SNDL Publishes Q3 2026 Earnings Call Transcript
Bitget2026/10/28 13:38- SNDL's October 27, 2026, third-quarter results call featured CEO Zachary George and CFO Alberto Paredero-Quiros.
- Record free cash flow reached CAD 20 million, including a CAD 10.6 million one-time benefit from unwinding captive insurance.
- Management launched a strategic review of cannabis operations, including potential asset divestitures, following its exit from unprofitable domestic dried flower.
- Indirect ownership of Parallel increased from approximately 67% to 92%; management is seeking to consolidate its medical cannabis business.
- A proposed substantial issuer bid would return up to CAD 50 million at a price not exceeding USD 1.35 per share.
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