Aurora launching hostile takeover for rival CanniMed

Aurora Cannabis said Monday it is proceeding with a hostile takeover attempt for CanniMed Therapeutics this week after the rival medical marijuana producer rebuffed its initial friendly bid for 544 million Canadian dollars ($425 million) in stock. The hostile bid represents a new development in Canada’s emerging marijuana industry ahead of next year’s planned legalization […] Aurora launching hostile takeover for rival CanniMed is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs