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Sundial Growers Has Another Acquisition Target in Its Crosshairs

David Jagielski, The Motley Fool
·4-min read

Sundial Growers (NASDAQ: SNDL) is still in deal-making mode. One company that it has a history with, Zenabis, recently filed for protection from creditors, and the ever-opportunistic management team at Sundial is looking at scooping up the assets of its struggling cannabis peer. On June 20, Sundial issued a press release stating that it had entered into a bid agreement to potentially acquire the assets of Zenabis including its shares.

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