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Curaleaf to launch hostile bid for Aurora Cannabis

PUBLIC · CURLFAug 12, 2026•about 2 hours ago

Acquiring Company

Curaleaf

Acquired Company

Aurora Cannabis

New York

EdmontonMedia And EntertainmentCommunity And LifestyleHealth CareManufacturingAgriculture and Farming

Description

Curaleaf is planning a hostile takeover bid for Aurora Cannabis after its board refused to negotiate. This move comes amid significant stock movements within the cannabis industry. Aurora's current valuation is $226 million, while Curaleaf is valued at $2.2 billion and aims to approach Aurora's shareholders directly.

Company Information

Company

Curaleaf

Location

New York, New York, United States

About

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, and Grassroots provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is the largest vertically integrated cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Canadian Securities Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF.

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Frequently asked

Who acquired Aurora Cannabis?

Aurora Cannabis was acquired by Curaleaf, based in New York. The deal was reported on August 12, 2026. Curaleaf Holdings, Inc. Curaleaf is publicly traded (CURLF) and operates in Media And Entertainment.

When did Curaleaf acquire Aurora Cannabis?

Curaleaf's acquisition of Aurora Cannabis was reported on August 12, 2026. Curaleaf is planning a hostile takeover bid for Aurora Cannabis after its board refused to negotiate. This move comes amid significant stock movements within the cannabis industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aurora Cannabis do?

The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. It is publicly traded (ACB), operating in Manufacturing, and is based in Edmonton.