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Featured Cannabis News
Aurora Accuses Curaleaf of ‘Pressuring Shareholders’ as it Launches Official Takeover Bid
Curaleaf Holdings has pushed ahead with its unexpected and unsolicited acquisition campaign of Aurora Cannabis and has now submitted an official bid for its Canadian rival.
The cannabis giant formally launched its takeover bid on August 18, 2026, meaning Aurora’s shareholders must make a decision before the end of the year.
‘Marijuana Can No Longer Remain in Schedule I’: Inside the Government’s Final Case for Rescheduling Weed—and the Witnesses It Tore Apart
The federal government’s closing argument for moving marijuana to Schedule III is in, and its lawyers did not hedge. “Marijuana can no longer remain in Schedule I,” the DEA’s attorneys wrote in a post-hearing brief filed August 17 with Chief Administrative Law Judge Derek C. Julius, asking the judge to “expeditiously recommend” the transfer..
Curaleaf Officially Launches Hostile Takeover Bid for Aurora Cannabis
Curaleaf said it has formally commenced its previously announced proposal to purchase Aurora Cannabis.
Under the terms of the offer, Aurora shareholders would receive a consideration of $4 per Aurora common share, comprised of 0.3463 of a Curaleaf subordinate voting share plus $0.75 in cash. Curaleaf said that, based on Aurora's 30-day volume weighted average price, the offer implies a 45% premium to the unaffected share price.
Marijuana reform is emerging as a midterm elections issue on both sides of the aisle
With November’s pivotal midterm elections fast approaching, cannabis reform is emerging as an important issue. Two states, Massachusetts and Idaho, will vote on ballot initiatives regarding legalization, and in several others, including Kansas and Iowa, gubernatorial candidates are debating cannabis matters.
CNBC Aug.15, 2026