Tag Archives: Deal

Aurora Cannabis to Buy Rival to Create World's Most Valuable Weed Firm

Aurora Cannabis to Buy Rival to Create World’s Most Valuable Weed Firm

Aurora Cannabis to Buy Rival to Create World’s Most Valuable Weed Firm

Canada’s No. 2 marijuana producer Aurora Cannabis Inc has agreed to buy smaller rival CanniMed Therapeutics Inc for C$1.1 billion ($852 million) as companies jostle to benefit from the country’s legalization of recreational marijuana use later this year.

Canadian Cannabis Firm Aurora in Talks to Buy Both CanniMed and Newstrike

Cannabis Firm Aurora in Talks to Buy Both CanniMed and Newstrike

Canadian marijuana producer Aurora Cannabis Inc (ACB.TO) is in talks with rivals CanniMed Therapeutics Inc (CMED.TO) and Newstrike Resources Ltd (HIP.V) to buy both businesses in a friendly deal that would create the nation’s top weed company, people familiar with the matter told Reuters on Friday.

Aurora Cannabis Opposes CanniMed's Bid for Newstrike Resources

Aurora Cannabis Opposes CanniMed’s Bid for Newstrike Resources

Medical marijuana company Aurora Cannabis Inc said on Monday its acquisition-target CanniMed Therapeutics Inc’s plan to buy smaller rival Newstrike Resources Ltd was a “terrible deal” for CanniMed shareholders.

Trump Extends Cannabis Protections 'Til December as Plans for Study, States Remain Hazy

Trump Extends Cannabis Protections ‘Til December as Plans for Study

In his temporary budget-dealing with Democrats, President Trump has agreed to continue a ban on using federal funds to interfere in states’ legal cannabis practices, but as 2018 nears, a government stance is largely still up in the air.


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