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