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  • Post Time Posted January 14, 2019

Aurora Cannabis Inc. has agreed to purchase Whistler Medical Marijuana Corp. in an all-stock deal worth up to $175 million.


Whistler Medical Marijuana currently operates two growing facilities in the ski mountain resort area.

Once the company’s second location reaches full capacity, the combined production capacity will have over 5,000 kilograms per year.

The deal sets up Aurora Cannabis with a premium grower that differentiates itself with organically certified products.

The deal is subject to customary closing conditions, as well as third-party and regulatory approvals.

Source: https://business.financialpost.com/cannabis/aurora-cannabis-buying-whistler-medical-marijuana-in-deal-worth-up-to-175m

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