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Aurora Cannabis Increases Stake in Choom Holdings

Aurora Cannabis Increases Stake in Choom Holdings

On November 5, Aurora Cannabis (ACB) (ACBFF) increased its stake in Choom Holdings, a cannabis product retailer, through a private placement in the amount of 20 million Canadian dollars. While this investment increases Aurora Cannabis’s share of holdings in Choom Holdings, the company has the right to acquire additional ownership of up to 40% of Choom Holdings.