Sundial Growers

Canada's largest private sector cannabis and liquor retailer.

Launch date

Jan 2006

Employees

Market cap

Enterprise valuation

AUD783m (Public information from Sep 2024)

Calgary Alberta (HQ)

http://sundialcannabis.com

https://twitter.com/sundialcannabis https://www.linkedin.com/company/sundialgrowers/

Revenues, earnings & profits over time

CAD	2019	2020	2021	2022	2023	2024	2025
Revenues	75.9m	60.9m	56.1m	712m	909m	977m	1.1b
% growth	(90 %)	(20 %)	(8 %)	1169 %	28 %	8 %	10 %
EBITDA	(134m)	(80.4m)	(13.6m)	(39.5m)	(14.2m)	-	-
% EBITDA margin	(176 %)	(132 %)	(24 %)	(6 %)	(2 %)	-	-
Profit	(271m)	(240m)	(230m)	(335m)	(173m)	-	-
% profit margin	(358 %)	(393 %)	(410 %)	(47 %)	(19 %)	-	-
R&D budget	2.4m	<1m	2.4m	2.4m	<1m	-	-
R&D % of revenue	3 %	1 %	4 %	-	-	-	-

Date	Investors	Amount	Round
Feb 2018	ATB Financial	$56.0m	Debt
Aug 2019	N/A	N/A	IPO
Aug 2020	N/A	$20.0m	Post IPO Equity
Total Funding		-

Delta 9 Cannabis

exited

Inner Spirit Holdings

ACQUISITION by Sundial Growers Jul 2021

ACQUISITION by Sundial Growers Oct 2021