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SNDL's acquisition includes Indiva's state-of-the-art facility in London, Ontario and a portfolio of leading owned and licensed brands including Pearls by Grön, No Future, Wana, and Bhang Chocolate.
The Transaction is expected to enhance SNDL's product offerings and further solidify SNDL's position in the Canadian cannabis market.
The Transaction is anticipated to close during SNDL's fourth quarter following the receipt of all such approvals.