Press release
Sundial Added to the NYSE-Listed "The Cannabis ETF"
CALGARY, Nov. 7, 2019 /PRNewswire/ - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial") is pleased to announce that it has been added to The Cannabis ETF (NYSE:
About this update from Sndl Inc.
[{"type":"text","content":"CALGARY, Nov. 7, 2019 /PRNewswire/ - Sundial Growers Inc. (Nasdaq: SNDL) (\"Sundial\") is pleased to announce that it has been added to The Cannabis ETF (NYSE: THCX) (\"THCX\"), which trades on the New York Stock Exchange. \n\n \n\"We are excited to be included in The Cannabis ETF and welcome the increased exposure to a broader range of investors\", said Jim Keough, Chief Financial Officer of Sundial. \"Being added to the ETF provides a validation of Sundial's positioning as a leading international cannabis company.\"\nTHCX tracks the Innovation Labs Cannabis Index, which is a modified market capitalization weighted index, with a portfolio of 37 stocks that are expected to benefit from growth of the legal marijuana, CBD and hemp industries. The index rebalances on a monthly basis and it is currently considered the lowest cost passively managed US-listed cannabis ETF.\nFor more information about Sundial, visit www.sndlgroup.com and follow us on Twitter @SundialCannabis, Instagram @SundialCannabis, LinkedIn @SundialCannabis and Facebook @SundialCommunity.\nAbout Sundial Growers Inc.\nSundial proudly crafts pioneering cannabis brands to Heal, Help and PlayTM:\nHeal - 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 occasionsSundial has facilities in Canada and the United Kingdom and provides quality and consistent products consumers can trust.\nIn 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 Columbia.\nIn 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.\nWe employ nearly 1,000 employees globally, full-time and seasonal, bringing economic benefits to the local communities in which we operate. \nForward-Looking Information Cautionary Statement\nThis news release includes statements co...