Top Financial Transactions Made by Public Companies in the Hemp and Cannabis Space

Aurora Cannabis’s (TSX: ACB) C$1.23 billion Acquisition of CanniMed

Aurora Cannabis Inc. (TSX: ACB) (OTCQX: ACBFF), a Canadian based public company, announced a C$1.23-billion-dollar transaction, in cash and stock, to acquire CanniMed Inc. (TMX: CMED). This marks one of the largest deals ever made in the public or private cannabis and industrial hemp sectors.

About the Aurora Cannabis Management Team

 Canopy Growth Corp (TSX: WEED) Officially Completes Raise of $200M in Funding

Canopy Growth Corp (TSX: WEED) announced the company has raised $200,680,000 by selling a total of 5,800,000 common shares at $34.60 per share. The financing was led by co-led by GMP Securities L.P. and BMO Capital Markets and including Canaccord Genuity Corp., Eight Capital, Beacon Securities Limited, and PI Financial Corp.

About the Canopy Growth Management Team

Canadian Company Aphria (TSE: APH) Purchases Nuuvera for $826M to Create International Powerhouse

Aphria (TSE: APH), a leader in medical cannabis in Canada, purchased the international cannabis company Nuuvera (CVE: NUU) for US$669 million dollars in a stock and cash deal.

Nuuvera already has operations setup in England, Germany, Israel, Italy, Spain, and Uruguay which is an enticing selling point to any public company attempting to widen the margins of their footprint on industry. This opens the door for key acquisitions of other companies in the space around the world. Aphira also, already has an existing agreement in Australia by purchasing 25% of Althea, an Austrialian medical cannabis producer.

About the Aphria Management Team

Related posts

Medicine Man Technologies, Inc. Announces Entry into Binding Term Sheets for Two Strategic Cannabis Acquisitions

Gayan Welgama

Harvest One Signs Premium Cannabis Supply Agreement and Provides Facilities Update

Gayan Welgama

Public Companies iAnthus & MPX Bioceutical Announce Official Merger

Editor

Leave a Comment

%d bloggers like this: