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Benzinga
Benzinga
Business
Vuk Zdinjak

Sundial Growers Granted Management Cease Trade Order As It Faces Filing Delays

Sundial Sundial Growers MCTO Nasdaq Sundial Growers Inc

Sundial Growers Inc. (NASDAQ:SNDL) has been granted a management cease trade order (MCTO) by its principal regulator, the Alberta Securities Commission.

The company applied for the MCTO due to an expected delay in the filing of the audited consolidated financial statements for the year ended December 31, 2021, annual management discussion and analysis for the same period, annual information form for the same period and management certifications of annual filings beyond the deadline of March 31, 2022 prescribed by Canadian securities laws.

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