StockTalk | Cannabis Report: Potent Q2 results

Curaleaf's Aurora Bid Is a Fight for Europe's Cannabis Crown

Curaleaf Holdings (CURA) announced this week that it intends to launch an unsolicited take-over bid of its rival Aurora Cannabis (ACB) in what would mark one of the most consequential consolidation moves in industry history.  On August 11, Curaleaf, now one of the largest cannabis companies in the world by revenue, informed investors that it intended to make an offer to purchase all of the issued and outstanding shares in Aurora at US$4.00 per s…

StockTalk | Cannabis Report: Potent Q2 results

Curaleaf to acquire Aurora Cannabis. (Source: Google Gemini. Generated by AI) Curaleaf (TSX:CURA) intends to make a takeover bid for Aurora Cannabis (TSX/NASDAQ:ACB) at $4 per share, representing a 45 per cent premium to the company’s 30-day volume-weighted average price, which would make the resulting entity one of the largest and most diversified cannabis companies in the world. Click here for the full story. Top cannabis news stories 1 | Cano…

Curaleaf's US$272M Takeover Bid for Aurora Cannabis

Curaleaf Holdings (TSX:CURA,OTCQX:CURLF) announced plans to launch an unsolicited US$272 million takeover bid directly to shareholders of Aurora Cannabis (TSX:ACB,NASDAQ:ACB), taking its buyout proposal public after the Canadian producer's board repeatedly refused to negotiate.The cannabis operator is proposing an implied consideration of US$4.00 per share, with a cap of US$5.00 per share. Under the proposed terms, Aurora shareholders would rece…