CanniMed postpones key shareholder meeting to hold talks with Aurora Cannabis
CanniMed Therapeutics Inc. is postponing a key shareholder meeting to give it time to hold talks with Aurora Cannabis Inc., which has made a hostile takeover offer for the company.
Trading in CanniMed shares (TSX:CMED) was halted pending the news.
The meeting had been set for Jan. 23 for CanniMed shareholders to vote on its plan to issue shares in its acquisition of Newstrike Resources Ltd. The meeting will now be held on Jan. 25.
CanniMed cautioned “there is no certainty that any such dis
Read more »