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SNDL Inc. (NASDAQ:SNDL) is one of the
7 Best Hemp Stocks To Buy Now.
On April 29, 2026, SNDL Inc. (NASDAQ:SNDL) reported its first-quarter 2026 results. It had net revenue of $195.9 million with a 4.4% year-over-year drop because of market issues in the liquor and cannabis areas. The company posted a gross profit of $52.8 million, down 6.8%, with a gross margin of 27.0%, down 0.7 percentage points. This was because of Cannabis Operations.
SNDL Inc. (NASDAQ:SNDL) reported an operating loss of $9.1 million, up by $2.9 million from the previous year. It reflected the lack of prior value reductions and restructuring expenses. Cash flow stayed negative at $26.7 million, with free cash flow at negative $7.6 million, because of inventory buildups and income statement losses.
CEO Zach George said that the market downturn made the quarter “particularly challenging,” and noted persistent cost changes. The firm repurchased 4.5 million shares and concluded the quarter with $213.4 million in unrestricted cash and no debt, preparing for capital deployment.
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SNDL Inc. (NASDAQ:SNDL) is a licensed producer that makes limited cannabis in advanced indoor facilities. It operates in liquor retail, cannabis retail, cannabis operations, and investments segments.
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