Aurora sold its stake in the Green Organic Dutchman for $86.5M, in a deal coordinated by “a syndicate of Canadian banks.”
Yahoo Finance
After first struggling to find buyers in a chilly sector, Aurora was able to find investors who bought shares discounted from $3.14 to $3 each.
Globe and Mail, Twitter—Mark Rendell
The banks remain gun shy about working with cannabis, and this week investors reported BMO ceased allowing cannabis stocks to be shorted.
Financial Post
Quick Hits
- Hemp-reinforced concrete is becoming so popular that hemp producers are struggling to keep up with demand.
Bloomberg