Aurora to Buy ICC Labs for $290M as Cannabis Firms Eye South America

Cannabis Business Times
Sep 10, 2018, 10:54 am238 ptsTrending
Aurora Cannabis Inc. has agreed to purchase Uruguay-focused ICC Labs Inc. in an all-stock deal valued at approximately $290 million, as cannabis producers look to South America for growth beyond Oct. 17 when recreational marijuana use becomes legal in Canada. Under the friendly deal, ICC shareholders will…

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