Accueil » Financer

Aurora Cannabis to Acquire CBD-Maker Reliva

23 Mai, 2020, 04:38 | Auteur: Auguste Feret
  • Aurora Cannabis Buys Reliva, Enters US CBD Market

Aurora Cannabis Inc. announced Wednesday it will acquire USA hemp retailer Reliva LLC, a move that marks the Canadian pot giant's first official foray south of the border.

Aurora Cannabis Inc. says it is entering the US market by acquiring hemp-based cannabidiol company Reliva LLC. "Reliva [also] has access to 20,000 retail locations and even more important strong relationships with the leading wholesalers and distributors in the U.S".

"Reliva provides us options to grow in hemp-derived CBD internationally", he said. The company also has strong relationships with leading United States wholesalers. We welcome Miguel Martin and his team to Aurora and look forward to the opportunity to increase our operating scale, global reach, and product and brand diversity as we drive. profitability.

Aurora said it will pay US$40 million in stock to buy Reliva, plus up to US$45 million in cash or stock depending on whether certain financial targets are hit.

Trump says may attend SpaceX manned rocket launch
That includes the Russian space agency Roscosmos, which had concerns past year about the uncrewed Demo-1 mission to the station. Now, with the launch fast approaching, it's an all-hands-on-deck scenario for SpaceX and NASA staff at Kennedy.

Packers’ Montravius Adams faces marijuana, driving charges
He finished with 26 tackles and 1 ½ sacks in 2018 while playing 16 games and making one start. It was not immediately clear why police had such suspicions.

Une "réussite stratégique majeure" contre la Covid-19 — Chine
En réaction au marasme généralisé, le pays va laisser filer son déficit cette année à 3,6% du PIB (contre 2,8% l'an dernier). La Chine a largement jugulé l'épidémie sur son territoire et les restrictions de déplacement sont progressivement levées.

According to Singer, the deal supports the short-term goal of Aurora achieving profitability in the next fiscal year and the longer-term goal of entering the US CBD and cannabis market.

Proven management team with extensive experience selling and marketing regulated consumer packaged goods (CPG).

The company said the transaction will create a large and diversified pure-play global cannabinoid company.

Aurora says it was attracted to Reliva because of its management team's experience selling and marketing regulated consumer packaged goods, its relationships with critical trade partners that provide a USA national distribution footprint and its financial discipline.

Conseillé:



Populaire

Pochettino outlines his 'dream' to return to Tottenham
For sure, from now since the day I left the club, my dream is to one day be back and to try and finish the work we didn't finish. The Sky Sports pundit says that: 'Pochettino is the best possible manager Newcastle could get at this moment in time'.

More Than A Third Of Mass. Nursing Homes Failed New State Audit
Josh Harder, D-Turlock, is calling for nursing homes to test all residents, a potentially costly endeavor he argues must be done. A growing number of states have begun to mandate testing, but the decision is coming almost two months into the pandemic.

Pakistan International Airlines passenger flight crashes in Karachi
Pakistan International's chairman resigned in late 2016, less than a week after the crash of an ATR 42 turboprop killed 47 people. Footage shared online shows large plumes of smoke in the air near the crash site and emergency services rushing to the site.

Les Oscars pourraient être reportés pour cause de pandémie de coronavirus
Mardi, l'impact de la pandémie de coronavirus sur l'industrie cinématographique a été mis en garde médias spécialisés Variété . L'édition 2021 des Oscars pourrait être reportée.

NCAA: All athletes may resume voluntary on-campus activities June 1
Consistent with NCAA regulations, organized practices and other required physical activities remain prohibited in all sports. As the COVID-19 pandemic shut down sports across the country, it was a similar case for the SEC.

Rummenigge confirme pour Coutinho — Bayern
Accueilli dans l'enthousiasme en août dernier et présenté comme un joueur capable d'éclairer de son talent la Bundesliga, Coutinho n'a jamais réussi à convaincre.

Here Is How Coronavirus Can Wreck Your Body, Survivor Shares Shocking Photo
He could not hold his cellphone and felt it was heavy. "I couldn’t type, because my hands shook so much", he recalled. The 43-year-old nurse from San Francisco shared a before-and-now photo to his 30,000 Instagram followers.

Manchester United suing Football Manager for trademark infringement
In their action, United claims this deprives the registered proprietor of its right to have the club crest licensed. The judge, Mr Justice Morgan, has reserved his ruling on this for a later date.

F1: Lauda est "dans mon esprit à chaque course", affirme Hamilton
L'an dernier, le sextuple Champion du monde lui avait rendu hommage en portant l'un de ses designs de casque à Monaco. Nous avons commencé à discuter en 2012 et je me souviens d'avoir reçu un appel de Niki, alors que j'étais chez moi.

Disney World to Submit Reopening Plans Next Week
Orange County has stated that the Universal Orlando Resort will be the first of the major theme parks to give their presentation. The partial reopening of Disney Springs this week is the beginning of Disney's phased approach to fully opening its doors again.

Dernier

Tendances