SNDL And Nova Cannabis Extend Outside Date For Closing Of The Strategic Partnership Amid Ongoing Provincial Regulatory Review
Portfolio Pulse from Benzinga Newsdesk
SNDL and Nova Cannabis have extended the closing date for their strategic partnership to October 30, 2023, due to ongoing provincial regulatory review. The transaction is subject to regulatory approval.
September 29, 2023 | 6:49 am
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SNDL's strategic partnership with Nova Cannabis is delayed due to ongoing regulatory review. The closing date is now set for October 30, 2023, pending regulatory approval.
The delay in the strategic partnership between SNDL and Nova Cannabis is due to ongoing regulatory review. This could potentially impact SNDL's plans and operations, but the overall impact on the stock price is uncertain until the regulatory approval is received. Hence, the score is neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100