Operator

Good morning, and welcome to SNDL's First Quarter 2026 Financial Results Conference Call. This morning, SNDL issued a press release announcing their financial results for the first quarter of 2026 ended on March 31, 2026. This press release is available on the company's website at sndl.com and filed on EDGAR and SEDAR as well. The webcast replay of the conference call will also be available on the sndl.com website. SNDL has also posted a supplemental investor presentation in addition to the conference call presentation we will be reviewing today on its sndl.com website.

Presenting on this morning's call, we have Zach George, Chief Executive Officer; and Alberto Paredero, Chief Financial Officer. Before we start, I would like to remind investors that certain matters discussed in today's conference call or answers that may be given to questions could constitute forward-looking statements. Actual results could differ materially from those anticipated. Risk factors that could affect results are detailed in the company's financial reports and other public filings that are made available on SEDAR and EDGAR. Additionally, all financial figures mentioned are in Canadian dollars unless otherwise indicated. We will now make prepared remarks, and then we'll move on to the analyst questions.

I would like now to turn the call over to Zach George. Please go ahead.

Zachary George
CEO & Non Independent Director

Welcome to SNDL's Q1 2026 Financial and Operational Results Conference Call. During the first quarter of 2026, SNDL faced notable challenges beyond the usual seasonality that typically