Aurora Cannabis states CanniMed merger plan is prosperous and certainly will finalize takeover soon

Aurora Cannabis states CanniMed merger plan is prosperous and certainly will finalize takeover soon

Aurora Cannabis Inc. announced so it happens to be successful with its C$1.1-billion ($852-million) bid to get CanniMed Therapeutics Inc. The Edmonton-based cannabis business indicated hopes to finalize its acquisition of all of the released and outstanding common stocks of CanniMed when feasible.

Aurora’s announcement came around 90 days after establishing a hostile takeover bid when it comes to Saskatoon-based CanniMed. Its original C$24-per-share offer was indeed considerably less than just just what CanniMed stockholders were ready to simply take.Read More