Aurora Cannabis Urges Shareholders to Ignore Curaleaf Takeover Bid
The company advised shareholders to take no action following an unsolicited bid from Curaleaf Holdings Inc.
Aurora Cannabis Inc. (ACB), a cannabis operator, urged its shareholders to take no action at this time regarding an unsolicited take-over bid from Curaleaf Holdings Inc..
The company cautioned that various factors could adversely affect its results, including product demand, competition, and changes in the prices of required commodities. Aurora Cannabis also cited potential risks related to changes in industry laws, rules, and regulations, as well as the possibility of epidemics, pandemics, or other public health crises.