Aurora cannabis to acquire reliva

Aurora cannabis to strategically enter the united states with acquisition of reliva, llc a market leading mass retail cbd platform.aurora cannabis inc - members of reliva will receive approximately us$40 million of aurora common shares.aurora cannabis - deal includes potential earn-out of maximum of us$45 million payable in aurora shares, cash or a combination thereof, over next 2 yrs.aurora cannabis - deal to be immediately accretive to co on adjusted. ebitda basis.aurora cannabis - deal expected to be adjusted. ebitda accretive to aurora shareholders in fiscal 2020 and fiscal 2021.aurora cannabis - no capital expenditures or additional working capital investment is currently required.
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