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July 15th, 2020

Aphria & Aurora Cannabis Proposed Merger Fails to Take Off

Giantweed Canada has reprinted the article Aphria & Aurora Cannabis Proposed Merger Fails to Take Off from Cannabis Training University.

Aphria and Aurora Marijuana proposed merger fails to take off. Mergers and acquisitions sign.

  A proposed merger between Aphria Inc. and Aurora Cannabis Inc.​ has failed to take off because the two could not agree on how to compensate the executives. This “leaked information” was first reported by BNN Bloomberg. It is reported that the merger discussions between the two cannabis giants were at an advanced stage. Unfortunately, the merger failed to materialize because the parties could not come to an amicable agreement. As is common with many mergers and acquisitions, the two could not agree on board composition and compensation. When this happened the companies agreed to step back from the discussions. […]

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