Aurora Cannabis to buy Thrive for $38M

Mugglehead
By Nick LabaMar 22, 2022, 11:20 pm210 pts
Canadian cannabis giant Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) is set to buy premium producer Thrive, and put its team at the head of Aurora’s recreational portfolio. On Tuesday, the firm said the acquisition is based on an initial $38 million payable in cash and stock, plus two earnouts based on…

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