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Aurora Cannabis buys Safari Flower Company in deal valued at $26.5 million

PUBT·04/15/2026 11:06:28
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Aurora Cannabis buys Safari Flower Company in deal valued at $26.5 million
  • Aurora Cannabis acquired Safari Flower Company for aggregate consideration valued at USD 26.5 million, including a USD 2 million cash payment contingent on certain conditions.
  • Closing consideration included issuance of 2,417,180 Aurora common shares.
  • Aurora also paid USD 15 million in cash, subject to customary post-closing adjustments.
  • Safari Flower adds a 59,000-square-foot EU GMP certified indoor cultivation and manufacturing facility in Ontario.
  • Transaction is expected to contribute positively to adjusted EBITDA in fiscal 2027, with additional benefits in fiscal 2028 and beyond.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aurora Cannabis Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604150705PR_NEWS_USPR_____TO34351) on April 15, 2026, and is solely responsible for the information contained therein.