Sundial Announces Extension of Credit Facility Waiver Agreements

Central Alberta cannabis facility secures $56M from ATB Financial ...

Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company“) announced that the Company’s senior lenders have amended the terms of the May 14, 2020 waivers and agreements extending the required completion of defined milestones to June 5, 2020.   

Sundial continues discussions with its lenders to restructure its credit agreements to strengthen the Company’s overall financial flexibility and capital structure. 

About Sundial Growers Inc.

Sundial is a public company with Common Shares traded on Nasdaq under the symbol “SNDL”. Sundial is a licensed producer that crafts cannabis using state-of-the-art indoor facilities. Our ‘craft-at-scale’ modular growing approach, award-winning genetics and experienced master growers set us apart.

Our Canadian operations cultivate small-batch cannabis using an individualized “room” approach, with 470,000 square feet of total space.

Sundial’s brand portfolio includes Top LeafSundial CannabisPalmetto and Grasslands. Our consumer-packaged goods experience enables us to not just grow quality cannabis, but also to create exceptional consumer and customer experiences.

We are proudly Albertan, headquartered in Calgary, AB, with operations in Olds, AB, and Rocky View County, AB. 

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