Hempco: Why Did Aurora Cannabis Acquire Hempco Food and Fibre?

Following the completion of a plan of arrangement, Aurora Cannabis (NYSE: ACB) (TSX: ACB) has acquired all of the issued and outstanding common shares of Hempco Food and Fiber (TSX-V: HEMP). To acquire shares of Hempco not already owned by Aurora, the company invested approximately C$63.4 million on a fully diluted basis. Hempco is now a wholly-owned subsidiary of Aurora. The [...]The post Why Did Aurora Cannabis Acquire Hempco Food and Fibre? appeared first on Market Exclusive.