SNDL completes acquisition of 5 cannabis retail stores from 1CM

SNDL Inc. (NASDAQ: SNDL, CSE: SNDL) completed the acquisition of five cannabis retail stores located in Alberta and Saskatchewan from 1CM Inc. (CSE: EPIC), according to a company statement.

The transaction represents the first closing under an amended 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, subject to regulatory approvals.

SNDL operates as a vertically integrated cannabis company and private-sector liquor and cannabis retailer in Canada. The company's retail banners include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds and Spiritleaf.

1CM Inc. operates as a cannabis and liquor retailer in Canada with a focus on developing cash-flow positive locations through organic growth and merger and acquisition transactions.

The companies did not disclose financial terms of the transaction. The completion of the second closing remains contingent on obtaining required regulatory approvals from relevant authorities.

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