Mr. Zach George reports
SNDL ANNOUNCES SUCCESSFUL COMPLETION OF EU-GMP AUDIT AT ATHOLVILLE FACILITY
SNDL Inc. has completed a European Union good manufacturing practice audit at its Atholville, N.B., cultivation facility.
The successful audit reinforces SNDL's ability to participate in regulated international medical cannabis markets, and reflects the company's continued focus on quality, operational excellence and regulatory compliance. EU-GMP compliance is an important standard for supplying medical cannabis products into many international jurisdictions. The company anticipates receipt of EU-GMP certification for its Atholville facility within the next 90 days following successful completion of the audit.
Atholville is one of SNDL's largest cultivation assets, comprising approximately 380,000 square feet with more than 110,000 square feet of cultivation canopy and production capacity supporting approximately 4,500 kilograms per quarter, with the potential to support greater than 30 tonnes with targeted investment.
"This achievement is another example of SNDL's commitment to disciplined execution," said Zach George, chief executive officer of SNDL. "The successful completion of this audit strengthens Atholville's position as a strategically important asset and supports our ability to pursue international medical cannabis opportunities. Today, we recognize the outstanding leadership of Tim Main and Rebecca Knight, together with the entire New Brunswick team, whose dedication and professionalism made this accomplishment possible."
The successful audit follows continued investments in cultivation performance, facility reliability, quality systems and process improvement at Atholville. The facility's scale, cost structure and ability to support international demand remain key strengths within SNDL's cultivation platform.
About SNDL Inc.
SNDL, through its wholly owned subsidiaries, is one of the largest vertically integrated cannabis companies and the largest private-sector liquor and cannabis retailer in Canada, with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Cost Cannabis. With products available in licensed cannabis retail locations nationally, SNDL's consumer-facing cannabis brands include Top Leaf, Contraband, Palmetto, Bon Jak, La Plogue, Versus, Value Buds, Grasslands, Vacay, Pearls by Gron, No Future and Bhang Chocolate. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the North American cannabis industry.
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