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Marijuana Grower Aurora's Buying Spree Continues With New Deal

Simon Casey

Aurora Cannabis Inc., the Canadian marijuana grower trying to complete the industry’s largest takeover, agreed to acquire yet another company as it races to expand its scale and reach ahead of legalization. Anandia Laboratories Inc. is set to be bought by Aurora for about C$115 million ($88 million) in an all-stock transaction, the companies said Tuesday in a statement. Aurora has set a dizzying pace for deal-making in Canada’s emerging cannabis industry.