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Aurora Cannabis Buys Anandia Laboratories in All-Stock Deal Valued at $115 Million

Anandia provides research and development services as well as analytical testing for clients licensed under Canada’s medical cannabis rules.

Cannabis Plant Adobe Stock Credit Miravision Resized

June 13, 2018

Aurora Cannabis Inc. has signed an agreement to buy Anandia Laboratories Inc. in an all-stock deal valued at $115-million.

Anandia provides research and development services as well as analytical testing for clients licensed under Canada’s medical cannabis rules.

Aurora CEO Terry Booth says the deal expands his company’s capabilities and will help accelerate product development.

Top Image: © Miravision | Adobe Stock

LEVIA Original Founders Reacquiring Cannabis Beverage Brand From Ayr Wellness

Bountiful Farms Expands to Adult-Use Retail With Plans to Open 2 Massachusetts Dispensaries

Standard Wellness Acquires Greenstock, Expands Ohio Dispensary Footprint

High Tide Closes Acquisition of a Majority Stake in Remexian Pharma GmbH

LEVIA Original Founders Reacquiring Cannabis Beverage Brand From Ayr Wellness

Kristin and Eric Rogers signed a definitive agreement to take back the Massachusetts-based brand that’s been on the market since 2021.

Bountiful Farms Expands to Adult-Use Retail With Plans to Open 2 Massachusetts Dispensaries

The licensed cultivator and wholesaler is planning grand openings later this month at stores in Rowley and Framingham.

Bountiful Farms

Standard Wellness Acquires Greenstock, Expands Ohio Dispensary Footprint

The cannabis company’s $1.35 million acquisition is for a fourth retail facility in the Buckeye State.

High Tide Closes Acquisition of a Majority Stake in Remexian Pharma GmbH

The cannabis company completed the deal for a 51% interest in Remexian for €26.4 million and has a five-year option for the remaining 49% interest.

Agrify Acquires Brand Portfolio From Green Thumb for $50M

The company is changing its name to RYTHM following the acquisition, which also includes Dogwalkers and Beboe, and will trade on Nasdaq.

High Tide to Become Major Player in German Medical Cannabis Market Through €27.2 Million Acquisition

The Canadian cannabis company signed an agreement to acquire a majority stake in Remexian Pharma GmbH.

High Tide Inc Germany

Cresco Labs Exiting California Cannabis Market

The company is divesting its cultivation and manufacturing assets, as well as certain distribution operations, as part of a strategic restructuring plan.

Curaleaf Buys Out Minority Partner in Curaleaf International

The transaction with an institutional investor brings the cannabis company’s stake in its European holding company to 100%.

Blüm Holdings Signs $5M Agreement to Acquire Northern California Cannabis Dispensary

The new dispensary will join Blüm’s growing portfolio, which includes three other Northern California stores and a recently acquired Bay Area location.

Blum Holdings

Jones Soda Co. Divests Cannabis Beverage Business for $3 Million

The Seattle-based craft beverage company sold its cannabis segment to MJ Reg Disrupters, including its Mary Jones brand assets.

Aurora Cannabis Denies 2nd ‘False’ News Report of Acquisition of MedLeaf Therapeutics

The Canadian cannabis company advised stakeholders of news reports on Investing.com that was generated ‘with the support’ of artificial intelligence.

High Times Magazine Acquired for $3.5M by RAW Rolling Papers Owner

Entrepreneur Josh Kesselman plans to revive the brand’s print edition, website and iconic Cannabis Cup following the all-cash transaction.

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