Acquiring Company
Aurora Cannabis
Acquired Company
MedReleaf Australia
Edmonton
BrisbaneManufacturingBiotechnologyAgriculture and FarmingHealth CareMedicalCannabisPharmaceutical ManufacturingDescription
Aurora Cannabis Inc., a leading global medical cannabis company based in Canada, has acquired the remaining approximately 90% equity interest of MedReleaf Australia. The acquisition is valued at AUD$50 million and is expected to provide a meaningful platform for Aurora to continue growing its leading global medical cannabis position in Australia and other APAC countries.
Quick answer
Aurora Cannabis is acquiring MedReleaf Australia, announced February 8, 2024. Aurora Cannabis is based in Edmonton, Alberta, Canada.
- How much did Aurora Cannabis pay for MedReleaf Australia?
- The deal value was not disclosed.
- Where are Aurora Cannabis and MedReleaf Australia based?
- Aurora Cannabis is based in Edmonton, Alberta, Canada. MedReleaf Australia is based in Brisbane, Queensland, Australia.
- Who are the decision-makers at Aurora Cannabis?
- Fundz holds 3 contacts at Aurora Cannabis. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Aurora Cannabis, and when
When Aurora Cannabis changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Aurora Cannabis raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Aurora Cannabis, from your own LinkedIn network
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Related People
Frequently asked
Who acquired MedReleaf Australia?
MedReleaf Australia was acquired by Aurora Cannabis, based in Edmonton. The deal was reported on February 8, 2024. Aurora Cannabis is publicly traded (ACB) and operates in Manufacturing.
When did Aurora Cannabis acquire MedReleaf Australia?
Aurora Cannabis's acquisition of MedReleaf Australia was reported on February 8, 2024. Aurora Cannabis Inc., a leading global medical cannabis company based in Canada, has acquired the remaining approximately 90% equity interest of MedReleaf Australia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MedReleaf Australia do?
MedReleaf Australia is a leading distributor of medical cannabis products and holds the #2 position in the Australian medical cannabis market. The company has connected clinicians with patients nationwide and positively impacted thousands of lives. It is privately held, operating in Pharmaceutical Manufacturing, and is based in Brisbane.
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