<SEC-DOCUMENT>0001279569-20-000750.txt : 20200513
<SEC-HEADER>0001279569-20-000750.hdr.sgml : 20200513
<ACCEPTANCE-DATETIME>20200512185809
ACCESSION NUMBER:		0001279569-20-000750
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20200512
FILED AS OF DATE:		20200513
DATE AS OF CHANGE:		20200512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sundial Growers Inc.
		CENTRAL INDEX KEY:			0001766600
		STANDARD INDUSTRIAL CLASSIFICATION:	MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39005
		FILM NUMBER:		20870620

	BUSINESS ADDRESS:	
		STREET 1:		919 11 AVENUE SW
		STREET 2:		SUITE 200
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2R1P3
		BUSINESS PHONE:		14039485227

	MAIL ADDRESS:	
		STREET 1:		919 11 AVENUE SW
		STREET 2:		SUITE 200
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2R1P3
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sundial6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>&nbsp;</TITLE>
</HEAD>
<BODY>


<P STYLE="margin: 0pt"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 12pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 2pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"></P>

<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"></P>

<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>WASHINGTON, DC 20549</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>Form&nbsp;6-K</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE
ISSUER</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURSUANT TO RULE&nbsp;13a-16&nbsp;OR&nbsp;15d-16&nbsp;OF
THE</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>SECURITIES EXCHANGE ACT OF
1934</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>For the month of May
 2020</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>Commission File Number&nbsp;001-39005</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">&nbsp;</P>

<P STYLE="font: 24pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SUNDIAL GROWERS INC.</B></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 75%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 24pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>(Registrant&rsquo;s name)</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>#200, 919 - 11 Avenue SW</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Calgary, AB T2R 1P3</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Tel.: (403)&nbsp;948-5227</B></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 75%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<P STYLE="font: 8pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Address of principal executive
offices)</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 2pt">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt">Indicate by check mark whether the registrant files
or will file annual reports under cover of Form&nbsp;20-F&nbsp;or Form&nbsp;40-F:</P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Form&nbsp;20-F&nbsp;&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9746;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;40-F&nbsp;&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0pt 0 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark if the registrant is submitting the&nbsp;Form&nbsp;6-K&nbsp;in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(1):&nbsp;&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT></P>

<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0pt 0 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark if the registrant is submitting the&nbsp;Form&nbsp;6-K&nbsp;in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(7):&nbsp;&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 12pt"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 2pt">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 2pt">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt">Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif">
<TR>
    <TD STYLE="width: 44%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 4%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 5%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 44%; line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SUNDIAL GROWERS INC.</B></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="line-height: 107%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:
    May 12, 2020</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ James Keough</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">James Keough</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt">&nbsp;</P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 12pt"><B>EXHIBIT</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif">
<TR>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 4%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 93%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Description
    of Exhibit</B></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><A HREF="ex991.htm">99.1</A></FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><A HREF="ex991.htm">News
    Release dated May 12, 2020 - Sundial Provides Update on Senior Lender Discussions</A></FONT></TD></TR>
<TR>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="line-height: 107%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>



<P STYLE="margin: 0pt"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>NEWS RELEASE DATED MAY 12, 2020
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Exhibit 99.1</B></FONT></P>

<P STYLE="margin: 0; text-align: right">&nbsp;&nbsp;</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: left"><IMG SRC="logo.jpg" ALT=""><BR></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="font: bold 24pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Sundial Provides Update on Senior Lender
Discussions</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CALGARY, May 12, 2020 /CNW/ -&nbsp;Sundial
Growers Inc. (Nasdaq: SNDL) (&quot;Sundial&quot; or the &quot;Company&quot;) announced that the Company's senior&nbsp;lenders&nbsp;are
assessing potential terms for a credit agreement amendment, including covenant amendments, that would improve the Company's flexibility
under its covenants. As previously announced, the Company received waivers and agreements related to defaults under its existing
credit agreements on March 30, 2020 subject to completion of certain defined milestones by April 15, 2020. The deadline for those
milestones was subsequently extended to April 30, 2020 and, then again to May 11, 2020. Those waivers and agreements expired May
11, 2020; however, the Company's senior lenders have indicated that they do not intend to issue a notice of default at this time
while in active discussions with respect to the contemplated credit agreement amendment.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">In addition, the Company is in advanced stages
of discussions for the potential sale of its Bridge Farm assets and restructuring of the related credit facility.&nbsp;&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">There is no guarantee that we will be able
to consummate a sale of the Bridge Farm assets or a restructuring of the related credit facility. Furthermore, there is no guarantee
that our senior lenders will agree to the contemplated credit agreement amendments, will grant additional waivers under the credit
agreements or will refrain from issuing notices of default. Any failure or delay in completing these transactions or any acceleration
of our outstanding debt would have a significant negative impact on the Company's liquidity and further impact the Company's ability
to operate as a going concern. In such a case, the Company would look to alternative sources of financing, delay capital expenditures
and/or evaluate potential asset sales, and potentially could be forced to curtail or cease operations or seek relief under the
applicable bankruptcy or insolvency laws.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Sundial Growers Inc.</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Sundial is a public company with Common Shares
traded on Nasdaq under the symbol &quot;SNDL&quot;. Sundial is a licensed producer that crafts cannabis using state-of-the-art
indoor facilities. Our 'craft-at-scale' modular growing approach, award-winning genetics and experienced master growers set us
apart.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Our Canadian operations cultivate small-batch
cannabis using an individualized &quot;room&quot; approach, with 470,000 square feet of total space. In the United Kingdom, we
grow traceable plants, including hemp, ornamental flowers and edible herbs within 1.75 million square feet of environmentally friendly
facilities.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Sundial's brand portfolio includes <I>Top Leaf</I>,
<I>Sundial Cannabis</I>, <I>Palmetto</I> and <I>Grasslands</I>. Our consumer-packaged goods experience enables us to not just grow
quality cannabis, but also to create exceptional consumer and customer experiences.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">We are proudly Albertan, headquartered in Calgary,
AB, with operations in Olds, AB, and Rocky View County, AB.&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>Forward-Looking Information Cautionary Statement&#8239;</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">This news release includes certain statements
and information that constitute forward-looking information within the meaning of applicable securities laws. All statements in
this news release, other than statements of historical facts, including statements with respect to the planned restructuring of
the Company's credit facilities, the completion of any transactions involving Bridge Farm, the Company's senior lenders continuing
to not exercise available rights and remedies, and possible future financings are forward-looking statements.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Forward-looking statements or information relate
to future events and future performance and include statements regarding the expectations and beliefs of management.&nbsp; Often,
but not always, forward-looking statements and forward-looking information can be identified by the use of words such as &quot;plans&quot;,
&quot;expects&quot;, &quot;potential&quot;, &quot;is expected&quot;, &quot;anticipated&quot;, &quot;is targeted&quot;, &quot;budget&quot;,
&quot;scheduled&quot;, &quot;estimates&quot;, &quot;forecasts&quot;, &quot;intends&quot;, &quot;anticipates&quot;, or &quot;believes&quot;
or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results &quot;may&quot;,
&quot;could&quot;, &quot;would&quot;, &quot;might&quot; or &quot;will&quot; be taken, occur or be achieved. Forward-looking statements
or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties
and other factors which may cause the actual industry results, to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements or information.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Forward-looking statements or information are
subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the
forward-looking statements or information, including, without limitation, risks and uncertainties relating to: failure to complete
the credit facility restructuring, the state of financial markets, regulatory approval, requirements for additional capital; interest
rates; the global economy; the speculative nature of production activities; periodic interruptions to production, labor disputes;
supply problems; uncertainty of production and cost estimates; changes in project parameters as plans continue to be refined; volatility
of the market price of the Company's common shares; insurance; competition; currency fluctuations; loss of key employees; other
risks of the cannabis industry as well as those factors discussed in the section entitled &quot;Risk Factors&quot; in the Company's
Annual Report on Form 20-F dated March 30, 2020. Should one or more of these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information.
The Company disclaims any intent or obligation to update forward-looking statements or information except as required by law, and
you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities
regulatory authorities in Canada and the United states. Although the Company has attempted to identify important factors that could
cause actual results to differ materially, there may be other factors that could cause results not to be as anticipated, estimated
or intended. &nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The Company provides no assurance that forward-looking
statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking statements.&nbsp; The Company does not assume
the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect
the occurrence of future unanticipated events, except as may be required under applicable securities laws.&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SOURCE Sundial Growers Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/May2020/12/c0548.html</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">%CIK: 0001766600</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>For further information: </B>Media Contact: Sophie Pilon, Corporate
Communications Manager, Sundial Growers Inc., O: 1.587.327.2017, C: 1.403.815.7340, E: spilon@sundialgrowers.com</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CO: Sundial Growers Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CNW 17:35e 12-MAY-20</P>



<P STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"></P>


</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 logo.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "& )<# 2(  A$! Q$!_\0
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-?]\FBBBJLC-3EW/_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
