Aurora Cannabis Increases Cornerstone Investment in Cannabis Retailer Choom with Additional $20,000,000

Aurora Cannabis

CANADA: Aurora Cannabis and Choom Holdings, an emerging adult use cannabis company that has secured one of the largest retail networks in Canada, have announced that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per Common Share, with a Read the full article…

Aurora Cannabis Announces Application To List On The NYSE

Aurora Cannabis Announces Application to List on the NYSE

CANADA: Aurora Cannabis announced today that the Company has filed an application to list its common shares on the New York Stock Exchange. Listing of the Company’s common shares on the NYSE remains subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements. Aurora anticipates that, subject to receipt Read the full article…

Aurora Cannabis Announces $200 Million Debt Facility With Bank Of Montreal

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CANADA:  Aurora Cannabis has agreed to a new $200 million debt facility, with a potential upsize to $250 million, with the Bank of Montreal (“BMO”). The facility will consist of a $150 million term loan and a $50 million revolving credit facility (together, the “Loans”), both of which will mature in 2021. A short period after the implementation of Bill C-45 in October 2018, the Company Read the full article…

Aurora Cannabis Finalizes Largest Acquisition In Cannabis Industry History

Aurora Cannabis Acquires CanniMed

CANADA: Aurora Cannabis has announced today that with the second take-up under its offer to acquire all of the outstanding shares of CanniMed Therapeutics, the Company now owns approximately 95.9% of CanniMed common shares. The Company intends to acquire the remaining outstanding shares it does not already own through a compulsory share acquisition, pursuant to the Read the full article…