Business
The Canadian Press
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Updated: April 15, 2026 at 1:04PM EDT
Published: April 15, 2026 at 8:10AM EDT
Cannabis seedlings are shown at an Aurora® Cannabis facility in Montreal. THE CANADIAN PRESS/Ryan Remiorz
EDMONTON — Aurora Cannabis Inc. has bought Safari Flower Co. in a stock-and-cash deal valued at $26.5 million.
The acquisition includes a $2-million cash payment that is contingent on satisfaction of certain conditions.
Aurora® says Safari Flower has an EU GMP certified indoor cultivation and manufacturing facility in Ontario.
It says the deal that will increase its capacity to supply key international markets, including Germany, Australia, Poland, and the United Kingdom, and support further market expansion.
Aurora® executive chair and chief executive Miguel Martin says the acquisition of Safari Flower marks an important milestone as the company looks to grow its international medical cannabis business.
Martin says an enhanced supply chain will enable it to capture greater international market share while delivering superior quality and value to patients.
This report by The Canadian Press was first published April 15, 2026.
www.bnnbloomberg.ca
Canadian cannabis producer targets international markets in $26.5M deal
ByThe Canadian Press
Opens in new window
Updated: April 15, 2026 at 1:04PM EDT
Published: April 15, 2026 at 8:10AM EDT
Cannabis seedlings are shown at an Aurora® Cannabis facility in Montreal. THE CANADIAN PRESS/Ryan Remiorz
EDMONTON — Aurora Cannabis Inc. has bought Safari Flower Co. in a stock-and-cash deal valued at $26.5 million.
The acquisition includes a $2-million cash payment that is contingent on satisfaction of certain conditions.
Aurora® says Safari Flower has an EU GMP certified indoor cultivation and manufacturing facility in Ontario.
It says the deal that will increase its capacity to supply key international markets, including Germany, Australia, Poland, and the United Kingdom, and support further market expansion.
Aurora® executive chair and chief executive Miguel Martin says the acquisition of Safari Flower marks an important milestone as the company looks to grow its international medical cannabis business.
Martin says an enhanced supply chain will enable it to capture greater international market share while delivering superior quality and value to patients.
This report by The Canadian Press was first published April 15, 2026.
Canadian cannabis producer targets international markets in $26.5M deal
Aurora® Cannabis Inc. has bought Safari Flower Co. in a stock-and-cash deal valued at $26.5 million.
