Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Aurora Cannabis acquires 90% of MedReleaf Australia for $44M to expand in Australia's $400M medical cannabis market.
Aurora Cannabis, a Canadian cannabis company, has acquired 90% of Australian medical cannabis company MedReleaf Australia for approximately $44 million.
This acquisition is positioned to accelerate Aurora's path to positive free cash flow generation by leveraging Australia's growing medical cannabis market, which is now estimated at $400 million.
Aurora has experienced a third-quarter net loss of $25.5 million (CAD) but remains committed to its strategic expansion plan.
35 Articles
Aurora Cannabis adquiere el 90% de MedReleaf Australia por 44 millones de dólares para expandirse en el mercado de cannabis medicinal de Australia, valorado en 400 millones de dólares.