Dec 19, 2017 – News Today

Aurora takeover bid ‘makes no sense,’ based on inflated share price: CanniMed

CanniMed Therapeutics Inc. fired back at Aurora Cannabis Inc. — which formally launched its hostile takeover bid Friday — saying the Vancouver-headquartered marijuana producer’s management ‘has not demonstrated an ability to execute competently’ and its all-stock offer is based on an ‘inflated Aurora share price.’