ACBFF - Weekly Cannabis Report: Aurora/MedReleaf Canopy Maricann
Welcome to our Weekly Cannabis Report, a reliable source for cannabis investors to receive the latest developments and analysis.
Weekly Note to Readers
The cannabis sector saw its biggest acquisition to-date when Aurora (ACBFF) finally announced the acquisition of MedReleaf (MEDFF) for a headline price of C$3.2 billion. The two companies have previously confirmed the merger talk and the deal should come as no surprise to anyone. Since the IPO in June 2017 for C$9.5, MedReleaf shareholders have been rewarded handsomely for their investment as the deal implies a purchase price of C$28.85 based on