Reported Late Friday, SNDL Acquires $28M Delta 9 Cannabis Debt, Becomes Senior Secured Creditor With Priority Interest In Assets
Portfolio Pulse from Benzinga Newsdesk
SNDL has acquired $28 million in debt from Delta 9 Cannabis, becoming a senior secured creditor with priority interest in Delta 9's assets.
July 08, 2024 | 5:36 am
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SNDL has acquired $28 million in debt from Delta 9 Cannabis, positioning itself as a senior secured creditor with priority interest in Delta 9's assets.
The acquisition of Delta 9 Cannabis debt by SNDL strengthens its financial position and gives it priority interest in Delta 9's assets, which could be beneficial for SNDL's future growth and stability.
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