Mergers & AcquisitionsMedium•3 November 2026•
1 min read
Organigram Acquires Aurora Cannabis for C$561 Million
Key Facts
1Organigram announced the acquisition of Aurora Cannabis in a deal valued at approximately C$561 million.
Organigram announced the acquisition of Aurora Cannabis in a deal valued at approximately C$561 million. Investing.com reported that the agreement represents a major consolidation in the cannabis sector, aimed at scaling operations and market share.
ACB closed at $4.22 on November 2, 2026, with the stock reaching a day high of $4.34 and a low of $4.09 during the session. This M&A activity involving a major player typically triggers volatility and impacts the sentiment surrounding the target company's equity.