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Sundial Growers and Alcanna Inc. Announce the Agreement to Revised Consideration Under the Proposed Plan of Arrangement

Sundial Growers and Alcanna Inc. Announce the Agreement to Revised Consideration Under the Proposed Plan of Arrangement

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CALGARY, Alberta and EDMONTON, Alberta, Jan. 06, 2022 (GLOBE NEWSWIRE) — Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial”) and Alcanna Inc. (TSX: CLIQ) (“Alcanna”) announce that Sundial has agreed to improve the consideration to be provided to Alcanna shareholders (the “Alcanna Shareholders”) for their common shares of Alcanna (each, an “Alcanna Share”) pursuant to the previously announced plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) by including a cash component.

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