CALGARY,
Nov. 7, 2019
/PRNewswire/ - Sundial Growers Inc. (Nasdaq: SNDL)
("Sundial") is pleased to announce that it has been added to The
Cannabis ETF (NYSE: THCX) ("THCX"), which trades on the New York
Stock Exchange.
"We are excited to be included in The Cannabis ETF and
welcome the increased exposure to a broader range of investors",
said Jim Keough, Chief Financial
Officer of Sundial. "Being added to the ETF provides a validation
of Sundial's positioning as a leading international cannabis
company."
THCX tracks the Innovation Labs Cannabis Index, which is a
modified market capitalization weighted index, with a portfolio of
37 stocks that are expected to benefit from growth of the legal
marijuana, CBD and hemp industries. The index rebalances on a
monthly basis and it is currently considered the lowest cost
passively managed US-listed cannabis ETF.
For more information about Sundial, visit
www.sndlgroup.com and follow us on Twitter @SundialCannabis,
Instagram @SundialCannabis, LinkedIn @SundialCannabis and Facebook
@SundialCommunity.
About Sundial Growers Inc.
Sundial proudly crafts pioneering cannabis brands to Heal,
Help and PlayTM:
- Heal - cannabis products used as prescription
medicine
- Help - cannabis products that strive to promote health
and wellness through CBD
- Play - cannabis products to enhance social, spiritual and
recreational occasions
Sundial has facilities in Canada and the United Kingdom and provides quality and
consistent products consumers can trust.
In Canada, we grow
'craft-at-scale' cannabis using purpose-built modular facilities
and award-winning genetics. Sundial's flagship production facility
is located in Olds, Alberta with a
second facility in Rocky View,
Alberta. We have commenced
construction of our next purpose-built facility in Merritt, British Columbia.
In the United Kingdom, we
grow high-quality traceable plants, including hemp, ornamental
flowers and edible herbs, in over 1.5 million square feet of
state-of-the-art environmentally friendly, indoor facilities.
Bridge Farm has three facilities in Spalding with another currently
under construction.
We employ nearly 1,000 employees globally, full-time and
seasonal, bringing economic benefits to the local communities in
which we operate.
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 . 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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/sundial-added-to-the-nyse-listed-the-cannabis-etf-300953416.html
SOURCE Sundial Growers Inc.