$HMMJ.TO

Tilray Brands Announcing a Series of Strategic Initiatives

Aurora Cannabis Acquires Safari Flower Company, Boosting EU GMP Capacity

Aurora Cannabis (ACB.TO) said Wednesday that it has acquired Safari Flower Company, a European certified cannabis cultivator and manufacturer in a transaction valued at $26.5 million.Aurora issued 2.42 million shares and paid the selling shareholder $15 million in cash. The transaction also includes a $2 million cash payment if certain conditions are met, a statement said.This transaction is expected to deliver positive adjusted EBITDA contributions in fiscal year 2027. Safari Flower's 59,000 square foot, indoor cultivation and manufacturing facility, in Ontario, will provide incremental capacity and be used to supply EU GMP flower to Aurora's key markets, including Germany, Australia, Poland, and the UK, and support further market expansion."The acquisition of Safari Flower Company marks an important milestone for Aurora as we continue to purposefully invest in expanding our EU GMP capacity to support the rapidly growing international medical cannabis market," said Aurora chief executive Miguel Martin.Aurora Cannabis shares are unchanged at US$3.53 in New York trading.

Aurora Cannabis Says Buy Expands Its EU GMP Capacity to "Serve Growing High Margin International Markets"

- -Aurora Cannabis Makes "Accretive" Acquisition of Safari Flower Company

Trulieve Cannabis Opening a Medical Cannabis Dispensary in Boca Raton, Florida

Trulieve Cannabis (TRUL.CN) on Monday said is opening a new medical cannabis dispensary in Boca Raton, Florida.The company said the dispensary will carry a "wide variety of popular products" including Trulieve's portfolio of in-house brands such as Co2lors, Cultivar Collection, Modern Flower, Momenta, Roll One, and Sweet Talk."We are excited to serve Palm Beach County patients at this new Boca Raton location," said chief executive Kim Rivers. "Our team is committed to providing patients with exceptional experiences and high-quality products."Shares of the company were last seen unchanged at $8.69 on the Canadian Securities Exchange.

Auxly Cannabis Updated On Stalking Horse Bid for Assets of Ayurcann

Auxly Cannabis Group (XLY.TO) on Monday said that its stalking horse bid for the assets of Ayurcann Holdings Corp. (AYUR.CN) was not selected as the successful bid in the court-supervised sale process.As previously disclosed, the stalking horse bid was submitted in the Ayurcann sale process concurrently with Auxly providing debtor in possession financing to Ayurcann in a principal amount of up to $2.0 million.Pursuant to the terms of the sales process, Auxly's bid has been selected as the "Back-Up Bid" in accordance with the sale process rules and, should the successful bid not close by May 15, 2026, will be the winning bidder at its original stalking horse bid amount.As part of the closing of the successful bid, the DIP Facility will be repaid, including interest, by the successful bidder. Additionally, the Break Fee and Expense Reimbursement contemplated in the stalking horse bid will be paid to the company as part of the closing of the successful bid.Hugo Alves, CEO of Auxly, in a statement said: "Our stalking horse bid for Ayurcann was opportunistic in nature and contingent on exceeding our internal return thresholds. Our team will continue to pursue non-organic growth opportunities with vigilance where there is a strong strategic fit and, in the meantime, we can continue to focus on growing our business organically. We expect to generate significant free cash flow in 2026 and we are evaluating all our capital allocation alternatives to maximize shareholder value."Shares of Auxly were last seen unchanged at $0.125 on the Toronto Stock Exchange.

Trulieve Cannabis to Open Medical Cannabis Dispensary in Lutz, Florida

Trulieve Cannabis (TRUL.CN) on Friday announced the opening of a new medical cannabis dispensary in Lutz, Florida, on April 11.The company said that the new dispensary will carry a "wide variety of popular products" including Trulieve's portfolio of in-house brands such as Cultivar Collection, Modern Flower, Momenta, Roll One, and Sweet Talk.In a statement the company noted that customers will also have access to "beloved partner brands" such as Alien Labs, Bellamy Brothers, Binske, Black Tuna, Blue River, Connected Cannabis, DeLisioso, Khalifa Kush, Love's Oven, Miami Mango, Seed Junky, and Sunshine Cannabis, all available exclusively at Trulieve in Florida."Providing high-quality products in a welcoming environment is central to our mission," said Trulieve's Chief Executive Officer Kim Rivers. "We are thrilled to offer patients in Hillsborough County convenient and compassionate care as part of their wellness journey."Shares of the company were last seen unchanged at $8.87 on the Canadian Securities Exchange.Price: $8.91, Change: $+0.04, Percent Change: +0.45%