Aurora Cannabis just bought MedReleaf Australia: find out more

Aurora Cannabis Inc (NASDAQ: ACB) is in focus today after buying the remaining 90% stake in MedReleaf Australia for about AU$50 million ($32.45 million).Details of Aurora-MedReleaf transactionCopy link to sectionThe licensed cannabis producer paid $9.45 million in cash and the remaining in stock. Aurora caught interest in buying MedReleaf because it’s currently the second largest player in medical cannabis in Australia. Miguel Martin – chief executive of the Edmonton-headquartered firm said in a press relea ...