July 07, 2019

Sundial Announces Convertible Note Financing and Term Debt Facility for Total Proceeds of C$252.2 Million

Calgary, AB (July 8, 2019) – Sundial Growers Inc. (“Sundial”) is pleased to announce that it has closed two significant finance transactions over the past quarter.

The first is a private placement of unsecured convertible notes (the “Notes”) for gross proceeds of C$92.6 million. The Notes accrue interest in kind and will mature in five years, unless earlier converted.

The second is a four-year term debt facility with an initial tranche of C$115 million and a second tranche of C$44.6 million to be available on the fulfilment of certain predefined conditions precedent.

“These transactions facilitate Sundial’s strategic plans for facility construction, debt repayment, accretive acquisitions and general corporate purposes,” said Torsten Kuenzlen, Chief Executive Officer of Sundial. “The proceeds, a portion of which has already been used, enable Sundial to continue our ambitious strategic growth plan and support our purpose of proudly crafting pioneering cannabis brands to Heal, Help and PlayTM.”

For more information about Sundial, visit www.sundialcannabis.com and follow us on Twitter @SundialCannabis and Instagram @SundialCannabis.

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Wednesday, Oct 09, 2019

Sundial Responds to Baseless Class Action Lawsuits

We want to address erroneous media coverage regarding the class action lawsuits filed against our company alleging violations of the U.S. securities laws. While we cannot comment on specific customer relationships due to contractual confidentiality and normally would not respond to pending legal matters, we are compelled to issue this statement.

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Thursday, Oct 03, 2019

Sundial Introduces Palmetto: The Handy Cannabis

Sundial Growers Inc.’s (Nasdaq: SNDL) (“Sundial”) is proud to officially launch Palmetto, a new brand in Sundial’s Play (recreational) brand portfolio. Palmetto is synonymous with high-quality and convenient cannabis, offering pre-rolls and vape pens for an effortless and exceptional consumer experience.

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Tuesday, Oct 01, 2019

Sundial Announces Voluntary Lock-Up By Directors And Executive Officers

Lock-Up covers approximately 28% of the total outstanding common shares on a fully diluted basis

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