cannimed

Hostile takeovers haven't been part of the discussion about marijuana stocks. Until now. When Aurora Cannabis submitted an acquisition proposal to CanniMed Therapeutics' board of directors in November, it hoped there would be mutual agreement that a combination of the two Canadian marijuana...

When discussing the fastest-growing industries in the United States, legal marijuana is probably at or near the very top of the list. According to Marijuana Business Daily's newest report, "Marijuana Business Factbook 2017," U.S. weed sales are expected to grow 30% in 2017, 45% the following...

CanniMed Therapeutics, a Saskatchewan-based licensed cannabis producer has rejected a hostile takeover bid from Aurora Cannabis, setting up the first in a series of potential showdowns between Big Weed and smaller producers they are attempting to acquire ahead of legalization. If the hostile...

Look out, Canopy Growth Corporation. Your reign as the pure-play marijuana stock with the highest market cap might not last for long. On Tuesday, Aurora Cannabis announced that it had submitted a proposal to acquire all shares of another Canadian marijuana grower, CanniMed Therapeutics...

Aurora Cannabis Inc. proposed the largest takeover bid in Canada's nascent marijuana market in an attempt to expand its reach into Europe. Aurora said late Tuesday it offered to acquire CanniMed Therapeutics Inc. in an all-stock, C$582 million ($455 million) deal that values the Saskatoon...