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SNDL Inc. (NASDAQ:SNDL) and Nova Cannabis Inc. (TSX:NOVC) announced on Tuesday that they have entered into an arrangement agreement under which SNDL will acquire all of the issued and outstanding common shares in the capital of Nova not already owned by SNDL, representing roughly 34.8% of Nova shares, for approximately CA$40 million ($29.1 million). “We are committed to building a consumer-centric model at scale, supported by SNDL’s robust shared service model, access to capital, and a well-developed cannabis retail pipeline,” SNDL CEOZach George said. “These factors are integral to the achiev…

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