SNDL Inc (OQ:SNDL)
Business Focus: Pharmaceuticals
| Sector: Healthcare | Industry: Pharmaceuticals |
| Company Contact | |
| Address: | 919 11 AVENUE SW, SUITE 300 Calgary AB T2R1P3 |
| Tel: | N/A |
| Website: | https://www.sndl.com |
| IR: | See website |
| Key People | ||
| Zachary George Chief Executive Officer, Director | Alberto Paredero-Quiros Chief Financial Officer | Marcie Kiziak President - Cannabis Retail |
| Tyler Robson President - Cannabis | Robbie Madan Chief Information and Digital Officer | Deanna Garand Vice President of Human Resources | Ryan Hellard Chief Strategy Officer |
| Business Overview |
| SNDL Inc. is a Canada-based private-sector liquor and cannabis retailer in Canada with retail banners, which include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis. Its segments include Liquor Retail, Cannabis Retail, Cannabis Operations and Investments. The Liquor Retail segment includes the sale of wines, beers and spirits through liquor stores. The Cannabis Retail segment includes the private sale of recreational cannabis through and franchise retail cannabis stores. The Cannabis Operations segment includes the cultivation, distribution and sale of cannabis for the adult-use and medical markets domestically and for export, and providing cannabis processing services, in addition to product development, manufacturing, and commercialization of cannabis consumer packaged goods. The Investments segment includes the deployment of capital to investment opportunities. Its cannabis brand portfolio includes Top Leaf, Vacay, Grasslands and others. |
| Financial Overview |
| For the three months ended 31 March 2024, SNDL Inc revenues decreased 2% to C$197.8M. Net loss before extraordinary items decreased 93% to C$2.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects FV Adjustments of Financial Investments decrease from C$3.4M (expense) to C$0K, Depreciation and amortization decrease of 14% to C$14.1M (expense). |
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