05:16 PM EST, 01/07/2026 (MT Newswires) -- SNDL ( SNDL ) said late Wednesday it has acquired 5 cannabis retail stores in Alberta and Saskatchewan from 1CM, a Canadian cannabis and liquor retailer.

This transaction represents the finalization of the first closing after the amended and restated arrangement agreement as of Dec. 15, 2025.

The second closing of 27 additional cannabis retail stores in Ontario is expected to occur in first half of 2026, subject to regulatory approvals, the company said.