<SEC-DOCUMENT>0001193125-21-225064.txt : 20210901
<SEC-HEADER>0001193125-21-225064.hdr.sgml : 20210901
<ACCEPTANCE-DATETIME>20210727080559
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-21-225064
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210727

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:		CORRESP

	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>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g158380g67r59.gif" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">July&nbsp;27, 2021 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>CONFIDENTIAL SUBMISSION VIA EDGAR</U> </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and
Exchange Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Office
of Life Sciences </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F&nbsp;Street,&nbsp;N.E. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington,
D.C. 20549 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attention:&nbsp;&nbsp;Frank Wyman and Mary Mast </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>Re:</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Sundial Growers Inc. </B></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B><FONT STYLE="white-space:nowrap">Form&nbsp;20-F</FONT> for the Year Ended December&nbsp;31, 2020
</B></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Filed March&nbsp;18, 2021 </B></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>File <FONT STYLE="white-space:nowrap">No.&nbsp;001-39005</FONT> </B></P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On behalf of our client,
Sundial Growers Inc. (the&nbsp;&#147;Company&#148;), we are submitting this letter in response to the written comments of the staff (the&nbsp;&#147;<U>Staff</U>&#148;) of the Securities and Exchange Commission (the&nbsp;&#147;<U>SEC</U>&#148;), as
contained in your letter, dated July&nbsp;22, 2021 (the &#147;<U>Comment&nbsp;Letter</U>&#148;), to the Company regarding the Company&#146;s above-referenced annual report filed on <FONT STYLE="white-space:nowrap">Form&nbsp;20-F</FONT> (File <FONT
STYLE="white-space:nowrap">No.&nbsp;001-39005)</FONT> for the fiscal year ended December&nbsp;31, 2020, filed with the SEC on March&nbsp;18, 2021 (the &#147;<U>Annual&nbsp;Report</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To facilitate your review of the Company&#146;s responses, we have repeated your comment in italics followed immediately by the response of
the Company. Simultaneously with the transmission of this letter, the Company is filing via EDGAR its amendment to the Annual Report on <FONT STYLE="white-space:nowrap">Form&nbsp;20-F</FONT> (the &#147;<U>Amended Annual Report</U>&#148;), responding
to the Staff&#146;s comment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">***** </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U><FONT STYLE="white-space:nowrap">Form&nbsp;20-F</FONT> for the Year Ended December&nbsp;31, 2020</U> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>Exhibits&nbsp;12.1 and&nbsp;12.2, page&nbsp;76</U> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>We note that you filed your Principal Executive Officer and Principal Financial Officer certifications under
Item&nbsp;601(b)(31) of <FONT STYLE="white-space:nowrap">Regulation&nbsp;S-K.</FONT> Please amend the <FONT STYLE="white-space:nowrap">20-F</FONT> to revise the certifications to include the introductory language of paragraph&nbsp;4 to reference
your internal controls.</I> </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In response to the Staff&#146;s comment, the Company has revised Exhibits&nbsp;12.1
and&nbsp;12.2 to include the introductory language of paragraph&nbsp;4 to reference its internal controls and is attaching such Exhibits to the Amended Annual Report which is being filed on EDGAR simultaneously with the transmission of this letter.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">***** </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We thank the Staff
in advance for its consideration of this letter and hope the Staff finds that the foregoing answers are responsive to its comments. If you should have any questions or further comments with respect to the Annual Report, please do not hesitate to
contact me at <FONT STYLE="white-space:nowrap">(212)&nbsp;848-7974.</FONT> </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Yours very truly,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/&nbsp;&nbsp;Jason Lehner</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">Jason Lehner</TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">cc:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">James Keough </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Chief Financial Officer </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Sundial Growers Inc. </P></TD></TR></TABLE>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g158380g67r59.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g158380g67r59.gif
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M0&S12"/)@)+X<] ]]*W36X #2A--506I%<U- KT38#@(+>(@A061$TTT/P$
MX#@+82.)-.&T(\TT#(D333OGG+C(= .J."")!)TC(($L$F2--.T,&""' ID@
M5T+L1),906I)8Y0_#QJD5CN>M!--CYI%0UA! R(45XW1>&)": EIH\V*%4IW
M7W[[2:-.00!BJ) )DM23SGF013,C /XX&!63].6F#GUR M7..-((-Y"'<EDU
MXD(NOHD-.W\F1*<TVPAD3J8&E3/A0>=$8]]!/TKF8J%%ME,/DDI&2!\[_@)Y
MB*<XTIS3#P#@G#,.. EQHR5"71X4%Z_@>"(--=0T5(ZGT"B$GWX"\>>?B-&<
MLQ"4VE1))@#;Z#F0L5@*I-: 7X5S(JH#?1.-...L:I"' 4H:WT+R2*,F0^
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M( ZQB$=,XA*;^,0H3K&*5\SB%KOXQ3".L8QG3.,:V_C&.,ZQCG?,XQ[[^,=
M#K*0ATSD(AOYR$A.LI*7S.0F._G)4(ZRE*=,Y2I;N<,5V  "$+  !@#@ 1!
M0QIF ( 4V $!;G@#_D$F0 $O.Z0")T!!0U+P#!Q() %]@,*5E8QG/0ND 2^
M 0!BX(P>5$'."7@%$ ;"9C=W9 A$L#-$ M %23CC9'L&LA)^L&B!0-K.2EB"
M%=H,@"LXP=&-)HB9N;P&$Q# !R8801:0$><&." 9%PB!",JL!C0H@P_+F 4"
M"N +"UP  [:8@:UQK>N"7 $+IE T !K C$4K(0LX6/4"6DT 4C0# 1[X0 ,"
M(6@"X$$#VFYUIDU,@"V+>09*8 4,*+T+/8A!SG# Q H836J!5* *)3!! _@
MA0H,@Q@JV &<4=" 8I2@!P+ @RLR >LNR $&D#9 $MS@ @Z$P08-?WC$_C5
MD!'XH0Y_D#,(C+$"2MO@WP$?.!0(H&L.'(/AY : N5T!<($3?-TH#H  ;!
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5YYHP^[10&[52.[546[566V0! 0 [

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