Organigram Agrees to Buy Aurora Cannabis for C$560 Million
Organigram agreed to acquire Aurora Cannabis for a total of C$560 million. The deal tops Curaleaf’s long-running hostile bid for Aurora.
By Bill AlpertKeeping a critical Canadian crop in-house, Organigram Global agreed Tuesday to buy its compatriot marijuana producer Aurora Cannabis for $7.80 Canadian per share, or C$560 million.The deal tops a long-running hostile bid for Aurora by U.S. weed chain Curaleaf Holdings.The Canadian com…