Aurora-CanniMed takeover battle goes before provincial regulators

TORONTO — An acrimonious takeover battle between two Canadian marijuana companies was in the regulatory spotlight Wednesday at a joint hearing involving the Saskatchewan and Ontario securities commissions.
Lawyers for both provincial regulators argued that Aurora Cannabis’ request to lessen the consideration period for its all-stock offer be rejected but that CanniMed Therapeutics shareholders’ rights plan to push back against its suitor be removed.
Kate McGrann, a lawyer repre