February 20, 2019 MJ Shareholders
February 20th, 2019
CALGARY, Feb. 20, 2019 /CNW/ – Sundial Growers Inc. (“Sundial”) is pleased to announce it has secured a cannabis supply agreement with the BC Liquor Distribution Branch (“BCLDB”). The partnership advances Sundial’s strategy of providing all Canadians access to its premium adult-use and medical products.
“B.C. has a proud history and culture of producing world-famous cannabis and we look to continue the tradition by providing the province with craft, premium quality cannabis that will live up to the high standards set by its forebears,” said Andrew Stordeur, Chief Commercial Officer at Sundial. “This is an exciting time at Sundial as we continue to scale with pace while focusing on delivering uninterrupted supply to our current customers.”
The additional cultivation space that was recently announced at Sundial’s flagship facility in Olds, Alberta will allow Sundial to expand distribution to all of the Western provinces along with Ontario. Supply agreements with the provincial boards of Alberta and Ontario are already in place, and approval to sell in Saskatchewan was recently received from the SGLA.
Sundial crafts premium quality, small-batch cannabis with its best-in-class facilities. Sundial differentiates itself from other licensed producers by growing “craft-at-scale” cannabis using purpose-built modular systems and award-winning genetics.
About Sundial Growers Inc.
Sundial is a privately held, Alberta-based licensed cannabis producer. We believe in healing, helping and playing, while cultivating cannabis for modern consumers – people who want a natural alternative that fits seamlessly into today’s active, healthy lifestyles. Our focus is on producing consistent, quality cannabis that our customers can trust.
Sundial operates two facilities in Alberta, including our flagship, purpose-built modular cannabis production facility in Olds and a second production facility in Rocky View, with plans to build a third facility in British Columbia.
Forward-Looking Information Cautionary Statement
This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, the potential expansion plans of the Company in Canada, the Company’s ability to provide uninterrupted supply to its customer, and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
SOURCE Sundial Growers
For further information: Media Contact: Sophie Pilon, Corporate Communications Manager, Sundial Growers Inc., C: 1.403.815.7340, E: [email protected]
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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