Mergers & AcquisitionsMedium•4 November 2026•
1 min read
Organigram Tables C$561 Million Bid for Aurora Cannabis
Key Facts
1Organigram proposed to acquire Aurora Cannabis for C$561 million at a price of C$7.80 per share.
2The Organigram offer represents a 21% premium over the existing bid from Curaleaf.
3The transaction is supported by a C$187.5 million contribution from British American Tobacco.
Organigram proposed to acquire Aurora Cannabis for C$561 million at a price of C$7.80 per share. Business of Cannabis reported that the offer represents a 21% premium over the existing bid from Curaleaf. The transaction is supported by a C$187.5 million contribution from British American Tobacco.
ACB closed at $5.16 on November 3, 2026, while CURLF closed at $10.14 on the same date. Organigram's move aims to consolidate its position in the cannabis market by outbidding the ongoing hostile takeover attempt by Curaleaf.