Aurora Cannabis Stock Fails to Hold Gains After Company Unveils Plan to Buy Mexican Partner

Rest of sector mixed after rally sparked by Altria investment in Cronos Just days after Aurora Cannabis Inc. announced a supply deal with Mexico’s Farmacias Magistrales SA, the Canadian cannabis company said it has entered a letter of intent to buy all of the company’s outstanding shares in an all-stock deal. Farmacias is Mexico’s first and, for now, only federally licensed importer of raw materials containing THC, the psychoactive ingredient in cannabis, Aurora ACB, -0.35%…


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