The first week of 2018 has seen a number of deals in Canada’s cannabis industry — a busy start to a year that is expected to include the legalization of recreational pot and plenty of mergers and acquisitions in the sector in general. Here’s a round up of some of the most notable transactions from the past seven days:
On Friday, Edmonton-based Aurora Cannabis Inc. announced that it had struck a $55-million deal to buy, via private placement, an initial 17.62 per cent stake in Ancaster, Ont.-based The Green Organic Dutchman Holdings Ltd. (TGOD).
Read the full article from Financial Post.
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SOURCE: Zochodne, G. (2018, January 8). Financial Post. Cannabis sector deal-making already off to a hot start in 2018. Retrieved from http://business.financialpost.com/commodities/agriculture/cannabis-sector-deal-making-already-off-to-a-hot-start-in-2018