Insights and Stories on Aurora Cannabis

Oct. 2, 2019 at 5:49 pm CDT

New York | Reuters — Wall Street’s love of cannabis appears to be going up in smoke as vaping-related ailments and missed revenue projections are prompting short sellers to raise their bets against the industry, fund managers and analysts said on Wednesday. Short interest in cannabis stocks, which reflects bets […]

By David Randall

Sep. 20, 2018 at 2:02 pm CDT

Reuters — Canada’s Aurora Cannabis said Thursday it plans a U.S. listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis in the country next month. Several U.S. […]

By Reuters

May. 14, 2018 at 3:46 pm CDT

Reuters — Aurora Cannabis will buy rival MedReleaf Corp. for $3.2 billion in the biggest deal yet to unify major Canadian pot growers, as the country moves toward legalizing marijuana for recreational use. The deal announced Monday is the latest in a wave of mergers in the industry as marijuana […]

By John Benny, Nichola Saminather

Jan. 19, 2018 at 6:13 pm CST

Toronto | Reuters — Canadian marijuana producer Aurora Cannabis is in talks with rivals CanniMed Therapeutics and Newstrike Resources to buy both businesses in a friendly deal that would create the nation’s top weed company, people familiar with the matter told Reuters on Friday. The deal signals an easing of […]

By John Tilak, Nichola Saminather

Dec. 11, 2017 at 7:41 pm CST

Reuters — Medical marijuana company CanniMed Therapeutics has asked federal regulators to intervene as it seeks to prevent a hostile takeover by bigger rival Aurora Cannabis Inc. Saskatoon-based CanniMed said Monday it asked the Financial and Consumer Affairs Authority of Saskatchewan and the Ontario Securities Commission to declare that Aurora’s […]

By Reuters