Aurora Cannabis to buy remaining interest in Hempco Food and Fiber

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EDMONTON – Aurora Cannabis Inc. plans to acquire the remaining 48 per cent of Hempco Food and Fiber Inc. that it does not already own through an exchange of shares. Under a friendly agreement between the companies, Edmonton-based Aurora will pay the equivalent of $1.04 per Hempco share, payable in Aurora shares. Hempco shares closed at 91 cents on the TSX Venture Exchange on Monday, while Aurora shares closed at $11.37 on the Toronto Stock Exchange.

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