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Stocks in play: Nova Cannabis Inc.
And SNDL Inc. (NASDAQ: SNDL) have entered into an arrangement agreement pursuant to which SNDL will acquire all of the issued and outstanding common shares in the capital of Nova not already owned by SNDL, representing approximately 34.8% of Nova Shares, by way of a statutory plan of arrangement for aggregate consideration of approximately $40 million. Nova Cannabis Inc. shares T.NOVC are trading unchanged at $1.28.
