2018-01-30

Canadian cannabis companies go global in $670 million deal

Aphria Inc. agreed to buy Nuuvera Inc., a global cannabis company based in Brampton, Ontario, for about C$826 million ($670 million) in cash and stock. The offer of about C$8.50 a share is 21 percent higher than Nuuvera's closing price on Friday. The deal is part of a growing wave of consolidation in ...

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