Aurora Cannabis Reaffirms Rejection of Curaleaf Hostile Bid

Key Facts

1Aurora Cannabis Board recommended shareholders reject Curaleaf's revised hostile takeover bid, stating it undervalues the company.

2Aurora's Special Committee is actively exploring strategic alternatives to maximize value for its shareholders.

Aurora Cannabis's board of directors recommended that shareholders reject the revised hostile takeover bid from Curaleaf Holdings. According to a statement on PR Newswire, the board believes the offer undervalues the company, while a Special Committee is actively exploring strategic alternatives to maximize shareholder value.

ACB closed at $4.29 on October 13, 2026, having reached a day high of $4.34. Meanwhile, Curaleaf's CURLF closed at $8.82 on October 13, 2026, as the company continues its pursuit of all issued and outstanding common shares of Aurora.