<SEC-DOCUMENT>0001279569-23-000731.txt : 20230601
<SEC-HEADER>0001279569-23-000731.hdr.sgml : 20230601
<ACCEPTANCE-DATETIME>20230601102850
ACCESSION NUMBER:		0001279569-23-000731
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230601
FILED AS OF DATE:		20230601
DATE AS OF CHANGE:		20230601

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SNDL 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:		23983372

	BUSINESS ADDRESS:	
		STREET 1:		919 11 AVENUE SW
		STREET 2:		SUITE 300
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2R1P3
		BUSINESS PHONE:		14039485227

	MAIL ADDRESS:	
		STREET 1:		919 11 AVENUE SW
		STREET 2:		SUITE 300
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2R1P3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Sundial Growers Inc.
		DATE OF NAME CHANGE:	20190131
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sndl6k.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
June 2023</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>SNDL 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>#300, 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"></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:
    June 1, 2023</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 June 1, 2023</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 JUNE 1, 2023
<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>&nbsp;Exhibit 99.1</B></FONT></P>

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

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

<P STYLE="font: bold 24pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><IMG SRC="logo.jpg" ALT=""></P>

<P STYLE="font: bold 24pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SNDL Provides Update on the Nova Cannabis Strategic
Partnership</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CALGARY, AB, June 1, 2023 /CNW/ -&nbsp;SNDL Inc. (NASDAQ:
SNDL) (&quot;<B>SNDL</B>&quot; or the &quot;<B>Company</B>&quot;) is pleased to provide an update on its proposed Transaction (the &quot;<B>Transaction</B>&quot;)
with Nova Cannabis Inc. (TSX: NOVC) (&quot;<B>Nova</B>&quot;) to create a well-capitalized cannabis retail platform in Canada, as contemplated
by the implementation agreement entered into between the Company and Nova dated December 20, 2022, as amended on April 3, 2023 (the &quot;<B>Implementation
Agreement</B>&quot;). The Company has amended the terms of the plan of arrangement (the &quot;<B>Original Plan of Arrangement</B>&quot;),
and such amended form of the Original Plan of Arrangement being (the &quot;<B>Amended Plan of Arrangement</B>&quot;) approved by the SNDL
shareholders at its annual and special meeting of shareholders held on July 25, 2022, pursuant to which SNDL intends to distribute certain
of its Nova common shares (&quot;<B>Nova Shares</B>&quot;) to SNDL shareholders.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Under the terms of the Amended Plan of Arrangement,
among other things, (i) SNDL shareholders who would have been entitled to receive at least one &quot;lot&quot; of Nova Shares from the
Nova Shares being distributed (the &quot;<B>Distributed Nova Shares</B>&quot;) had they been distributed to all SNDL shareholders on a
pro rata&nbsp;basis (the &quot;<B>Eligible Holders</B>&quot;) will receive Nova Shares with the new SNDL common shares to which they were
entitled under the Original Plan of Arrangement (&quot;<B>New SNDL Shares</B>&quot;), and (ii) all SNDL shareholders other than the Eligible
Holders will receive, together with their New SNDL Shares, cash in lieu of the fractional Nova Shares that they would have been entitled
to receive had the Distributed Nova Shares been distributed to all SNDL shareholders on a pro rata&nbsp;basis. The number of Nova Shares
that would be considered a &quot;lot&quot; will be determined by SNDL's Board of Directors (the &quot;<B>SNDL Board</B>&quot;), provided
that a &quot;lot&quot; must be between one Nova Share and 500 Nova Shares. All other terms of the Amended Plan of Arrangement remain substantially
similar to those of the Original Plan of Arrangement. It is currently anticipated that holders of New SNDL Shares that would otherwise
receive 15 or fewer Distributed Nova Shares shall instead receive cash consideration.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">A Final Order (the &quot;<B>Final Order</B>&quot;)
of the Court of Kings Bench of Alberta (the &quot;<B>Court</B>&quot;) approving the Amended Plan of Arrangement and transactions contemplated
thereby (collectively, the &quot;<B>Share Distribution</B>&quot;) was granted on May 26, 2023, and, subject to the SNDL Board determining
the meaning of a &quot;lot&quot; of Nova Shares, the Company is now authorized by the Court to complete the Share Distribution. A copy
of the Amended Plan of Arrangement has been or will be filed under SNDL's profile on SEDAR at www.sedar.com.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&quot;The strategic partnership between Nova and SNDL
is expected to deliver growth opportunities and long-term shareholder value, cementing the two companies' positions in the Canadian cannabis
industry,&quot; said Zach George, Chief Executive Officer of SNDL. &quot;Through a distribution of Nova common shares to SNDL shareholders,
SNDL will reduce our ownership stake in Nova to less than 20%. This enables SNDL and Nova to implement our strategic partnership, through
which SNDL will manage brand standards via strategic agreements in exchange for a licensing fee against gross profit, and a services fee
in return for the provision of management and administrative services.&quot;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The completion of the Share Distribution remains subject
to certain closing conditions set out in the Implementation Agreement, including the receipt of certain key regulatory approvals. SNDL
continues to work with regulators to ensure that the Transaction is in compliance with regulations in all relevant jurisdictions. Pursuant
to the Final Order and the Implementation Agreement, the Share Distribution is expected to be completed as part of the closing of the
Transaction.&nbsp; Subject to the satisfaction or waiver of all of the conditions precedent which include, but are not limited to, the
receipt of certain key regulatory approvals from applicable provincial cannabis regulators and the Toronto Stock Exchange, the Transaction
is expected to close on or before June 30, 2023.</P>

<P STYLE="font: 17.5pt Arial, Helvetica, Sans-Serif; margin: 0"><B>ABOUT SNDL INC.&nbsp;</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SNDL is a public company whose shares are traded on
the Nasdaq under the symbol &quot;SNDL.&quot;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SNDL is the largest private-sector liquor and cannabis
retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis.
SNDL is a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada specializing in low-cost
biomass sourcing, premium indoor cultivation, product innovation, low-cost manufacturing facilities,&nbsp;and a cannabis brand portfolio
that includes Top Leaf, Contraband, Citizen Stash, Sundial Cannabis, Palmetto, Bon Jak, Spiritleaf Selects, Versus Cannabis, Value Buds,
Vacay, Grasslands and Superette. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments
and partnerships throughout the global cannabis industry.&#8239;For more information on SNDL, please go to&#8239;www.sndl.com.&nbsp;</P>

<P STYLE="font: 17.5pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Forward-Looking Information Cautionary Statement&nbsp;&#8239;&nbsp;</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">This news release includes statements containing certain
&quot;forward-looking information&quot; within the meaning of applicable securities law (&quot;forward-looking statements&quot;), including,
but not limited to, statements regarding the Company's plans related to the Share Distribution, the meaning of the term &quot;lot&quot;
determined by the SNDL Board and the timing of such determination, the proposed completion of the Share Distribution and the timing thereof,&nbsp;
the satisfaction and/or waiver of the conditions precedent to completing the Share Distribution and/or any other part of the Transaction
(and/or the timing thereof), and the anticipated closing date of the Transaction. Forward-looking statements are frequently characterized
by words such as &quot;plan&quot;, &quot;continue&quot;, &quot;expect&quot;, &quot;project&quot;, &quot;intend&quot;, &quot;believe&quot;,
&quot;anticipate&quot;, &quot;estimate&quot;,&#8239;&quot;likely&quot;, &quot;outlook&quot;, &quot;forecast&quot;,&#8239;&quot;may&quot;,
&quot;will&quot;, &quot;potential&quot;, &quot;proposed&quot; and other similar words, or statements that certain events or conditions
&quot;may&quot; or &quot;will&quot; 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&#8239;made and&#8239;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. Please see &quot;Item 3.D.&mdash;Risk Factors&quot; in the&#8239;Company's annual report on Form 20-F, filed with the Securities
and Exchange Commission (&quot;SEC&quot;) on April 24, 2023, and the risk factors included in our other SEC filings for&#8239;a discussion
of the material risk factors that could cause actual results to differ materially from the forward-looking information. The Company is
under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether&#8239;as
a result of&#8239;new information, future events or otherwise, except as expressly required by applicable law.&#8239;&#8239;&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia:https://www.prnewswire.com/news-releases/sndl-provides-update-on-the-nova-cannabis-strategic-partnership-301840108.html</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: 0">&nbsp;</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/June2023/01/c9683.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>Sophie Pilon, SNDL Inc., O: 1.587.327.2017,
E: investors@sndl.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 09:00e 01-JUN-23</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!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  M %\# 2(  A$! Q$!_\0
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M/6H[+[#'HND1ZC)<6%O<1:D$TN^>XFV_WO2DJ5(QD$$ D9?G[B;BJ[F!*C+
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M[_5#=R26W]E@B48QD <  X '0# &, # XX_.F,BJ=PR"<;B#M)V],D8W 9.
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+?O3;D]7KM9:'_]D!

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