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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100