Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

Aurora Cannabis Acquires CanniMed with Successful Bid, Brings Dilution of Aurora Shares

Aurora Cannabis Acquires CanniMed with Successful Bid, Brings Dilution of Aurora SharesAurora Cannabis’ offer of $1.1 billion for CanniMed Therapeutics has closed and the two companies will now merge.

The two companies took six weeks to complete the biggest merger or acquisition in cannabis company history.

CanniMed met all the conditions of the Offer and Aurora Cannabis will pay for all tendered CanniMed shares as soon as they can, but not any later than 3 business days after they take the shares. Aurora Cannabis will then issue an estimated 50.6 million Aurora common shares and pay for the tendered CanniMed shares with an estimated cash payment of approximately $98 million.

The dilution of common shares is not an uncommon occurrence with Aurora Cannabis. The number of outstanding shares grew from the initial 16.03 million shares in 2013 to 279.03 million in 2017. The number of shares that Aurora Cannabis has outstanding in 2018 is already over an estimated 398.67 million.

The value of Aurora Cannabis stock (ACB), with the news of the successful bid by Aurora Cannabis was made public on March 9, 2018, saw the highest increase at 4.02% on March 13th.

However, the stock lost the bump in value and is currently (March 14, 2018) at only a $0.10 increase to the stock value before the news first broke.

Aurora Cannabis Acquires CanniMed with Successful Bid, Brings Dilution of Aurora Shares

About Cannin: Your Cannabis Stocks Resource

Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2020. 

Use Cannin as your resource for:

Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Are you looking to buy stock in hemp companies or marijuana companies for 2020? Interested in new penny hemp stock companies? Looking for the best Canadian cannabis stocks to invest in? Looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.

Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?

Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best cannabis stocks – we’ll show you how at

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Best Hemp Stocks to Invest In