WS #16774
Organigram agreed to acquire rival Aurora Cannabis in a cash and stock deal valued at C$561m, supported by British American Tobacco's strategic stake. This consolidation in the cannabis sector aims to create a more efficient combined entity. Meanwhile, Ethos Technologies saw its stock jump 10% after reporting 151% revenue growth and raising its outlook, demonstrating strong performance in the life insurance platform space.
Mergers and Acquisitions
Organigram agreed to acquire rival Aurora Cannabis in a cash and stock deal valued at C$561m, supported by British American Tobacco's strategic stake. This consolidation in the cannabis sector aims to create a more efficient combined entity. Meanwhile, Ethos Technologies saw its stock jump 10% after reporting 151% revenue growth and raising its outlook, demonstrating strong performance in the life insurance platform space.