Aurora Cannabis and MedReleaf: Is A mega cannabis merger under Method?

Aurora Cannabis and MedReleaf: Is A mega cannabis merger under Method?

Aurora Cannabis Inc. is the 2nd biggest cannabis that are canadian company with an industry capitalization of $4.5 billion. MedReleaf Corp., on one other hand, may be the third biggest with market cap of $2.2 billion.

Sufficient reason for talks brewing about those two thinking about a mega merger, everybody else is keeping their breath. Because if number two and number 3 accompanied forces, they might inevitably increase to be no. 1. That could suggest they might surpass Canopy development Corp., which presently has an industry limit of $5.97 billion.

Aurora and MedReleaf verify speaks

Aurora and MedReleaf the other day confirmed that they are in talks.

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In a declaration, the Markham, Ontario-based MedReleaf said that, from time to time, it engages in speaks along with other industry players, including Aurora Cannabis, regarding “various options.” a statement that is separate Aurora stated the exact same. Continue reading “Aurora Cannabis and MedReleaf: Is A mega cannabis merger under Method?”