EDMONTON, AB – Aurora Cannabis Inc. acquired Safari Flower Company, an EU GMP-certified Canadian cannabis cultivator and manufacturer. The transaction was valued at C$26.5 million in the form of 2,417,180 common shares $15 million in cash
Strategic rationale
Safari Flower Company’s 59,000 square foot, purpose-built, EU GMP-certified indoor cultivation and manufacturing facility in Ontario, Canada, will provide incremental capacity, which will be used to supply EU GMP flower to Aurora’s key international markets, including Germany, Australia, Poland, and the UK.
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