Cannabis News Box

Aurora Cannabis shareholders shudder as company sells itself short

https://www.newswire.ca/news-releases/aurora-cannabis-announces-ceo-retirement-and-succession-board-of-directors-expansion-and-business-transformation-plan-869307955.html

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 20, 2020

On May 14, 2018, a press release announcing Aurora Cannabis' intention to acquire all of the issued and outstanding common shares of MedReleaf was published. This all-share transaction was valued at approximately CAD$3.2 billion – equivalent to USD$2.3 billion – on a fully-diluted basis. Unfortun...

Aurora sells greenhouse