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SNDL Cannabis Co. Wraps Up Q1 With No Outstanding Debt As It Works On Expanding In US

By Jelena Martinovic
May 9, 2:00 PM
SNDL Inc. reported on Thursday its financial and operational results for the first quarter ended March 31, 2024.The company reported a total net revenue of CA$197.7 million, up from CA$191 million in the prior year's period. Out of that sum cannabis retail revenue amounted to CA$71.3 million, while cannabis operations totaled CA$22.4 million.SNDL attributed the increase to the cannabis retail and cannabis operations segments, as the liquor retail segment reported flat net revenue.

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Cannabis Retail Giant High Tide Will Distribute Weed Products In Manitoba As North American Footprint Grows

By Jelena Martinovic
February 14, 3:02 PM
High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) announced on Tuesday it has signed an agreement with the Manitoba Liquor and Lotteries Corporation (MBLL) through its wholly-owned subsidiary Valiant Distribution Canada. Under the deal, the Canadian cannabis retail agreed to distribute cannabis products to cannabis retailers in Manitoba.In the meantime, according to ATB Capital Markets, High Tide is among the top cannabis retailers in North America with a total of 163 cannabis stores, as per the company's recent post on X (Twitter).

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