Summary
• SNDL Inc. shares rise 5.3% to $2.18 after-hours following an update on its arrangement agreement with 1CM Inc.
• The amended agreement involves acquiring 32 cannabis retail stores for $32.2 million, enhancing SNDL’s retail presence in Canada.
• The stock shows strong recent performance, gaining nearly 63% over six months, with increased trading volume noted.
SNDL Inc. (NASDAQ: SNDL) is trading at $2.18 in after-hours trading, marking a 5.3% increase from its previous close of $2.07. This movement comes after the company announced an update on its arrangement with 1CM Inc. on December 15, 2025.
Amended Agreement Sparks Interest
The fresh announcement revealed that SNDL and 1CM have entered into an amended and restated arrangement agreement to acquire 32 cannabis retail stores operating under the Cost Cannabis and T Cannabis banners across Ontario, Alberta, and Saskatchewan. The transaction is valued at $32.2 million in cash, subject to adjustments. This strategic move is pivotal as it aligns with SNDL’s growth strategy in the Canadian cannabis market, potentially enhancing its retail footprint.
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Performance Metrics
SNDL’s trading has shown strong recovery, indicated by recent performance metrics. The stock’s half-year performance is noteworthy, gaining nearly 63% amid a volatile market environment, while it has reported a 21.8% rise over the past week. The average volume over the last 10 days is significantly higher at approximately 6.36 million, compared to the 3-month average of around 2.95 million, signaling increased trading activity.
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Regulatory Filings and Disclosures
SNDL has not reported any new regulatory filings associated with this price move today. However, the company previously filed various 8-Ks detailing the arrangement changes, which are now reflected in its current market activities.
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Market Technicals
The stock currently exhibits a Relative Strength Index (RSI) of 57.68, indicating a neutral trend. With an Average True Range (ATR) of 0.15, SNDL’s volatility remains manageable relative to broader market conditions. Recently, it has traded above its 20-day and 50-day simple moving averages, signaling short-term strength, although it’s well below the long-term 200-day SMA.
As SNDL adjusts its strategies and consolidates its market position with the latest agreement, investor focus remains on how these operational moves will impact its future growth and profitability. With no fresh catalysts in play today other than the recent announcement, the stock reflects routine trading activity that could shape subsequent sessions.