CALGARY, Nov. 20 2019 /CNW/ - Sundial Growers Inc.
(Nasdaq: SNDL) ("Sundial") is pleased to announce that it has been
added to The AdvisorShares Pure Cannabis ETF (Ticker: YOLO), which
trades on the New York Stock Exchange.
"Sundial is excited to be included in The AdvisorShares Pure
Cannabis ETF and looks forward to the increased exposure to global
investors to share the Sundial story," said Jim Keough, Chief Financial Officer of Sundial.
"As the first actively managed cannabis ETF, being selected for
inclusion in The AdvisorShares Pure Cannabis ETF further validates
our business model and go-forward strategy as we seek to be a
leader in the global cannabis industry."
The AdvisorShares Pure Cannabis ETF ("YOLO") became the first
actively managed ETF with a dedicated cannabis investment mandate
domiciled in the United States.
YOLO seeks long-term capital appreciation by investing in both
domestic and foreign cannabis equity securities. YOLO is designed
to fully-invest for pure cannabis exposure under the guidance of a
deeply experienced portfolio management team navigating the
emerging cannabis marketplace.
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.
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SOURCE Sundial Growers Inc.