Sundial Announces Extension of Credit Facility Waiver Agreements CALGARY

Sundial Announces Extension of Credit

Facility Waiver Agreements

CALGARY, April 15, 2020 /CNW/ - Sundial

Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") announced that the Company's senior lenders have amended

the terms of the March 30, 2020 waivers and agreements requiring completion of defined milestones by April 15, 2020 to require

completion of those milestones by April 30, 2020.

"These amendments illustrate the collaborative

relationship between Sundial and its lenders," said Zach George, Sundial CEO. "We appreciate the support of our lenders

as we work to restructure our credit facilities, reduce costs and bring greater efficiency to operations."

As previously announced, Sundial has made several

operational adjustments to lower costs and improve efficiencies. In addition, Sundial is in discussions with its lenders to restructure

its credit agreements into global credit agreements to strengthen the Company's overall financial flexibility and capital structure.

About Sundial Growers Inc.

Sundial is a public company with Common Shares

traded on Nasdaq under the symbol "SNDL". 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

Our Canadian operations cultivate small-batch

cannabis using an individualized "room" 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

Sundial's brand portfolio includes Top Leaf,

Sundial Cannabis, Palmetto and Grasslands. Our consumer-packaged goods experience enables us to not just grow

quality cannabis, but also to create exceptional consumer and customer experiences.

We are proudly Albertan, headquartered in Calgary,

AB, with operations in Olds, AB, and Rocky View County, AB.

Forward-Looking Information Cautionary Statement

This news release includes statements containing

certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements")

Forward-looking-statements in this release include, but are not limited to, the potential cost reduction and credit re-structuring

plans of the Company. Forward-looking statements are frequently characterized by words such as "plan", "continue",

"expect", "project", "intend", "believe", "anticipate", "estimate",

"may", "will", "potential", "proposed" and other similar words, or statements that certain

events or conditions "may" or "will" 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 made, and 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. The Company is under no obligation, and expressly disclaims any intention

or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise,

except as expressly required by applicable law.

SOURCE Sundial Growers Inc.

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For further information: Media Contact: Sophie Pilon, Corporate

Communications Manager, Sundial Growers Inc., O: 1.587.327.2017, C: 1.403.815.7340, E: spilon@sundialgrowers.com

CO: Sundial Growers Inc.

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