Sundial Growers Inc. has entered into a license agreement with Simply Solventless Concentrates Ltd. (SSC) to produce its solventless cannabis concentrates products. The Agreement will enable Sundial to utilize its Rocky View facility, while using SSC’s intellectual property to produce premium inhalable products. It will also allow Sundial to leverage SSC's knowledge and expertise to expand its product line. Furthermore, the parties are negotiating the possible sale of Sundial’s (SNDL) Rocky View facility for $5 million, pending the completion of due diligence and licensing approvals.
https://www.tipranks.com/news/sundial-signs-license-agreement-with-simply-solventless-street-sees-50-downside