0001193125-26-102524
SEC filingSNDL Inc.'s Form 40-F filing, dated March 12, 2026, for the fiscal year ended December 31, 2025, serves as the annual report for this Canadian company listed on U.S. exchanges, prepared under IFRS standards. The extracted XBRL tags reveal detailed financial and operational disclosures across SNDL's diversified segments: cannabis operations, retail cannabis, liquor retail, and investments. Key areas include property, plant, and equipment (PPE) with gross carrying amounts, accumulated depreciation, and impairment for assets like production facilities, land, buildings, leasehold improvements, and construction in progress. Intangible assets such as brand names, franchises, retail licenses, and computer software show amortization and carrying values. Equity and incentive plans feature stock options, deferred share units (DSUs), restricted share units (RSUs), and various warrants with specific exercise prices and vesting conditions. Segment reporting covers cannabis retail revenue (proprietary licensing, provincial boards), liquor retail revenue, and operations in entities like Indiva Limited, Lightbox Enterprises, and Liquor Stores Limited Partnership. Fair value measurements for marketable securities, investments at FVOCI, and derivative warrant liabilities are categorized by hierarchy levels (1, 2, 3). Transactions include the OneCM Agreement closings in Alberta (April 9, 2025) and Ontario (December 15, 2025), alongside facilities like Stellarton and Olds. Risk disclosures address liquidity, credit risk on trade receivables, and IFRS 16 lease accounting. This filing provides transparency into SNDL's asset base, segmental performance, and capital structure in the competitive cannabis and retail sectors, with no explicit numerical financial impacts visible in the tag excerpts but indicating ongoing amortization, depreciation, and fair value adjustments.