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M&A / Property

SNDL closes five-cannabis-store buy from ICM

By The Northwire Desk — AI Analysis Jan 07, 2026 · 19:31 EPIC · 0.165 1CM Inc
EPIC · Price

Executive Summary

  • SNDL Inc. has completed the acquisition of five cannabis retail stores in Alberta and Saskatchewan from 1CM Inc.
  • This transaction represents the first closing under the amended and restated arrangement agreement dated December 15, 2025.
  • A second and final closing is anticipated in the first half of 2026 for 27 additional stores in Ontario, subject to regulatory approvals.

Key Details

  • Transaction: Acquisition of 5 cannabis retail stores.
  • Location: Alberta and Saskatchewan.
  • Seller: 1CM Inc.
  • Closing Status: First closing completed.
  • Future Closures: Second (final) closing expected in H1 2026 for 27 additional stores in Ontario.
  • Condition for Future Closures: Subject to obtaining required regulatory approvals.
  • Agreement Reference: Amended and restated arrangement agreement dated Dec. 15, 2025.
Read the original news release →

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