Regulator ordered cannabis producer SNDL to sell Ontario stores or risk having licences revoked, letter shows

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Looks like Globe and Mail broke the story about this. Many in the industry have been expecting this shoe to drop for months now. Probably why that 1CM deal got scuttled. https://www.theglobeandmail.com/business/article-sndl-cannabis-producer-ontario-store-network/

StratCann has some added context and info as well, especially High Tide and SNDL's rivalries . https://stratcann.com/news/ontario-regulator-probes-sndls-retail-holdings-amid-expansion-concerns/

Posted Jun 12, 2026, 11:40 PM UTC

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