Full Press Release Details
Sundial Receives Sales Licence for Cannabis
CALGARY, Oct. 24, 2019 /CNW/ - Sundial Growers
Inc. (Nasdaq: SNDL) ("Sundial") is pleased to announce that it has received a licence from Health Canada to sell cannabis
oil products. Sundial oil products will be packaged and shipped from its Rocky View, AB facility, and will be available to consumers
"This license enables Sundial to gain
further traction in expanding our innovative product portfolio," says Ryan Hellard, Chief Experience Officer of Sundial. "Consumers
are looking for brands that consistently provide a safe, innovative and high-quality experience, and that's what our current and
future portfolio is designed to deliver."
Broadening its product offerings, Sundial's
first new product innovation will be an unflavoured CBD 20:1 oil that is part of the brand's Ease product line. The new oil product,
in addition to subsequent oil products from the same line, will address the rapidly emerging consumer trend of CBD usage.
Providing consumers access to a greater selection
of products will allow Sundial to tap into new and existing cannabis segments. Consumers can customize their cannabis experience
to meet their individual needs by choosing product formats that work best for them.
The oil sales licence, along with new formats
being legalized on October 17, 2019, enables Sundial to drive development of future cannabis products. Plans to launch additional
product formats including vapes, topicals and teas will be announced soon.
For more information about Sundial, visit www.sndlgroup.com
and follow on Twitter @SundialCannabis, Instagram @SundialCannabis, LinkedIn @SundialCannabis and Facebook @SundialCommunity.
About Sundial Growers Inc.
Sundial proudly crafts pioneering cannabis
brands to Heal, Help and PlayTM:
Heal - cannabis products used as prescription medicine
Help - cannabis products that strive to promote health
and wellness through CBD
Play - cannabis products to enhance social, spiritual and
recreational occasions
Sundial has facilities in Canada and the United
Kingdom and provides quality and consistent products consumers can trust.
In Canada, we grow 'craft-at-scale' cannabis
using purpose-built modular facilities and award-winning genetics. Sundial's flagship production facility is located in Olds, Alberta
with a second facility in Rocky View, Alberta. We have commenced construction of our next purpose-built facility in Merritt, British
In the United Kingdom, we grow high-quality
traceable plants, including hemp, ornamental flowers and edible herbs, in over 1.5 million square feet of state-of-the-art environmentally
friendly, indoor facilities. Bridge Farm has three facilities in Spalding with another currently under construction.
We employ nearly 1,000 employees globally,
full-time and seasonal, bringing economic benefits to the local communities in which we operate.
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 includes, but is not limited
to, the potential expansion plans of the Company in Canada, and statements regarding the future performance 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 for Sundial: 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.
CNW 08:00e 24-OCT-19