Newstrike Brands Ltd NWKRF

negotiations continue beyond the deadline

[bmorganstock]

CanniMed Therapeutics Inc. remained locked in negotiations with rival marijuana producer Aurora Cannabis Inc. Tuesday as a 5 p.m. deadline passed with no apparent resolution. Aurora and CanniMed have been discussing a possible transaction since last Thursday, twice extending a standstill deadline that was agreed to last week when CanniMed postponed a shareholder vote on its takeover bid for Newstrike Resources Ltd., a third cannabis company. https://business.financialpost.com/commodities/agriculture/aurora-cannimed-shares-dip-as-discussions-around-possible-merger-get-extended-again