CALGARY, Dec. 19, 2019 /CNW/ - Sundial Growers Inc.
(Nasdaq: SNDL) ("Sundial") is pleased to announce an initiative to
enter the Canadian medical cannabis business with plans for an
innovative e-commerce marketplace.
Navigating the process to access medical cannabis can be
confusing to patients, and this content rich e-commerce platform
aims to streamline the process. In delivering an elevated
medical Cannabis experience to Canadians, Sundial will also
leverage its research capabilities created by the 50% acquisition
of Pathway Rx Inc. (PathwayRx). PathwayRx will implement learnings
from its research to develop unique medical cannabis products
targeted for use with specific medical conditions.
"This initiative is truly the launch pad for Sundial's Heal
(medical) strategy and allows us to accelerate entry into the
Canadian medical cannabis market by establishing trusted
relationships with patients based on research, high-quality
consistent products, accessibility and thoughtful customer care,"
said Torsten Kuenzlen, Sundial's Chief Executive Officer.
Sundial has entered into an agreement with a subsidiary of
Empire Company Limited and their family of brands, including
Sobeys, Safeway, Lawtons, Thrifty Foods, FreshCo, and Foodland to
offer medical cannabis education, products and accessories to its
pharmacy patients when the marketplace is launched.
This new platform will be available to patients across
Canada starting in the summer of
2020.
For more information about Sundial, visit www.sndlgroup.com and
follow 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, and statements regarding the future
performance of the Company. 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.