Aphria Buying Broken Coast Cannabis for $230M in Stock and Cash

Broken Coast operates an expanding indoor cannabis production facility on Vancouver Island. Licensed marijuana producer Aphria Inc. has signed a deal to buy Broken Coast Cannabis Inc., a cannabis producer on Vancouver Island, in a transaction it valued at $230 million in cash and stock. Under the agreement, Aphria will pay up to $10 million in cash with the remainder in shares based on a deemed price of $15.09 per share. “Adding one of Canada’s…


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