Aurora Cannabis buying Whistler Medical Marijuana in deal worth up to 175M

first_imgCompanies in this story: (TSX:ACB) EDMONTON — Aurora Cannabis Inc. has signed a deal to buy Whistler Medical Marijuana Corp. in an all-stock deal worth up to $175 million, including certain milestone payments.Edmonton-based Aurora says the acquisition of the privately held company is expected to provide it with a suite of premium and organic certified products.Whistler operates two indoor licensed production facilities, include one in Whistler, B.C.,  and another a short drive from the resort town.Once the second location reaches full capacity, the facilities are expected to have a combined production capacity of over 5,000 kilograms per year.The deal is subject to customary closing conditions, as well as third party and regulatory approvals.Shares in Aurora closed at $8.47 on the Toronto Stock Exchange on Friday. The Canadian Presslast_img

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