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Aurora Cannabis to acquire Safari Flower Company
PUBLIC · ACBSep 16, 2026•about 2 hours ago
Acquiring Company
Aurora Cannabis
Acquired Company
Safari Flower Company
EdmontonOntarioManufacturingAgriculture and FarmingManufacturingAgriculture and FarmingCannabis
Description
Aurora Cannabis has announced the accretive acquisition of Safari Flower Company as part of its strategy to fuel international growth. This acquisition is expected to enhance Aurora's strong market position in the global medical cannabis sector during the second quarter of fiscal year 2027. Aurora aims to leverage its leadership in indoor EU-GMP certified production to expand its presence in key markets.
Company Information
Company
Aurora Cannabis
Location
Edmonton, Alberta, Canada
About
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. Material factors or assumptions involved in developing forward-looking statements include, without limitation, publicly available information from governmental sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which the Company believes to be reasonable.
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70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired Safari Flower Company?
Safari Flower Company was acquired by Aurora Cannabis, based in Edmonton. The deal was reported on September 16, 2026. Aurora Cannabis is publicly traded (ACB) and operates in Manufacturing.
When did Aurora Cannabis acquire Safari Flower Company?
Aurora Cannabis's acquisition of Safari Flower Company was reported on September 16, 2026. Aurora Cannabis has announced the accretive acquisition of Safari Flower Company as part of its strategy to fuel international growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Safari Flower Company do?
Safari Flower Company is an established EU GMP certified cannabis cultivator and manufacturer. The company operates a purpose-built indoor cultivation and manufacturing facility. It is privately held, operating in Manufacturing, and is based in Ontario.
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