Aurora Cannabis Responds to Curaleaf's Unsolicited Take-Over Bid Intentions
Aurora Cannabis Inc. has responded to a press release from Curaleaf Holdings, Inc. indicating an intention to launch an unsolicited take-over bid for Aurora's shares. Aurora has commented on the announcement.
EDMONTON, AB – Aurora Cannabis Inc. (NASDAQ: ACB, TSX: ACB) has responded to a press release issued by Curaleaf Holdings, Inc. detailing Curaleaf's intention to make a public take-over bid for Aurora's shares. The announcement was made on August 11, 2026.
According to Curaleaf's statement, the company intends to submit a bid for Aurora's shares, with the offer value based on market prices and the fact that it has not received approval from Aurora's board. Aurora confirmed receipt of the press release and has provided commentary on its content, though specific details of the response have not been disclosed.
The potential transaction is subject to various conditions, including regulatory approvals and the absence of competing offers. Industry observers are awaiting further developments from both companies.
Aurora Cannabis is a Canadian-based medical cannabis company with global operations. Curaleaf Holdings is a U.S. company operating in the cannabis sector within the United States.