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Nova Cannabis Hits 100 Stores As SNDL Transfers Dutch Love To Streamline Retail Presence Via Strategic Divestiture

Nova Cannabis Hits 100 Stores As SNDL Transfers Dutch Love To Streamline Retail Presence Via Strategic Divestiture

隨着SNDL通過戰略剝離將荷蘭人的熱愛轉移到簡化零售業務,Nova Cannabis進入了100家門店
Benzinga ·  04/04 04:57

SNDL Inc. (NASDAQ:SNDL) and Nova Cannabis Inc. (OTCQB:NVACF), two of Canada's largest cannabis companies, have announced a strategic realignment of their retail operations. The agreement sees SNDL assigning the rights to four Dutch Love cannabis retail stores to Nova Cannabis.

加拿大最大的兩家大麻公司SNDL Inc.(納斯達克股票代碼:SNDL)和Nova Cannabis Inc.(場外交易代碼:NVACF)宣佈對其零售業務進行戰略調整。該協議規定,SNDL將四家荷蘭之戀大麻零售商店的權利分配給Nova Cannabis。

Strategic Assignment And Financial Enhancements

戰略任務和財務改進

The transaction will see Nova issuing SNDL CA$8.179 million ($6.03 million) in shares, calculated on a 20-day VWAP as of March 28, 2024. Subject to regulatory, court, and Toronto Stock Exchange approvals, this deal is poised for completion by April's end. This acquisition is expected to elevate Nova's total store count to 100, while SNDL's reaches a substantial 190 across various brands.

根據截至2024年3月28日的20天增值計算,該交易將使Nova向SNDL發行817.9萬加元(合603萬美元)的股票。該交易有望在4月底之前完成,尚待監管機構、法院和多倫多證券交易所的批准。預計此次收購將使Nova的門店總數增加到100家,而SNDL的各個品牌的門店總數將達到190家。

Top executives from leading cannabis operators are slated to share valuable insights at the upcoming Benzinga Cannabis Capital Conference in Florida on April 16-17. The two-day event that returns to The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow.

來自領先大麻運營商的高層管理人員定於4月16日至17日在佛羅里達州舉行的Benzinga大麻資本會議上分享寶貴的見解。爲期兩天的活動將重返外交官海灘度假村,將爲大小企業家提供交流、學習和成長的機會。

CEO's Comments

首席執行官的評論

Zach George, CEO of SNDL, said on a press release "SNDL remains committed to strengthening Nova's retail position and the sustainability of its capital structure, as underscored by the extension of the credit facility."

SNDL首席執行官扎克·喬治在新聞稿中表示:“信貸額度的延期突顯了Nova的零售地位及其資本結構的可持續性。”

"The assignment of four well-located cannabis retail stores to be owned or operated by Nova creates an opportunity for Nova to open its first Value Buds branded locations in British Columbia and highlights the benefit of SNDL's M&A pipeline," George added.

喬治補充說:“將四家位置優越的大麻零售店分配給Nova擁有或經營,這爲Nova在不列顛哥倫比亞省開設首家Value Buds品牌門店創造了機會,也凸顯了SNDL併購渠道的好處。”

Credit Facility Extension

信貸額度延期

Further cementing their partnership, SNDL has extended the maturity of a $15 million ($11 million) revolving credit facility with Nova by two years, until March 31, 2026. This amendment provides Nova with enhanced financial flexibility and removes SNDL's right to demand early repayment under specific conditions, showcasing SNDL's trust in Nova's potential.

SNDL將與Nova的1500萬美元(合1100萬美元)循環信貸額度的到期日延長了兩年,至2026年3月31日,這進一步鞏固了他們的合作伙伴關係。該修正案增強了Nova的財務靈活性,並取消了SNDL在特定條件下要求提前還款的權利,這表明了SNDL對Nova潛力的信任。

"The updates announced further solidify SNDL's continued support of Nova's growth trajectory," said Anne Fitzgerald, lead independent director of Nova. "We will continue to collaboratively pursue avenues that support Nova's expansion and optionality with our partners at SNDL."

Nova首席獨立董事安妮·菲茨傑拉德表示:“宣佈的最新消息進一步鞏固了SNDL對Nova增長軌跡的持續支持。”“我們將繼續與我們在SNDL的合作伙伴共同尋找支持Nova擴張和選擇性的途徑。”

Legal advisories for this transaction include McCarthy Tétrault LLP for SNDL and Bennett Jones LLP for Nova.

本次交易的法律諮詢包括SNDL的麥卡錫泰特勞律師事務所和Nova的貝內特·瓊斯律師事務所。

SNDL And NVACF Price Action
At the time of this writing around 4 PM ET Wednesday, SNDL's shares were trading 19.61% higher at $2.44 per share, and NVACF's shares were trading 5.53% higher at $1.393 per share.

SNDL 和 NVACF 價格走勢
在撰寫本文時,美國東部時間週三下午4點左右,SNDL的股價上漲了19.61%,至每股2.44美元,而NVACF的股價上漲了5.53%,至每股1.393美元。

There's no better time to dive deeper into the ever-changing landscape of cannabis investing. Join us at the upcoming Benzinga Cannabis Capital Conference in Florida at the new Hollywood venue on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn, and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world. Get your tickets now on bzcannabis.com – Prices will increase very soon!

現在是深入了解不斷變化的大麻投資格局的最佳時機。在即將到來的活動中加入我們 Benzinga 大麻資本會議 2024 年 4 月 16 日和 17 日在佛羅里達州好萊塢的新場地。爲期兩天的活動在 外交官海灘度假村 無論大小,都將是企業家交流、學習和成長的機會。這次會議以其引領潮流的能力和對大麻未來的影響而聞名,記住你的日曆——這是大麻界年度必去的活動。 立即購買門票 bzcannabis.com — 價格很快就會上漲!

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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