Mergers & AcquisitionsMediumUpdated•Originally published 3 November 2026•Updated 3 November 2026•
1 min read
Organigram to Acquire Aurora Cannabis for C$7.80 Amid Hostile Curaleaf Bid
Key Facts
1Organigram announced an agreement to acquire all issued and outstanding shares of Aurora Cannabis at a price of C$7.80 per share.
2Trading of Aurora Cannabis shares on the TSX was halted on November 3, 2026, pending this material announcement.
Organigram announced an agreement to acquire all issued and outstanding shares of Aurora Cannabis at a price of C$7.80 per share. Business Wire reported that the deal comes amid a hostile takeover bid for Aurora Cannabis from Curaleaf. According to CIRO, trading of Aurora Cannabis shares on the TSX was halted on November 3, 2026, pending the material announcement.
ACB closed at $4.22 on November 2, 2026, while OGI closed at $0.9651 on the same date. The merger aims to combine the resources of Organigram and Aurora Cannabis to create a global industry leader, while the competing hostile bid from Curaleaf introduces a new layer of corporate competition for the entity.