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Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  T.ACB.WS.U | ACB

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company’s principal business lines are focused on the production, distribution and sale of cannabis and cannabis-derivative products in Canada and internationally, and the propagation of vegetables and ornamental plants in North America. Its segments include Canadian Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol, IndiMed and CraftPlant. It also has a controlling interest in Bevo Farms Ltd., North America's supplier of propagated vegetables and ornamental plants in North America. Its subsidiaries include Aurora Cannabis Enterprises Inc., Aurora Deutschland GmbH, TerraFarma Inc., Whistler Medical Marijuana Corporation, and Indica Industries Pty Ltd., among others.


TSX:ACB - Post by User

Bullboard Posts
Comment by MartialArtson Mar 28, 2018 1:36pm
247 Views
Post# 27796243

RE:Cmed!

RE:Cmed!
Yes, from a business perspective.  No from a shares perspective.  CMED holders are now subject to a "compulsary share acquisition" which might get very nasty.  CMED holders are likely dumping as fast as they can since they will get "fair market value" from Aurora. And you can't expect that to be good!

......

Aurora Cannabis now owns 95.9% of CanniMed

 

2018-03-28 07:34 ET - News Release

Also News Release (C-CMED) CanniMed Therapeutics Inc

Mr. Terry Booth of Aurora reports

AURORA CANNABIS FINALIZES LARGEST ACQUISITION IN CANNABIS INDUSTRY HISTORY

With the second take-up under its offer to acquire all of the outstanding shares of CanniMed Therapeutics Inc., Aurora Cannabis Inc. now owns approximately 95.9 per cent of CanniMed common shares. The company intends to acquire the remaining outstanding shares it does not already own through a compulsory share acquisition, pursuant to the Canada Business Corporations Act.

Bullboard Posts