Zena for so cheap or perhaps Sundial is going to provide ZENA with a better offer since they are clearly interested in the company...thoughts?
Comment by quinlash on Feb 20, 2021 12:16pm
Sundial is playing dirty pool IMHO on this whole ZENA thing, they can't afford to take ZENA out for what it's worth and now they are taking ZENA to court to try and crush the company down to a level where they can swallow them up. Karma is a bytch and I can see these moves coming back to haunt the company longterm. Like it or not, that's my thoughts. All the best Q
Comment by Handlebar123 on Feb 20, 2021 5:01pm
ZENA is taking Sundial to court not other way around.  https://www.stockwatch.com/News/Item?bid=Z-C:ZENA-3034877&symbol=ZENA&region=C
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