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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: right"><B>Registration No.&nbsp;333-</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B>As filed with the Securities and
Exchange Commission on April 15, 2024</B></P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 5.75pt 6pt 5.05pt; text-align: center"><B>FORM S-8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B>REGISTRATION STATEMENT<BR>
UNDER THE SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.05pt; text-align: center"><B><I>&nbsp;</I></B></P>

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<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SNDL INC.</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 34%; padding-right: 3.85pt; padding-left: 10.25pt; font: 12pt/105% Times New Roman, Times, Serif; text-align: center; text-indent: -10pt"><FONT STYLE="font-size: 9pt; line-height: 105%"><B>Province of Alberta<BR>
</B>(State or other jurisdiction of incorporation or organization)</FONT></TD>
    <TD STYLE="width: 33%; padding-right: 3.85pt; padding-left: 3.85pt; font: 12pt/105% Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 33%; padding-right: 3.85pt; padding-left: 3.85pt; font: 12pt/105% Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 9pt; line-height: 105%"><B>Not Applicable<BR>
</B>(I.R.S. Employer Identification No.)</FONT></TD></TR>
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<P STYLE="font: 2pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>#300, 919 &#8211; 11 Avenue SW</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Calgary, AB, Canada T2R 1P3</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(403) 948-5227</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address, including zip code, and telephone number,
including area code, of registrant&#8217;s principal executive offices)</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SUNDIAL GROWERS INC. RESTRICTED AND PERFORMANCE SHARE
UNIT PLAN JULY 29, 2019</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Full title of the plan)</P>


<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 25%; color: gray">

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Corporation Service Company</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>19 West 44th Street, Suite 200 New York, NY 10036</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Name and address of agent for service)</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(800) 927-9800</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Telephone number, including area code, of agent for
service)</P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 25%; color: gray">

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    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><I>With a copy to:</I></B></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp; Doreen E. Lilienfeld, Esq.<BR>
    Shearman &amp; Sterling LLP<BR>
    599 Lexington Avenue<BR>
    New York, NY 10022<BR>
    (212) 848-4000</B></P>
    <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;&nbsp;</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.
See definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company,&#8221; and
&#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</P>

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    <TD STYLE="padding-right: 5.65pt; padding-bottom: 12pt; padding-left: 5.65pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 9pt">Large
    accelerated filer </FONT><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">x</FONT></TD>
    <TD STYLE="padding-right: 5.65pt; padding-bottom: 12pt; padding-left: 5.65pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 9pt">Accelerated
    filer <FONT STYLE="font-family: Wingdings">o</FONT></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.65pt; padding-bottom: 12pt; padding-left: 5.65pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 9pt">Non-accelerated
    filer </FONT><FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT></TD>
    <TD STYLE="padding-right: 5.65pt; padding-bottom: 12pt; padding-left: 5.65pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 9pt">Smaller
    reporting company <FONT STYLE="font-family: Wingdings">o</FONT></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.65pt; padding-bottom: 12pt; padding-left: 5.65pt; font: 12pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.65pt; padding-bottom: 12pt; padding-left: 5.65pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 9pt">Emerging
    growth company <FONT STYLE="font-family: Wingdings">o</FONT></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. <FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT></P>

<P STYLE="font: 10pt Segoe UI Symbol,sans-serif; margin: 0 0 6pt; text-align: justify"></P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; margin: 0; background-color: white; color: #333333">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">SNDL Inc. (the &#8220;<U>Registrant</U>&#8221;)
is filing this registration statement on Form S-8 pursuant to and in accordance with&nbsp;General Instruction&nbsp;E of Form S-8 to register
8,000,000 additional common shares, no par value per share (&#8220;<U>Common Shares</U>&#8221;), for issuance under the Sundial Growers
Inc. Restricted and Performance Share Unit Plan July 29, 2019 (the &#8220;<U>Plan</U>&#8221;). The Registrant first registered the offer
and sale of 8,939,255 Common Shares (without giving effect to the Registrant&#8217;s 10-for-1 share consolidation that became effective
on July 25, 2022 (the &#8220;<U>Share Consolidation</U>&#8221;) on a pre-Share Consolidation basis, or 893,926 shares of Common Shares
on a post-Share Consolidation basis) in connection with the Plan on its registration statement on Form S-8 (File No. 333-233156) filed
with the Securities and Exchange Commission (the &#8220;<U>Commission</U>&#8221;) on August 8, 2019, subsequently amended by post-effective
amendment on Form S-8 on September 19, 2022 (the &#8220;<U>First Registration Statement</U>&#8221;). On January 19, 2022, the Registrant
registered 21,118,760 additional Common Shares (on a pre-Share Consolidation basis, 2,111,876 Common Shares on a post-Share Consolidation
basis) in connection with the Plan on its registration statement on Form S-8 (File No. 333-262233) filed with the Commission, which was
subsequently amended by post-effective amendment on Form S-8 on September 19, 2022 (the &#8220;<U>Second Registration Statement</U>&#8221;).
On September 19, 2022, the Registrant registered 180,000 additional Common Shares in connection with the Plan on its registration statement
on Form S-8 (File No. 333-267510) filed with the Commission on September 19, 2022 (the &#8220;<U>Third Registration Statement</U>&#8221;).
On January 17, 2023, the Registrant registered 10,000,000 additional Common Shares in connection with the Plan on its registration statement
on Form S-8 (File No. 333-269242) filed with the Commission on January 17, 2023 (together with the First Registration Statement, the Second
Registration Statement and the Third Registration Statement, the &#8220;<U>Prior Registration Statements</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In accordance with General
Instruction E of Form S-8, the contents of the Prior Registration Statements filed on August 8, 2019, January 19, 2022 (each as amended
on September 19, 2022, and filed on September 19, 2022) and January 17, 2023 are hereby incorporated by reference. Only those items of
Form S-8 containing new information not contained in the Prior Registration Statements are presented herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>PART II<BR>
<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 3.</B></TD><TD><B>Incorporation of Documents by Reference.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">The following documents filed with the Commission are hereby incorporated
by reference:</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">The Registrant&#8217;s Annual Report on Form 40-F for the year ended December 31, 2023, as filed with
the Commission on March 21, 2024 (Commission File No. 001-39005).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0 0in">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">The Reports on Form 6-K furnished by the Registrant to the Commission pursuant to Section 13(a) or 15(d)
of the Exchange Act on the following dates: April 2, 2024, March 21, 2024 and March 1, 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0in">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">The description of securities registered under Section 12 of the Exchange Act included as Exhibit 2.2
of the Registrant&#8217;s Annual Report on Form 20-F for the year ended December 31, 2022, as filed with the Commission on April 24, 2023
(Commission File No. 001-39005).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">All documents subsequently filed by the Registrant pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the filing of this Registration Statement and prior to the filing of a post-effective
amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall
be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents,
provided, however, that the Registrant is not incorporating by reference any information in these documents or filings that is deemed
&#8220;furnished&#8221; to and not filed with the Commission (except for documents or information deemed to have been specifically incorporated
by reference as discussed in (3) above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Any statement contained in a document incorporated or deemed to be incorporated
by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement
contained herein or in any subsequently filed document which also is, or is deemed to be, incorporated by reference herein modifies or
supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute
a part of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>&nbsp;</B></P>

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    <TD>&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><B>Item 8. Exhibits.</B></FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 6pt"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="padding-right: 6pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 6pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt; line-height: 102%">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt; line-height: 102%"><FONT STYLE="font-size: 10pt; color: #0000EE; line-height: 102%"><A HREF="https://www.sec.gov/Archives/edgar/data/1766600/000094787119000574/ss146088_ex0401.htm">The Registrant&#8217;s Articles of Incorporation, as currently in effect (incorporated by reference to exhibit 4.1 to the Registrant&#8217;s Registration Statement on Form S-8, filed with the Commission on August 9, 2019 (File No. 333-233156))</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">4.2</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt; line-height: 102%">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt; line-height: 102%"><FONT STYLE="font-size: 10pt; color: #0000EE; line-height: 102%"><A HREF="https://www.sec.gov/Archives/edgar/data/1766600/000119312519199388/d720415dex32.htm">The Registrant&#8217;s bylaws, as currently in effect (incorporated by reference to exhibit 3.2 to the Registrant&#8217;s registration statement on Form F-1/A, filed with the Commission on July 23, 2019 (File No. 333-232573))</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">4.3 </FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt; line-height: 102%">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt; line-height: 102%"><FONT STYLE="font-size: 10pt; color: #0000EE; line-height: 102%"><A HREF="https://www.sec.gov/Archives/edgar/data/1766600/000094787119000574/ss146088_ex0402.htm">Sundial Growers Inc. Restricted and Performance Share Unit Plan July 29, 2019 (incorporated by reference to Exhibit 4.2 to the &nbsp;Registrant&#8217;s registration statement on Form S-8, filed with the Commission on August 8, 2019 (File No. 333-233156))</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">5.1*</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt"><FONT STYLE="font-size: 10pt; color: Black"><A HREF="ss3257383_ex0501.htm">Opinion of McCarthy T&eacute;trault LLP, with respect to the legality of the securities being registered</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">23.1*</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt"><FONT STYLE="font-size: 10pt; color: Black"><A HREF="ss3257383_ex0501.htm">Consent of
    McCarthy T&eacute;trault LLP (included in the opinion filed as Exhibit 5.1)</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">23.2*</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt"><FONT STYLE="font-size: 10pt; color: Black"><U><A HREF="ss3257383_ex2302.htm">Consent of Marcum LLP, independent registered public accounting firm</A></U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">24.1*</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt"><FONT STYLE="font-size: 10pt; color: Black"><U><A HREF="#powerOfAttorney">Power of Attorney (contained on the signature page hereto</A></U></FONT><U><FONT STYLE="font-size: 10pt; color: #0000EE">)</FONT></U></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">107.1*</FONT></TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 3.8pt"><FONT STYLE="font-size: 10pt; color: #0000EE"><U><A HREF="ss3257383_ex1071.htm">Filing Fee Table</A></U></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">* Filed herewith.</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 12pt 5.05pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 5.75pt 12pt 5.05pt; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Pursuant to the requirements of the Securities
Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized,
in the City of New Canaan, State of Connecticut, on this 15th day of April, 2024.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt"><B>SNDL INC.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;/s/ Zachary George</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Name: Zachary George </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Title: Chief Executive Officer </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/102% Times New Roman, Times, Serif; margin: 0 0 9pt; text-align: center; text-indent: 0.25in"><B><A NAME="powerOfAttorney" TITLE="poa"></A>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0; text-align: justify">KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints each of Zachary George, Alberto Paredero Quiros and Matthew Husson as his
or her true and lawful attorney-in-fact and agent, upon the action of any such appointee, with full power of substitution and re-substitution,
to do any and all acts and things and execute, in the name of the undersigned, any and all instruments which each of said attorneys-in-fact
and agents may deem necessary or advisable in order to enable SNDL Inc. to comply with the Securities Act of 1933, as amended (the &#8220;<U>Securities
Act</U>&#8221;), and any requirements of the Securities and Exchange Commission (the &#8220;<U>Commission</U>&#8221;) in respect thereof,
in connection with the filing with the Commission of this registration statement on Form S-8 (&#8220;<U>Registration Statement</U>&#8221;)
under the Securities Act, including specifically, but without limitation, power and authority to sign the name of the undersigned to such
registration Statement and any amendments to such Registration Statement (including post-effective amendments), to file the same with
all exhibits thereto and other documents in connection therewith with the Commission, to sign any and all applications, registration statements,
notices or other documents necessary or advisable to comply with applicable state securities laws, and to file the same together with
other documents in connection therewith with the appropriate state securities authorities, granting unto each of said attorneys-in-fact
and agents full power and authority to do and to perform each and every act and thing requisite or necessary to be done in and about the
premises, as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all
that each of said attorneys-in-fact and agents may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed this 15th day of April, 2024 by the following persons in the following capacities:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%"><B>Signature</B></FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%"><B>Title</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Zachary George</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 10pt/102% Times New Roman, Times, Serif; margin: 0; text-align: center">Chief Executive Officer and Director</P>
    <P STYLE="font: 10pt/102% Times New Roman, Times, Serif; margin: 0; text-align: center">(Principal Executive Officer)</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Zachary George</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Alberto Paredero Quiros</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 10pt/102% Times New Roman, Times, Serif; margin: 0; text-align: center">Chief Financial Officer</P>
    <P STYLE="font: 10pt/102% Times New Roman, Times, Serif; margin: 0; text-align: center">(Principal Financial Officer and Principal Accounting
    Officer)</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Alberto Paredero Quiros</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Non-Executive Chairman and Director</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Greg Mills</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Gregory Turnbull</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Director</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Gregory Turnbull</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Lori Ell</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Director</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Lori Ell</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Bryan Pinney</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Director</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Bryan Pinney</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Director</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-top: 1.65pt; padding-bottom: 1.5pt; text-align: center; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">Frank Krasovec</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 23%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 70%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>AUTHORIZED UNITED STATES REPRESENTATIVE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Pursuant to the requirements of the Securities
Act, this Registration Statement on Form S-8 has been signed below by the undersigned, solely in its capacity as the Registrant&#8217;s
duly authorized representative in the United States, on April 15, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify"><FONT STYLE="letter-spacing: 0.2pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%; border-bottom: black 1pt solid; padding-top: 1.65pt; padding-bottom: 1.5pt; line-height: 82%"><FONT STYLE="font-size: 10pt; line-height: 82%">/s/ Donald J. Puglisi </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 10pt/82% Times New Roman, Times, Serif; margin: 1.65pt 0 1.5pt">Donald J. Puglisi</P>
    <P STYLE="font: 10pt/82% Times New Roman, Times, Serif; margin: 1.65pt 0 1.5pt">Managing Director, Puglisi &amp; Associates</P>
    <P STYLE="font: 10pt/82% Times New Roman, Times, Serif; margin: 1.65pt 0 1.5pt; text-align: right">&nbsp;</P>
    <P STYLE="font: 10pt/82% Times New Roman, Times, Serif; margin: 1.65pt 0 1.5pt; text-align: right">&nbsp;</P>
    <P STYLE="font: 10pt/82% Times New Roman, Times, Serif; margin: 1.65pt 0 1.5pt; text-align: right">&nbsp;</P>
    <P STYLE="font: 10pt/82% Times New Roman, Times, Serif; margin: 1.65pt 0 1.5pt; text-align: right">&nbsp;</P>
    <P STYLE="font: 10pt/82% Times New Roman, Times, Serif; margin: 1.65pt 0 1.5pt; text-align: right">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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{"company-data": {"conformed-name": "SNDL Inc.", "cik": "0001766600", "assigned-sic": "2833", "organization-name": "03 Life Sciences", "irs-number": "000000000", "state-of-incorporation": "A0", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-278683", "film-number": "24844709"}, "business-address": {"street1": "919 11 AVENUE SW", "street2": "SUITE 300", "city": "CALGARY", "state": "A0", "zip": "T2R1P3", "phone": "14039485227"}, "mail-address": {"street1": "919 11 AVENUE SW", "street2": "SUITE 300", "city": "CALGARY", "state": "A0", "zip": "T2R1P3"}, "former-company": {"former-conformed-name": "Sundial Growers Inc.", "date-changed": "20190131"}}
Registration No. 333-
As filed with the Securities and
Exchange Commission on April 15, 2024
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
SNDL INC.
(Exact name of registrant as specified in its
charter)
Province of Alberta
(State or other jurisdiction of incorporation or organization)
Not Applicable
(I.R.S. Employer Identification No.)
#300, 919 – 11 Avenue SW
Calgary, AB, Canada T2R 1P3
(403) 948-5227
(Address, including zip code, and telephone number,
including area code, of registrant's principal executive offices)
SUNDIAL GROWERS INC. RESTRICTED AND PERFORMANCE SHARE
UNIT PLAN JULY 29, 2019
(Full title of the plan)
Corporation Service Company
19 West 44th Street, Suite 200 New York, NY 10036
(Name and address of agent for service)
(800) 927-9800
(Telephone number, including area code, of agent for
service)
With a copy to:
Doreen E. Lilienfeld, Esq.
Shearman & Sterling LLP
599 Lexington Avenue
New York, NY 10022
(212) 848-4000
Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.
See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and
"emerging growth company" in Rule 12b-2 of the Exchange Act.
Large
    accelerated filer
x
Accelerated
    filer
o
Non-accelerated
    filer
o
Smaller
    reporting company
o
Emerging
    growth company
o
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.
o
EXPLANATORY NOTE
SNDL Inc. (the "
Registrant
")
is filing this registration statement on Form S-8 pursuant to and in accordance with General Instruction E of Form S-8 to register
8,000,000 additional common shares, no par value per share ("
Common Shares
"), for issuance under the Sundial Growers
Inc. Restricted and Performance Share Unit Plan July 29, 2019 (the "
Plan
"). The Registrant first registered the offer
and sale of 8,939,255 Common Shares (without giving effect to the Registrant's 10-for-1 share consolidation that became effective
on July 25, 2022 (the "
Share Consolidation
") on a pre-Share Consolidation basis, or 893,926 shares of Common Shares
on a post-Share Consolidation basis) in connection with the Plan on its registration statement on Form S-8 (File No. 333-233156) filed
with the Securities and Exchange Commission (the "
Commission
") on August 8, 2019, subsequently amended by post-effective
amendment on Form S-8 on September 19, 2022 (the "
First Registration Statement
"). On January 19, 2022, the Registrant
registered 21,118,760 additional Common Shares (on a pre-Share Consolidation basis, 2,111,876 Common Shares on a post-Share Consolidation
basis) in connection with the Plan on its registration statement on Form S-8 (File No. 333-262233) filed with the Commission, which was
subsequently amended by post-effective amendment on Form S-8 on September 19, 2022 (the "
Second Registration Statement
").
On September 19, 2022, the Registrant registered 180,000 additional Common Shares in connection with the Plan on its registration statement
on Form S-8 (File No. 333-267510) filed with the Commission on September 19, 2022 (the "
Third Registration Statement
").
On January 17, 2023, the Registrant registered 10,000,000 additional Common Shares in connection with the Plan on its registration statement
on Form S-8 (File No. 333-269242) filed with the Commission on January 17, 2023 (together with the First Registration Statement, the Second
Registration Statement and the Third Registration Statement, the "
Prior Registration Statements
").
In accordance with General
Instruction E of Form S-8, the contents of the Prior Registration Statements filed on August 8, 2019, January 19, 2022 (each as amended
on September 19, 2022, and filed on September 19, 2022) and January 17, 2023 are hereby incorporated by reference. Only those items of
Form S-8 containing new information not contained in the Prior Registration Statements are presented herein.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The following documents filed with the Commission are hereby incorporated
by reference:
(a)
The Registrant's Annual Report on Form 40-F for the year ended December 31, 2023, as filed with
the Commission on March 21, 2024 (Commission File No. 001-39005).
(b)
The Reports on Form 6-K furnished by the Registrant to the Commission pursuant to Section 13(a) or 15(d)
of the Exchange Act on the following dates: April 2, 2024, March 21, 2024 and March 1, 2024.
(c)
The description of securities registered under Section 12 of the Exchange Act included as Exhibit 2.2
of the Registrant's Annual Report on Form 20-F for the year ended December 31, 2022, as filed with the Commission on April 24, 2023
(Commission File No. 001-39005).
All documents subsequently filed by the Registrant pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the filing of this Registration Statement and prior to the filing of a post-effective
amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall
be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents,
provided, however, that the Registrant is not incorporating by reference any information in these documents or filings that is deemed
"furnished" to and not filed with the Commission (except for documents or information deemed to have been specifically incorporated
by reference as discussed in (3) above).
Any statement contained in a document incorporated or deemed to be incorporated
by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement
contained herein or in any subsequently filed document which also is, or is deemed to be, incorporated by reference herein modifies or
supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute
a part of this Registration Statement.
Item 8. Exhibits.
Exhibit Number
Description
4.1
The Registrant's Articles of Incorporation, as currently in effect (incorporated by reference to exhibit 4.1 to the Registrant's Registration Statement on Form S-8, filed with the Commission on August 9, 2019 (File No. 333-233156))
4.2
The Registrant's bylaws, as currently in effect (incorporated by reference to exhibit 3.2 to the Registrant's registration statement on Form F-1/A, filed with the Commission on July 23, 2019 (File No. 333-232573))
4.3
Sundial Growers Inc. Restricted and Performance Share Unit Plan July 29, 2019 (incorporated by reference to Exhibit 4.2 to the  Registrant's registration statement on Form S-8, filed with the Commission on August 8, 2019 (File No. 333-233156))
5.1*
Opinion of McCarthy Tétrault LLP, with respect to the legality of the securities being registered
23.1*
Consent of
    McCarthy Tétrault LLP (included in the opinion filed as Exhibit 5.1)
23.2*
Consent of Marcum LLP, independent registered public accounting firm
24.1*
Power of Attorney (contained on the signature page hereto
)
107.1*
Filing Fee Table
* Filed herewith.
SIGNATURES
Pursuant to the requirements of the Securities
Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized,
in the City of New Canaan, State of Connecticut, on this 15th day of April, 2024.
SNDL INC.
By:
/s/ Zachary George
Name: Zachary George
Title: Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints each of Zachary George, Alberto Paredero Quiros and Matthew Husson as his
or her true and lawful attorney-in-fact and agent, upon the action of any such appointee, with full power of substitution and re-substitution,
to do any and all acts and things and execute, in the name of the undersigned, any and all instruments which each of said attorneys-in-fact
and agents may deem necessary or advisable in order to enable SNDL Inc. to comply with the Securities Act of 1933, as amended (the "
Securities
Act
"), and any requirements of the Securities and Exchange Commission (the "
Commission
") in respect thereof,
in connection with the filing with the Commission of this registration statement on Form S-8 ("
Registration Statement
")
under the Securities Act, including specifically, but without limitation, power and authority to sign the name of the undersigned to such
registration Statement and any amendments to such Registration Statement (including post-effective amendments), to file the same with
all exhibits thereto and other documents in connection therewith with the Commission, to sign any and all applications, registration statements,
notices or other documents necessary or advisable to comply with applicable state securities laws, and to file the same together with
other documents in connection therewith with the appropriate state securities authorities, granting unto each of said attorneys-in-fact
and agents full power and authority to do and to perform each and every act and thing requisite or necessary to be done in and about the
premises, as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all
that each of said attorneys-in-fact and agents may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed this 15th day of April, 2024 by the following persons in the following capacities:
Signature
Title
/s/ Zachary George
Chief Executive Officer and Director
(Principal Executive Officer)
Zachary George
/s/ Alberto Paredero Quiros
Chief Financial Officer
(Principal Financial Officer and Principal Accounting
    Officer)
Alberto Paredero Quiros
Non-Executive Chairman and Director
Greg Mills
/s/ Gregory Turnbull
Director
Gregory Turnbull
/s/ Lori Ell
Director
Lori Ell
/s/ Bryan Pinney
Director
Bryan Pinney
Director
Frank Krasovec
AUTHORIZED UNITED STATES REPRESENTATIVE
Pursuant to the requirements of the Securities
Act, this Registration Statement on Form S-8 has been signed below by the undersigned, solely in its capacity as the Registrant's
duly authorized representative in the United States, on April 15, 2024.
/s/ Donald J. Puglisi
Donald J. Puglisi
Managing Director, Puglisi & Associates