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Canadian Merger Aims to Create ‘World’s Largest Cannabis Company’

The rapid consolidation of Canada’s cannabis sector continued today when two of the nation’s largest licensed producers announced the biggest transaction in the country’s cannabis sector to date. Aurora Cannabis intends to buy all common shares of MedReleaf, merging the two companies into one. The companies said the deal, which is subject to shareholder approval, is worth C$3.2 billion

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