CALGARY, Nov. 21, 2019 /CNW/ - Sundial Growers Inc.
(Nasdaq: SNDL) ("Sundial") is pleased to announce that it has been
added to the ETFMG Alternative Harvest ETF ("MJ") (Ticker: MJ),
which trades on the NYSE Arca.
"We are excited to be included in the ETFMG Alternative Harvest
ETF, the first U.S. ETF to target the global cannabis industry,"
said Jim Keough, Chief Financial
Officer of Sundial. "We welcome the increased exposure to a broader
range of investors and the opportunity to articulate our vision as
a leader in the global cannabis industry."
The MJ ETF tracks the Prime Alternative Harvest Index, designed
to measure the performance of companies within the cannabis
ecosystem benefitting from global medicinal and recreational
cannabis legalization initiatives. Considered one of the largest
cannabis funds, the MJ ETF has approximately US$631M in assets under management.
Sundial is also a constituent in three other distinguished ETFs:
the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ), The
Cannabis ETF (NYSE:THCX) and The AdvisorShares Pure Cannabis ETF
(NYSEARCA:YOLO).
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 over 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.
SOURCE Sundial Growers Inc.